Novatek PAO
Novatek's GHG Emissions Data Preview
In 2023, Novatek 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Novatek has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| 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 | ||||
Unspecified Calculation Method | 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 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.  a | 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.  | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Novatek’s Greenhouse Gas (GHG) Emissions Data
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Insights into Novatek's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Novatek amounted to 9,655,000 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 Novatek increased by 0.68%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Novatek's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Novatek's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Novatek were 9,482,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Novatek reduced its Scope 1 emissions over time?
Since 2020, Novatek's Scope 1 emissions have increased by 4.7%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Novatek's Scope 1 emissions remained relatively stable, indicating that Novatek's emissions have plateaued with no significant change in its operational footprint. a
What are Novatek's Scope 2 emissions?
In 2023, Novatek reported Scope 2 greenhouse gas (GHG) emissions of 173,000 tCO₂e without specifying the calculation method. a
Has Novatek reduced its Scope 2 emissions over time?
Since 2020, Novatek's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 10.19%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Novatek's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Novatek 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Novatek use for Scope 2 reporting?
In 2023, Novatek reported its Scope 2 emissions using an unspecified methodology. a
Novatek's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Novatek's Value Chain Emissions
In 2023, Novatek reported 176,397,000 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 2023 disclosure of Novatek includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Novatek's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Novatek's Scope 3 emissions?
In 2023, Novatek reported total Scope 3 emissions of 176,397,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 3.61% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.39% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Novatek reduced its Scope 3 emissions over time?
Since 2020, Novatek's Scope 3 emissions have remained relatively stable, indicating that Novatek 's emissions have plateaued with no significant change in its value chain footprint. a b
Compared to the previous year (2022), Novatek's Scope 3 emissions remained relatively stable, indicating that Novatek 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Novatek disclose?
In 2023, Novatek reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Novatek's Scope 3 emissions?
In 2023, the largest contributors to Novatek's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 170,031,000 tCO₂e (96.39%)
- Downstream Transportation and Distribution (Cat. 9): 6,366,000 tCO₂e (3.61%)
Novatek's Scope 3 Emissions by Categories
Insights into Novatek’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Novatek reported Scope 1 greenhouse gas (GHG) emissions of 9,482,000 tCO₂e and total revenues of USD 15,178 millions. This translates into an emissions intensity of 624.71 tCO₂e per millions USD. a
Novatek's Scope 1 Emissions Intensity Compared to Peers
How does Novatek's GHG emissions intensity compare to its peers?
In 2023, Novatek reported a Scope 1 emissions intensity of 624.71 tCO₂e per millions USD. Compared to the peer group median of 286.02, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Novatek rank on GHG emissions intensity within its industry?
In 2023, Novatek ranked 15 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Novatek among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Novatek's Total Carbon Footprint
In 2023, Novatek reported a total carbon footprint of 186,052,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.55% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Novatek's total carbon footprint was Scope 3 emissions, accounting for 94.81% of the company's total carbon footprint, followed by Scope 1 emissions at 5.1%. a