Sunnova Energy International Inc

Common Name
Sunnova Energy International
Country
United States
Sector
Technology
Industry
Solar
Employees
1,796
Ticker
NOVA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Sunnova Energy International Inc. is a prominent provider in the renewable energy sector, particularly focusing on solar energy and battery storage solutions for residential customers. The company pla...

Sunnova Energy International's GHG Emissions Data Preview

In 2023, Sunnova Energy International 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).

Sunnova Energy International has also provided a category-level breakdown for 9 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
Market-Based
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Location-Based
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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 Sunnova Energy International's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sunnova Energy International amounted to 6,004 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 Sunnova Energy International increased by 156.58%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Sunnova Energy International's Scope 1 Emissions Over Time

202020212022202301.5 k3 k4.5 k6 ktCO2e+47%+1%+234%
  • Total Scope 1
  • Year-over-Year Change

What are Sunnova Energy International's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sunnova Energy International were 5,132 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sunnova Energy International reduced its Scope 1 emissions over time?

Since 2020, Sunnova Energy International's Scope 1 emissions have increased by 395.75%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Sunnova Energy International's Scope 1 emissions increased by 234.33%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Sunnova Energy International's Scope 2 emissions?

In 2023, Sunnova Energy International reported Scope 2 greenhouse gas (GHG) emissions of 919 tCOâ‚‚e using the market-based method, and 872 tCOâ‚‚e using the location-based method.

Has Sunnova Energy International reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Sunnova Energy International's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sunnova Energy International 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Sunnova Energy International use for Scope 2 reporting?

In 2023, Sunnova Energy International reported its Scope 2 emissions using the market-based method and using the location-based method.

Sunnova Energy International's Scope 2 Emissions Over Time

202020212022202302505007501 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sunnova Energy International's Value Chain Emissions

In 2023, Sunnova Energy International reported 847,816 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 Sunnova Energy International includes a breakdown across 9 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.

Sunnova Energy International's Scope 3 Emissions Over Time

20202021202220230250 k500 k750 k1 MtCO2e+90%+50202%+34%
  • Total Scope 3
  • Year-over-Year Change

What are Sunnova Energy International's Scope 3 emissions?

In 2023, Sunnova Energy International reported total Scope 3 emissions of 847,816 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 89.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.47% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Sunnova Energy International reduced its Scope 3 emissions over time?

Since 2020, Sunnova Energy International's Scope 3 emissions have increased by 128,019.2%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Sunnova Energy International's Scope 3 emissions increased by 34.38%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Sunnova Energy International disclose?

In 2023, Sunnova Energy International reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Sunnova Energy International's Scope 3 emissions?

In 2023, the largest contributors to Sunnova Energy International's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 746,205 tCOâ‚‚e (88.01%)
  • Investments (Cat. 15): 87,797 tCOâ‚‚e (10.36%)
  • Upstream Transportation and Distribution (Cat. 4): 5,463 tCOâ‚‚e (0.64%)

Sunnova Energy International's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(88.0%)Investments(Cat. 15)(10.4%)

Insights into Sunnova Energy International's Total Carbon Footprint

In 2023, Sunnova Energy International reported a total carbon footprint of 853,820 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.84% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Sunnova Energy International's total carbon footprint was Scope 3 emissions, accounting for 99.3% of the company's total carbon footprint, followed by Scope 1 emissions at 0.6%.