Mol

Mol, headquartered in Hungary and operating in the Liquefied Petroleum Gases (LPG) industry, reported total emissions of approximately 70.24 billion kg CO2e in 2025. This includes about 7.19 billion kg CO2e from Scope 1 emissions, approximately 890 million kg CO2e from Scope 2 market-based emissions (or approximately 560 million kg CO2e from location-based), and about 62.16 billion kg CO2e from Scope 3 emissions. Key Scope 3 categories in 2025 included approximately 57.3 billion kg CO2e from the use of sold products and about 2.4 billion kg CO2e from purchased goods and services.

In 2024, Mol's total emissions were approximately 63.84 billion kg CO2e, comprising about 6.38 billion kg CO2e in Scope 1, approximately 920 million kg CO2e in Scope 2 market-based emissions (or approximately 650 million kg CO2e from location-based), and approximately 56.54 billion kg CO2e in Scope 3. For 2023, the company reported total emissions of approximately 63.22 billion kg CO2e, with around 6.64 billion kg CO2e in Scope 1, approximately 810 million kg CO2e in Scope 2 market-based emissions (or approximately 610 million kg CO2e from location-based), and approximately 55.77 billion kg CO2e in Scope 3.

Mol has set several climate commitments:

• The Upstream business division aims to achieve net carbon neutrality for Scope 1 and 2 emissions by 2030, based on 2022 levels which were 1.02 million tonnes of CO2e.
• Mol Group aims for net zero emissions across all scopes by 2050.
• A near-term target is to decrease absolute gross Scope 1 and 2 GHG emissions by 25% by 2030, compared to a 2019 baseline. Another target indicates a 20% reduction in Scope 1 and 2 GHG emissions by 2030 from a 2019 base value.
• Mol targets a 30% reduction in its Scope 1 emissions by 2030 from a 2020 baseline and a 30% reduction in its Scope 2 emissions by 2030 from a 2020 baseline.
• The company also aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade (2025).
• For Scope 3 downstream emissions, Mol targets a 5% reduction in GHG emissions from the use-phase of sold energy products (Category 11: Use of sold products) by 2030, compared to 2022.
• Additionally, there's a target for a 30% reduction in Scope 3 GHG emissions from non-hydrocarbon produced products by 2030, compared to 2019.
• An older target from 2015 aimed to reduce the CO2 intensity of Upstream operations by 30% by the end of 2017 (in tonnes CO2/toe).

All disclosed emissions data originates from MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság itself, as there is no cascading of data from a parent organisation.