Nova Chemicals Sustainability Profile
Nova Chemicals Corporation, commonly referred to as Nova Chemicals, is a leading player in the petrochemical industry, headquartered in Calgary, Alberta, Canada. Founded in 1984, the company has established itself as a key manufacturer of polyethylene and styrenic products, serving diverse markets across North America and beyond. With a strong focus on sustainability, Nova Chemicals is committed to producing innovative materials that enhance everyday life while minimising environmental impact. Their core offerings include advanced polyethylene resins, which are renowned for their versatility and performance in packaging, automotive, and consumer goods applications. Recognised for its commitment to safety and operational excellence, Nova Chemicals has achieved significant milestones, including advancements in circular economy initiatives. As a prominent entity in the chemical sector, the company continues to drive growth and innovation, solidifying its market position as a trusted supplier of high-quality materials.
DitchCarbon Score
How does Nova Chemicals'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 Chemicals 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
Nova Chemicals's score of 12 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nova Chemicals's reported carbon emissions
In 2024, Nova Chemicals reported total Scope 1 emissions of approximately 4,013,000,000 kg CO2e. This marks a slight increase from 2023, where emissions were about 3,974,000,000 kg CO2e, and a rise from 2022's figure of around 3,729,000,000 kg CO2e. Over the past five years, emissions have fluctuated, with 2021 recording about 3,820,000,000 kg CO2e and 2020 at approximately 3,963,000,000 kg CO2e. Nova Chemicals operates as a current subsidiary of NOVA Chemicals Corporation, which provides the emissions data. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. As such, their climate commitments remain vague, with no documented reduction strategies or targets available. The emissions data indicates a significant reliance on fossil fuels, typical of the chemicals industry, which faces increasing pressure to reduce carbon footprints. Nova Chemicals' commitment to addressing climate change will be crucial as they navigate regulatory and market expectations for sustainability.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,437,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 760,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | - | - | - | - | - |
How Carbon Intensive is Nova Chemicals's Industry?
How Carbon Intensive is Nova Chemicals's Location?
Nova Chemicals's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nova Chemicals has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
