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.
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.
Mean score of companies in the 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.
Mol's score of 33 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MOL reported total carbon emissions of approximately 66,400,000 kg CO2e for Scope 1, 810,000 kg CO2e for Scope 2 (market-based), and about 55,767,391,000 kg CO2e for Scope 3 emissions. This reflects a continued commitment to monitoring and managing their carbon footprint across various scopes of emissions. MOL has not specified any formal reduction targets or initiatives in their recent disclosures. However, they have consistently reported their emissions data, indicating a level of transparency in their climate commitments. The company has also provided emissions intensity metrics, such as a carbon dioxide intensity of 610 kg CO2e for downstream sites in 2023, which can serve as a benchmark for future performance. Overall, while MOL has not outlined specific reduction targets, their ongoing emissions reporting suggests an awareness of their environmental impact and a potential commitment to future improvements in sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
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 |
Scope 2 | - | - | 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 |
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 committed to some reduction initiatives 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.