Nov
Nov, Inc., commonly referred to as Nov, is a leading provider of technology solutions for the energy sector, headquartered in the United States. Founded in 2020, Nov has rapidly established itself as a key player in the oil and gas industry, with significant operations across North America and international markets. The company focuses on delivering innovative products and services, including advanced drilling technologies and wellbore construction solutions. Nov's unique approach combines cutting-edge engineering with a commitment to sustainability, setting it apart from competitors. With a strong market position, Nov has achieved notable milestones, including strategic partnerships and a growing portfolio of patented technologies. As the energy landscape evolves, Nov continues to drive progress and efficiency, reinforcing its reputation as a trusted partner in the industry.
DitchCarbon Score
How does Nov's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Nov's score of 3 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nov's reported carbon emissions
In 2022, Nov reported total carbon emissions of approximately 398,000,000 kg CO2e, comprising about 192,000,000 kg CO2e from Scope 1 emissions and about 206,000,000 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2021, where total emissions were approximately 384,214,000 kg CO2e, indicating a positive trend in their emissions management. Despite these reductions, Nov has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a global context, generating revenue of approximately USD 7.24 billion in 2022, which highlights its substantial operational scale. Overall, while Nov has made strides in reducing its carbon footprint, further transparency regarding future climate commitments and specific reduction targets would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,010,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 320,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nov is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
