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Nova Ltd
Nova's GHG Emissions Data Preview
In 2024, Nova 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, Nova 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 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 |
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.  | 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 |
Verified Sources Behind Nova’s Greenhouse Gas (GHG) Emissions Data
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Insights into Nova's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofNova amounted to1,676.4metric 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 Novadecreased by 60.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Nova's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Nova's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Nova were 924.57 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Nova reduced its Scope 1 emissions over time?
Since 2022, Nova's Scope 1 emissions have increased by 6.29%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Nova's Scope 1 emissions increased by 16.62%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Nova's Scope 2 emissions?
In 2024, Nova reported Scope 2 greenhouse gas (GHG) emissions of 751.83 tCOâ‚‚e using the market-based method.a
Has Nova reduced its Scope 2 emissions over time?
Since 2022, Nova's Scope 2 greenhouse gas (GHG) emissions (Market-Based)have decreased by 80.51%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Nova's Scope 2 emissions(Market-Based) fell by 78.01% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Nova use for Scope 2 reporting?
In 2024, Nova reported its Scope 2 emissions using the market-based method.a
Nova's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Nova’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Nova reported Scope 1 greenhouse gas (GHG) emissions of 924.57 tCOâ‚‚e and total revenues of USD 672 millions. This translates into an emissions intensity of 1.38 tCOâ‚‚e per millions USD.a
Nova's Scope 1 Emissions Intensity Compared to Peers
How does Nova's GHG emissions intensity compare to its peers?
In 2024, Nova reported a Scope 1 emissions intensity of 1.38 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.17, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Nova rank on GHG emissions intensity within its industry?
In 2024, Nova ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Nova is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a