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 22 is lower than 61% 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 2022, Nova Chemicals reported total carbon emissions of approximately 3,729,000,000 kg CO2e for Scope 1, 852,000,000 kg CO2e for Scope 2, and 13,200,000,000 kg CO2e for Scope 3. This reflects a slight decrease in Scope 1 emissions from 3,820,000,000 kg CO2e in 2021, while Scope 2 emissions increased marginally from 837,000,000 kg CO2e. Scope 3 emissions also decreased from 14,900,000,000 kg CO2e in 2021. Nova Chemicals operates as a current subsidiary of NOVA Chemicals Corporation, which is responsible for the emissions data reported. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a potential area for future commitment. The GHG emissions intensity for Scope 1 and 2 combined was reported at approximately 690.0 kg CO2e per tonne of sales product in 2022, showing a slight improvement from 650.0 kg CO2e per tonne in 2021. This data highlights the company's ongoing efforts to monitor and manage its carbon footprint, although further commitments and targets would enhance its climate strategy.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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.
