In 2024, Noble completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Noble has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 871,060a | 858,065b | 597,706c | |
Total Scope 2 | ||||
Unspecified Calculation Method | 1,530a | 1,038b | 4,239c | |
Total Scope 3 | 34,070a | 21,910b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 284.8633a | 331.4249b | 422.7515c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Noble amounted to 872,590 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Noble increased by 1.57%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Noble were 871,060 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Noble's Scope 1 emissions have increased by 45.73%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Noble's Scope 1 emissions increased by 1.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Noble reported Scope 2 greenhouse gas (GHG) emissions of 1,530 tCO₂e without specifying the calculation method.a
Since 2022, Noble's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 63.91%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Noble's Scope 2 emissions (Unspecified Calculation Method) rose by 47.4% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, Noble reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Noble reported 34,070 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Noble includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Noble reported total Scope 3 emissions of 34,070 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Noble's Scope 3 emissions increased by 55.5%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Noble reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Noble's Scope 3 emissions were:a
In 2024, Noble reported Scope 1 greenhouse gas (GHG) emissions of 871,060 tCO₂e and total revenues of USD 3,058 millions. This translates into an emissions intensity of 284.86 tCO₂e per millions USD.a
In 2024, Noble reported a Scope 1 emissions intensity of 284.86 tCO₂e per millions USD. Compared to the peer group median of 336.56, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Noble ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Noble is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Noble reported a total carbon footprint of 906,660 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.91% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Noble's total carbon footprint was Scope 1 emissions, accounting for 96.07% of the company's total carbon footprint, followed by Scope 3 emissions at 3.76%.a