Nov IncNov Inc - ESG Rating & Company Profile powered by AI

Industry Group:Oil Related Services and Equipment

The analysis of Nov Inc was assembled by All Street Sevva using advanced AI. This dashboard contains a Q&A table about Nov Inc. Full Sustainability assessment of Nov Inc can be reached by signing up for free.

Nov Inc in the Oil Related Services and Equipment industry gained a UN SDG ESG Transparency Score of 7.4; made up of an environmental score of 7.0, social score of 6.2 and governance score of 8.0.

SDG Transparency Score for Nov Inc 
Low
0 - 3
Medium
4 - 6

7.4

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Nov Inc 
7.0

Environmental

6.2

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Technip Energies NV
8.7
High
2John Wood Group PLC
8.3
High
47SBM Offshore NV
7.5
High
47Weatherford International PLC
7.5
High
53Nov Inc
7.4
High
53Forum Energy Technologies Inc
7.4
High
53Saipem SpA
7.4
High
.........
296Winalta Inc
0.0
Low
296Wah Seong Corporation Bhd
0.0
Low
.........
View the full peer group of 417 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Nov Inc have an accelerator or VC vehicle to help deliver innovation?

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Does Nov Inc disclose current and historical energy intensity?

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Does Nov Inc report the average age of the workforce?

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Does Nov Inc reference operational or capital allocation in relation to climate change?

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Does Nov Inc disclose its ethnicity pay gap?

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Does Nov Inc disclose cybersecurity risks?

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Does Nov Inc offer flexible work?

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Does Nov Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Nov Inc disclose the number of employees in R&D functions?

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Does Nov Inc conduct supply chain audits?

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Does Nov Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Nov Inc conduct 360 degree staff reviews?

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Does Nov Inc disclose the individual responsible for D&I?

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Does Nov Inc disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Nov Inc disclose current and / or historical scope 2 emissions?

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Does Nov Inc disclose water use targets?

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Does Nov Inc have careers partnerships with academic institutions?

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Did Nov Inc have a product recall in the last two years?

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Does Nov Inc disclose incidents of discrimination?

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Does Nov Inc allow for Work Councils/Collective Agreements to be formed?

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Has Nov Inc issued a profit warning in the past 24 months?

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Does Nov Inc disclose climate scenario or pathway analysis?

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Does Nov Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Nov Inc disclose the pay ratio of women to men?

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Does Nov Inc support suppliers with sustainability related research and development?

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Does Nov Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Nov Inc reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Nov Inc involved in embryonic stem cell research?

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Does Nov Inc disclose GHG and Air Emissions intensity?

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Does Nov Inc disclose its waste policy?

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Does Nov Inc report according to TCFD requirements?

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Does Nov Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Nov Inc disclose energy use targets?

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Does Nov Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Nov Inc have a policy relating to cyber security?

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Potential Risks for Nov Inc
These potential risks are based on the size, segment and geographies of the company.

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It also provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. NOV Inc. offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.

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