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Novanta

Explore carbon emissions data for Novanta. Mycelium helps you review reported emissions, disclosure status, Scope 1, Scope 2 and Scope 3 data, climate targets and sustainability information in one company profile.

This profile brings together available carbon emissions data for Novanta, including reported figures, modelled estimates, disclosure documents and sustainability indicators, so you can review its emissions and compare its performance against similar companies. It is one entry in the Mycelium emissions database. Read how we source and check this data.

Emissions

Carbon emissions

Total yearly emissions across all scopes

947,359tCO2e(Market Based)(Mycelium adjusted)

Reported by Novanta
5,918 tCO₂e
Estimated by Mycelium
941,441 tCO₂e

Novanta reported 1% of the adjusted total. Mycelium estimated the remaining 99% for the categories it did not disclose.

Scope 1

tCO2e

2,132

Scope 2 (Market Based)

tCO2e

3,786

Scope 3 total

tCO2e

941,441

Figures from pages 34 and 50 of the source report

Scope 3 reported

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15

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See the scope breakdown

Provenance

Review the sources and documents behind Novanta's emissions data. Provenance matters because it shows where the information comes from, how recent it is and how complete the disclosure appears to be.

Documents

Emissions
Factors

Modelled emission factorScope 1, 2 and upstream Scope 3 (categories 1–8)
0.197kgCO2e / $

Sustainability
Snapshot

Based on reported data, retrieved with AI

  • Novanta reported 5,918 tCO₂e in 2023.
  • Scope 2 reported under the market based methodology.

According to available emissions disclosures, Novanta reported total yearly emissions of 5,918 tCO₂e in 2023. Scope 2 emissions accounted for 64% of the reported footprint, indicating purchased energy was the most significant contributor to its carbon footprint.

The company achieved a Mycelium Score of 0.1, placing it well below average for its sector for sustainability performance, and received a transparency score of 1.6, pointing to very little public detail on their key emissions.

Scope
breakdown

Scope 1 emissions

Direct emissions from sources the company owns or controls, such as fuel use, facilities and vehicles.

REPORTED

Direct emissions

2,132

tCO2e

Scope 2 emissions

Indirect emissions from purchased energy, including electricity, heating and cooling.

REPORTED

Location based

6,425

tCO2e
REPORTED

Market based USED IN TOTAL

3,786

tCO2e

Scope 3 emissions

Wider value chain emissions across the 15 GHG Protocol categories, from purchased goods and business travel to investments, where reported.

ESTIMATED

Cat 1

Purchased goods & services

143,631

tCO2e
ESTIMATED

Cat 2

Capital goods

10,202

tCO2e
ESTIMATED

Cat 3

Fuel & energy related activities

1,819

tCO2e
ESTIMATED

Cat 4

Upstream transportation & distribution

5,553

tCO2e
ESTIMATED

Cat 5

Waste generated in operations

680

tCO2e
ESTIMATED

Cat 6

Business travel

3,077

tCO2e
ESTIMATED

Cat 7

Employee commuting

2,357

tCO2e
ESTIMATED

Cat 8

Upstream leased assets

608

tCO2e
ESTIMATED

Cat 9

Downstream transportation & distribution

5,408

tCO2e
ESTIMATED

Cat 10

Processing of sold products

13,758

tCO2e
ESTIMATED

Cat 11

Use of sold products

728,020

tCO2e
ESTIMATED

Cat 12

End-of-life treatment of sold products

6,850

tCO2e
ESTIMATED

Cat 13

Downstream leased assets

897

tCO2e
ESTIMATED

Cat 14

Franchises

6,230

tCO2e
ESTIMATED

Cat 15

Investments

12,350

tCO2e

15 values were derived via Mycelium's normalisation process rather than reported by the company. A cell marked “ESTIMATED” is a figure the company did not disclose, modelled by Mycelium.

Verification

Independent third parties involved in checking or preparing Novanta's emissions data.

Independent assurance

Independently assured(limited assurance)by LRQA Inc.for 2023

Carbon accountant

Novanta Global Sustainability Specialistprepared the 2023 figures

Contact Info

Country

United States of America

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How scoring works

How the Mycelium Score is calculated

The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs peers in the same NACE section (emissions normalised against revenue, log-scaled between the 5th and 95th percentile of each company's latest reporting year in that section; a section needs at least 5 companies to be benchmarked). The band above 6.5 is earned through verified data quality on a claimed profile: declaring every reporting category yourself (up to 2.0), preparation by a carbon accountant (2.0) and independently audited figures (2.0). The total is multiplied by the transparency score and capped at 10. A disclosure with an implausibly large figure (Scope 1 or 2 over 300 million tonnes, a Scope 3 figure over 2 billion tonnes or a total over 2.5 billion tonnes) is not scored until it has been checked.

A higher score means lower carbon intensity than sector peers, backed by data that's third-party verified, claimed by the company, and fully disclosed. Novanta's score sits at the top of this page and in the score panel. Without a revenue figure to measure carbon intensity, or an industry classification to compare it within, a company has no score.

How the Transparency Score is calculated

The Transparency Score is the share of a company's estimated footprint that it reported itself, graded from A (very high) down to F (very low). Where a category is missing, Mycelium models what it would hold for a company of that size and industry and counts it as undisclosed, so an unreported category where the bulk of emissions sit hurts far more than a minor one. Unreported downstream categories (9 to 15) count at a quarter of their modelled size in this share; the carbon intensity behind the score still counts them in full. A Scope 3 total filed without a category breakdown earns very little credit for the part left unattributed, because it does not show which categories are inside it: a company can count business travel, leave purchased goods out entirely, and the total looks the same. Without a revenue figure the footprint cannot be modelled, so the company has no Transparency Score.

For Novanta, the single biggest gap is Use of sold products (Scope 3 Category 11). Mycelium estimates it accounts for around 77% of the company's estimated footprint, yet it hasn't been disclosed. Leaving a bucket this large unreported is what's holding the transparency score down.

Other material categories Novanta hasn't disclosed:

  • Purchased goods & services (Scope 3 Category 1), around 15% of the estimated footprint

In total, roughly 99% of Novanta's estimated emissions sit in categories it hasn't reported. Disclosing these would be the fastest way to raise the transparency score.

Cover of Mycelium's scoring methodology white paperRead the full scoring methodologyOur white paper covers exactly how the Mycelium Score and Transparency Score are calculated, including the normalisation process and what earns a 10/10.Download the white paper (PDF)

Compare Novanta with similar companies

Novanta carbon emissions FAQs

What are Novanta's carbon emissions?

In its 2023 reporting year, Novanta disclosed total emissions of 5,918 tCO2e across all scopes. Including Mycelium estimates for undisclosed categories, the adjusted total is 947,359 tCO2e. Scope 2 accounted for the largest share of the reported total, around 64%.

Does Novanta report Scope 1, Scope 2 and Scope 3 emissions?

For 2023, Novanta's available disclosure covers Scope 1 (2,132 tCO2e) and Scope 2 (3,786 tCO2e). Figures not reported by the company are shown as modelled estimates and labelled as such.

How transparent is Novanta's emissions reporting?

Novanta has a Mycelium transparency score of 1.6 out of 100. The score is the share of the company's estimated footprint that it reported itself, so an undisclosed category where most of its emissions sit weighs far more than a minor one.

Is Novanta sustainable?

Mycelium measures sustainability through carbon emissions data rather than giving a yes or no verdict. Novanta has a Mycelium Score of 0.1 out of 10, which reflects its emissions intensity against sector peers together with how transparent and well-verified its reporting is. The emissions figures and disclosure documents on this page give the fuller picture.

Is Novanta environmentally friendly?

Carbon emissions are one measurable part of environmental impact, and the part Mycelium tracks. Novanta disclosed 5,918 tCO2e for 2023, and its Mycelium Score of 0.1 out of 10 shows how that performance compares with similar companies in its sector.

Learn more about our methodology and where this data comes from.