Novatek

Sustainability Report and Carbon Intensity Rankings

Is Novatek doing their part?

Their DitchCarbon score is 13

Novatek has a DitchCarbon Score of 13 out of 100, indicating a low level of sustainability in its operations. This score suggests that Novatek’s carbon intensity is high, reflecting significant greenhouse gas emissions relative to its size and output. The company has considerable room for improvement in reducing its carbon footprint and enhancing its environmental performance.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Novatek is part of the energy generation and distribution industry, which has a carbon intensity ranking of high. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which Novatek operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Novatek operates in a Western European country with a low carbon intensity rating, indicating a cleaner energy grid. This regional advantage supports the company’s sustainability efforts by reducing its carbon footprint through location-based lower emissions.
17.44%

...this company is doing 17.44% worse in emissions than the industry average.

Founded in 2004, Novatek is a prominent Russian company in the energy generation and distribution industry, specializing in the exploration, production, processing, and sale of natural gas and liquid hydrocarbons. With over two decades of experience in the Russian oil and gas sector, Novatek is among the top five global public oil and gas companies by proven gas reserves. The company operates across various regions in Russia, utilizing its own and leased railway tankers for transportation and actively employing the Northern Sea Route for efficient delivery to the Asia-Pacific region.

Bad news, Novatek hasn't committed to SBTi targets yet

Novatek has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is yet to define and announce clear, science-based targets for reducing greenhouse gas emissions in line with global efforts to limit warming.

There’s always room for improvement,

DitchCarbon recommends...

Novatek should foster collaboration with industry peers to exchange best practices and resources, enhancing the collective reduction of Scope 3 emissions.
Not participating

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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.