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OrganisationsMol
Mol logo

Mol

Liquefied Petroleum Gas (LPG)HungaryPNK: MGYOY
Last verified 5 months agomolgroup.info

MOL Group, a prominent player in the Liquefied Petroleum Gases (LPG) industry, is headquartered in Hungary (HU) and operates extensively across Central and Eastern Europe. Founded in 1991, the company has established itself as a leader in the energy sector, focusing on the production, distribution, and marketing of LPG and other petroleum products.

MOL's core offerings include high-quality liquefied petroleum gases, which are distinguished by their reliability and efficiency. The company has achieved significant milestones, including strategic acquisitions and expansions that have bolstered its market position. With a commitment to sustainability and innovation, MOL Group continues to enhance its services, making it a key player in the LPG market and a trusted partner for customers across the region.

66
DitchCarbon score

+38 vs industry average

Mol’s score of 66 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Liquefied Petroleum Gas (LPG) is among the most carbon-intensive industries

Industry performance

0.698
20182025

The Liquefied Petroleum Gas (LPG) industry has reduced its overall emissions by 23% since 2018

Emissions trajectory 2020 – 2028

00.0B00.0B00.0B00.0B0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Mol's reported carbon emissions

MOL, headquartered in Hungary and operating within the Liquefied Petroleum Gases (LPG) industry, reported approximately 70.24 billion kg CO2e in total emissions for the year 2025. This figure comprises approximately 7.19 billion kg CO2e of Scope 1 emissions, about 890 million kg CO2e of Scope 2 market-based emissions, and roughly 62.16 billion kg CO2e of Scope 3 emissions.

The company's commitment to climate action includes several reduction targets. MOL Group aims to achieve net zero greenhouse gas emissions across all scopes by 2050. More near-term targets include a 25% reduction in Scope 1 and 2 GHG emissions by 2030, compared to a 2019 baseline. Furthermore, MOL aims for a 30% reduction in Scope 3 GHG emissions from non-hydrocarbon produced products by 2030 (vs. 2019) and a 5% reduction in Scope 3 GHG emissions from sold products by 2030 (vs. 2022). The Upstream business division has a specific target to become net carbon neutral by 2030 for its Scope 1 and 2 emissions. In 2022, these Scope 1 and 2 emissions for the Upstream division accounted for approximately 1.02 million tonnes of CO2e. Earlier targets included reducing the CO2 intensity of operations in Upstream by 30% by the end of 2017.

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Mol’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

8 of 15 categories disclosed
Use of Sold Products92%
Purchased Goods & Services4%
Processing of Sold Products2%
End-of-Life Treatment1%
Investments1%
Upstream Transportation & Distribution0%
Capital Goods0%
Business Travel0%
Use of Sold Products92%
Purchased Goods & Services4%
Processing of Sold Products2%
End-of-Life Treatment1%
Investments1%
Upstream Transportation & Distribution0%
Capital Goods0%
Business Travel0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Mol logoMol
HULiquefied Petroleum Gas (LPG)
5 months ago
66
Royal Dutch Shell logoRoyal Dutch Shell
GBPetroleum Refineries
3 days ago
82
View
TotalEnergies logoTotalEnergies
FRPetroleum Refineries
4 days ago
73
View
Chevron logoChevron
USCrude Oil Extraction
5 days ago
34
View
Nk Rosneft Pao logoNk Rosneft Pao
RULiquefied Petroleum Gas (LPG)
5 days ago
30
View
Exxonmobil logoExxonmobil
USCrude Oil Extraction
5 days ago
29
View
Petrochina logoPetrochina
CNNatural Gas Extraction
5 days ago
16
View

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