Novanta Inc
Novanta's GHG Emissions Data Preview
In 2023, Novanta 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, Novanta has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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.  a | 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 |
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Insights into Novanta's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Novanta amounted to 8,557 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 2022, the total operational greenhouse gas (GHG) emissions of Novanta increased by 37.71%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Novanta's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Novanta's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Novanta were 2,132 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a
Has Novanta reduced its Scope 1 emissions over time?
Since 2021, Novanta's Scope 1 emissions have increased by 65.02%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Novanta's Scope 1 emissions increased by 56.76%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Novanta's Scope 2 emissions?
In 2023, Novanta reported Scope 2 greenhouse gas (GHG) emissions of 3,786 tCOâ‚‚e using the market-based method and 6,425 tCOâ‚‚e using the location-based method. a
What methodology does Novanta use for Scope 2 reporting?
In 2023, Novanta reported its Scope 2 emissions using the market-based method and using the location-based method. a
Novanta's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based