Climate and Energy
Reducing Our Footprint
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)
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.
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.