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 24 is higher than 51% 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 significant carbon emissions, totalling 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 emissions. 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. However, Scope 3 emissions saw a reduction from 14,900,000,000 kg CO2e in 2021 to 13,200,000,000 kg CO2e in 2022. Over the years, Nova Chemicals has demonstrated a commitment to reducing its greenhouse gas emissions. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Nevertheless, they continue to monitor and report their emissions across all three scopes, indicating a focus on transparency and accountability in their climate strategy. The GHG emissions intensity for Scope 1 and 2 combined was reported at 690.0 kg CO2e per tonne of sales product in 2022, up from 650.0 kg CO2e per tonne in 2021. This suggests a need for further efforts to improve efficiency and reduce emissions intensity in their operations. Overall, while Nova Chemicals has made strides in emissions reporting, the absence of specific reduction targets highlights an area for potential growth in their climate commitments.
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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.
