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 14 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nov's reported carbon emissions
In 2023, NOV reported total carbon emissions of approximately 378,751,000 kg CO2e, which includes 135,671,000 kg CO2e from Scope 1 and 243,080,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2022, where emissions were about 368,637,000 kg CO2e, comprising 148,289,000 kg CO2e from Scope 1 and 220,348,000 kg CO2e from Scope 2. In 2021, the company emitted approximately 384,013,000 kg CO2e, with 177,336,000 kg CO2e from Scope 1 and 206,677,000 kg CO2e from Scope 2. NOV has set long-term climate commitments aimed at achieving net-zero emissions by 2050 for both Scope 1 and Scope 2 emissions. The company is actively developing carbon capture technologies to assist its customers in reducing their carbon footprint. Additionally, NOV has established near-term targets for emissions reduction from 2023 to 2030, focusing on the same scopes. Overall, NOV's emissions data reflects a commitment to reducing its carbon footprint while advancing technologies that support carbon capture and utilisation strategies.
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Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,010,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 320,000,000 | 000,000,000 | 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 not participating in any of the initiatives that 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.
