Climate and Energy​

Reducing Our Footprint

GHG Emissions

In 2021, we began measuring our Scope 1 and Scope 2 GHG emissions across all of our facilities and locations in order to have a clearer picture of our direct carbon impact. With this information, we will be able to better target our carbon reduction interventions to meet our environmental goals.

Emissions in tCO2e (2021 Baseline)

Scope One
Scope Two
Total
1,443
4,196
5,639
IEA (2021), Emission Factors | EPA eGRID1 | Metric Tons of Carbon Dioxide Equivalence
Across Novanta sites globally, approximately 28% of our electricity consumption already comes from clean or renewable sources2 as the end of 2021. At Novanta, we recognize the impact of our footprint on the environment and the importance of tracking and reducing our GHG emissions. Without tracking our Scope 3 GHG emissions, it is impossible to see the full scale of our impact. We are currently developing plans to define the scope, tools, and methodologies for measuring our Scope 3 GHG emissions. We plan to begin measuring these Scope 3 GHG emissions by 2026. As a Company that operates globally, we have an important role to play in enacting stringent ESG-related requirements for all relevant players within our supply chain. Starting in 2022, we intend to require all Key Suppliers to complete a tailored ESG questionnaire to demonstrate that they comply with our standards at Novanta. This will allow us to monitor our upstream emissions, giving us a more complete understanding of our impact. In the interim, we are working on projects to cut back on our GHG emissions wherever possible.

Water Usage, Water Intensity, Water Source

Through Novanta’s initial ESG assessment in 2021, we have determined that water usage, intensity, and source are not items requiring detailed tracking for Novanta at this time. In the years to come, Novanta will continue to monitor water usage, water intensity, and water source.

quote-Vaughn-Sommerseth
Sustainability takes work and takes a team. I am proud to be on a team that cares about our planet and takes action to ensure that we do our part for a clean tomorrow.
Vaughn Sommerseth
Manager Operations

Land Cover, Land Use Practices

Through Novanta’s initial ESG assessment and risk analysis in 2021, we have determined that Land Cover and Land Use Practices are not items requiring detailed tracking for Novanta at this time. In the years to come, Novanta will continue to monitor land use practices.

Physical Risks3 in Coastal/Flood Zones

Novanta has worked with our insurance carriers to evaluate the physical risks that may affect our facilities and has maintained appropriate levels of insurance coverage to help minimize the financial consequences of catastrophic events that might occur. To date, we have not had any catastrophic physical events that have caused major business disruptions to our facilities. However, there is no assurance that such catastrophic physical events will not occur in the future. Novanta will continuously monitor our physical risks and enhance our risk response action plans as part of our ISO 14001 certification and compliance initiative.

1 Full methodology for calculating GHG emissions can be found in Boundaries and Methodology.

2 Calculated as kWh of renewable or nuclear-sourced electricity divided by total kWh of electricity consumed in 2021. Both supplier-reported fuel mix and contractual agreements are included. See Energy and GHG Emissions for further information.

3 Risks associated with extreme weather, climate change and other physical impacts.

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