In 2024, Nov 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) and Scope 2 (indirect emissions from purchased energy).
However, Nov has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 135,554a | 135,671a | 148,289a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 275,469a | 243,080a | 220,348a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 15.2823a | 15.8069a | 20.4904a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Nov amounted to 411,023 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 Nov increased by 8.52%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Nov were 135,554 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Nov's Scope 1 emissions have decreased by 23.56%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Nov's Scope 1 emissions remained relatively stable, indicating that Nov's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Nov reported Scope 2 greenhouse gas (GHG) emissions of 275,469 tCO₂e without specifying the calculation method.a
Since 2021, Nov's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 33.28%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Nov's Scope 2 emissions (Unspecified Calculation Method) rose by 13.32% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Nov reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Nov reported Scope 1 greenhouse gas (GHG) emissions of 135,554 tCO₂e and total revenues of USD 8,870 millions. This translates into an emissions intensity of 15.28 tCO₂e per millions USD.a
In 2024, Nov reported a Scope 1 emissions intensity of 15.28 tCO₂e per millions USD. Compared to the peer group median of 18.95, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Nov ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Nov is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a