Novolex Sustainability Profile
Novolex, a leading provider of packaging solutions, is headquartered in the United States and operates extensively across North America. Founded in 2014, the company has rapidly established itself in the packaging industry, focusing on sustainable products and innovative designs. Novolex offers a diverse range of core products, including bags, containers, and foodservice packaging, all crafted with an emphasis on environmental responsibility. With a commitment to quality and sustainability, Novolex has achieved significant milestones, including numerous awards for its eco-friendly initiatives. The company is recognised for its market position as a top supplier in the foodservice and retail sectors, continually striving to meet the evolving needs of its customers while promoting a circular economy.
DitchCarbon Score
How does Novolex'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 Other Services 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
Novolex's score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Novolex's reported carbon emissions
In 2023, Novolex reported total carbon emissions of approximately 30245000 kg CO2e for Scope 1 and about 230147000 kg CO2e for Scope 2 (market-based). This reflects a slight increase in Scope 1 emissions from 29234000 kg CO2e in 2022, while Scope 2 emissions decreased from approximately 245517000 kg CO2e in the same year. The company has disclosed emissions data for both Scope 1 and Scope 2, but has not reported any Scope 3 emissions. Novolex's emissions intensity for Scope 1 and 2 combined was reported at about 209 kg CO2e per tonne of production in 2023. This indicates a commitment to monitoring and potentially reducing emissions intensity over time, although specific reduction targets or initiatives have not been outlined in the available data. As a current subsidiary of Novolex Holdings, LLC, emissions data is cascaded from the parent company, which may influence Novolex's overall climate strategy. However, there are no specific science-based targets (SBTi) or documented reduction initiatives available at this time. Overall, while Novolex has made strides in tracking its carbon emissions, further clarity on reduction commitments and strategies would enhance its climate action profile.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 27,895,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 288,134,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Novolex's Industry?
How Carbon Intensive is Novolex's Location?
Novolex'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.
Novolex 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.
