NOF Corp
NOF's GHG Emissions Data Preview
In 2024, NOF completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
NOF has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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cVerified Sources Behind NOF’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore NOF’s data sources below and access millions more through our Disclosure Search.
Insights into NOF's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of NOF amounted to 124,000 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of NOF decreased by 33.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
What are NOF's Scope 2 emissions?
In 2024, NOF reported Scope 2 greenhouse gas (GHG) emissions of 102,000 tCO₂e using the market-based method and 124,000 tCO₂e using the location-based method. a
Has NOF reduced its Scope 2 emissions over time?
Compared to the previous year (2023), NOF's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that NOF 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does NOF use for Scope 2 reporting?
In 2024, NOF reported its Scope 2 emissions using the market-based method and using the location-based method. a
NOF's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into NOF's Value Chain Emissions
In 2024, NOF reported 972,100 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 NOF includes a breakdown across 9 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
NOF's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are NOF's Scope 3 emissions?
In 2024, NOF reported total Scope 3 emissions of 972,100 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 67.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 32.81% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has NOF reduced its Scope 3 emissions over time?
Since 2021, NOF's Scope 3 emissions have increased by 1,514.78%, reflecting a rising long-term trend in Scope 3 emissions over time. a d
Compared to the previous year (2023), NOF's Scope 3 emissions increased by 61.99%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does NOF disclose?
In 2024, NOF reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of NOF's Scope 3 emissions?
In 2024, the largest contributors to NOF's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 520,500 tCO₂e (53.54%)
- End-of-Life Treatment of Sold Products (Cat. 12): 292,300 tCO₂e (30.07%)
- Capital Goods (Cat. 2): 52,500 tCO₂e (5.4%)
NOF's Scope 3 Emissions by Categories
Insights into NOF’s GHG Emissions Intensity Compared to Industry Peers
In 2023, NOF reported Scope 1 greenhouse gas (GHG) emissions of 58,600 tCO₂e and total revenues of USD 1,634 millions. This translates into an emissions intensity of 35.85 tCO₂e per millions USD. b
NOF's Scope 1 Emissions Intensity Compared to Peers
How does NOF's GHG emissions intensity compare to its peers?
In 2023, NOF reported a Scope 1 emissions intensity of 35.85 tCO₂e per millions USD. Compared to the peer group median of 121.91 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. b
Where does NOF rank on GHG emissions intensity within its industry?
In 2023, NOF ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). b
NOF is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. b