Novatek PAO

Common Name
Novatek
Country
Russia
Sector
Energy
Industry
Oil & Gas E&P
Employees
N/A
Ticker
NVTK
Exchange
MOSCOW EXCHANGE
Description
Novatek Public Joint Stock Company is a leading player in the oil and natural gas industry, primarily focusing on the exploration, extraction, processing, and distribution of natural gas and liquid hy...

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

Novatek's Scope 1 Emissions Over Time

202020212022202303 M6 M9 M12 MtCO2e+11%-6%+1%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Novatek's Scope 2 emissions?

In 2023, Novatek reported Scope 2 greenhouse gas (GHG) emissions of 173,000 tCOâ‚‚e without specifying the calculation method.

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.

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.

What methodology does Novatek use for Scope 2 reporting?

In 2023, Novatek reported its Scope 2 emissions using an unspecified methodology.

Novatek's Scope 2 Emissions Over Time

2020202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Novatek's Value Chain Emissions

In 2023, Novatek reported 176,397,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

Novatek's Scope 3 Emissions Over Time

2020202120222023050 M100 M150 M200 MtCO2e+3%+2%-3%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

  • Use of Sold Products (Cat. 11): 170,031,000 tCOâ‚‚e (96.39%)
  • Downstream Transportation and Distribution (Cat. 9): 6,366,000 tCOâ‚‚e (3.61%)

Novatek's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(96.4%)DownstreamTransportation andDistribution(Cat. 9)(3.6%)

Insights into Novatek's Total Carbon Footprint

In 2023, Novatek reported a total carbon footprint of 186,052,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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