Mol
MOL Group, a leading integrated oil and gas company, is headquartered in Hungary (HU) and operates extensively across Central and Eastern Europe. Founded in 1957, MOL has established itself as a key player in the energy sector, focusing on exploration, production, refining, and distribution of oil and gas. The company is renowned for its innovative approach to energy solutions, offering a diverse range of products, including fuels, lubricants, and petrochemicals. MOL's commitment to sustainability and technological advancement sets it apart in a competitive market. With a strong market position, MOL Group has achieved significant milestones, including strategic acquisitions and expansions that enhance its operational capabilities. The company continues to drive growth while prioritising environmental responsibility and energy efficiency.
DitchCarbon Score
How does Mol's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Liquefied Petroleum Gas (LPG) industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mol's score of 54 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mol's reported carbon emissions
In 2023, MOL reported total carbon emissions of approximately 63,220,000,000 kg CO2e, with significant contributions from Scope 1 emissions at about 88,280,000,000 kg CO2e and Scope 3 emissions at approximately 55,767,391,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve net zero greenhouse gas emissions across all scopes by 2050. Additionally, MOL plans to reduce absolute gross Scope 1 and 2 emissions by 20% by 2030, using 2019 as the baseline year. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability and emissions reduction.
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Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 106,198,000,000 | 000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mol is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
