Noble Energy, Inc.
Noble Energy, Inc., a prominent player in the energy sector, is headquartered in the United States and operates primarily in the oil and natural gas industry. Founded in 1932, the company has established a strong presence in key operational regions, including the Gulf of Mexico, the Eastern Mediterranean, and the DJ Basin in Colorado. Noble Energy is renowned for its innovative exploration and production techniques, focusing on sustainable energy solutions. The company’s core services encompass the development of oil and gas resources, with a commitment to environmental stewardship and operational excellence. With a history marked by significant milestones, Noble Energy has positioned itself as a leader in the market, recognised for its strategic partnerships and successful projects that enhance energy security and drive economic growth.
DitchCarbon Score
How does Noble Energy, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Noble Energy, Inc.'s score of 11 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Noble Energy, Inc.'s reported carbon emissions
In 2018, Noble Energy, Inc. reported total carbon emissions of approximately 371,970,000 kg CO2e from Scope 1 sources, which include mobile combustion (about 37,197,000 kg CO2e), fugitive emissions (approximately 41,259,000 kg CO2e), and stationary combustion (around 383,106,000 kg CO2e). Additionally, the company disclosed Scope 3 emissions totalling about 17,088,000 kg CO2e. Noble Energy has undertaken significant initiatives to reduce its carbon footprint. In 2018, the company initiated a capital investment project aimed at reducing air emissions on its Tamar gas production platform. This project, which became operational in 2019, is projected to achieve a reduction of approximately 93% in methane emissions and about 98% in non-methane volatile organic compound (VOC) emissions, specifically targeting Scope 1 and Scope 2 emissions. The emissions data for Noble Energy is cascaded from its parent company, Chevron Corporation, reflecting its current subsidiary status. While there are no specific Science Based Targets Initiative (SBTi) targets reported, the company's commitment to reducing emissions through operational improvements demonstrates its alignment with industry standards for climate action.
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| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Scope 1 | 710,211,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | 12,675,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Noble Energy, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
