Business Performance

Nova’s sustainable growth over the years is driven by a sense of responsibility, our mission, our corporate DNA and, above all, confidence in our ability and desire to act, make an impact and bring a positive change. In our 2022 Insights Review, we aimed to better embed our environmental, social, and governance goals and principles into our operating model and establish measurable metrics to help us track and evaluate our progress. As part of this aim, we thoroughly reviewed our previous goals and are pleased to announce new goals that better reflect our long-term vision, address our areas of impact, and allow us to measure our progress on our targeted initiatives.

Our updated goals are also rooted in our accomplishments from 2024. Our efforts to reduce our environmental impact have taken great strides, achieving 88% renewable energy use and a significant reduction in scope 1 and 2 greenhouse gas (GHG) emissions from a 2022 baseline. We are also proud of the progress we have made with some of our key social programs including achieving a 148% increase in employee volunteering hours from a 2022 baseline, 35% internal mobility rate, and launched a professional certification program to better serve customers.  

I warmly invite you to read our 2025 Sustainability Insight Report that that launches our new 2030 goals and details the achievements we’ve made in our key areas of impact as we work towards achieving our $1 billion long-term strategic plan.

We look forward to continued collaboration with our employees, customers, suppliers, and communities as we work to achieve our goals, grow our business, and enhance shareholder value.