Novanta Inc
Novanta's Climate Target Data Preview
As of 2023, Novanta has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Novanta's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue | Copy/Paste is a PRO feature.  a | 2027 |
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Insights into Novanta's Greenhouse Gas Emissions Pathways
As of 2023, Novanta has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
Does Novanta have a target to reduce the emissions from its operations?
As of 2023, Novanta has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Novanta's most ambitious operational target is to reduce these emissions by 15% by 2027, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue in 2022.a
As of 2023, Novanta is ahead of schedule on its operational emissions reduction target, having achieved 54.8% of the planned reduction.a