Nova Chemicals
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 19 is lower than 66% 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 13,200,000,000 kg CO2e across all scopes. This includes 3,729,000,000 kg CO2e from Scope 1 emissions, 852,000,000 kg CO2e from Scope 2, and 13,200,000,000 kg CO2e from Scope 3 emissions. The company has shown a slight reduction in Scope 1 emissions from 3,820,000,000 kg CO2e in 2021 and 3,963,000,000 kg CO2e in 2020, indicating a trend towards lower direct emissions. Despite these reductions, Nova Chemicals has not publicly committed to specific reduction targets under the Science Based Targets initiative (SBTi) or other frameworks, as no reduction targets have been documented. The emissions data is cascaded from its parent company, NOVA Chemicals Corporation, reflecting the company's overall performance in carbon management. The company has disclosed its emissions intensity for Scope 1 and 2, which was reported at 690.0 kg CO2e per tonne of sales product in 2022. This metric provides insight into the efficiency of their operations in relation to greenhouse gas emissions. Overall, while Nova Chemicals has made progress in reducing its emissions, the absence of formal reduction targets suggests a need for more robust climate commitments to align with industry standards and expectations.
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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 |
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.
Nova Chemicals 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.
