Public Profile

Omv

OMV Aktiengesellschaft, commonly known as OMV, is a leading integrated oil and gas company headquartered in Austria (AT). Founded in 1956, OMV has established a strong presence in Central and Eastern Europe, with significant operations in Romania, Germany, and Hungary. The company operates across various sectors, including exploration and production, refining, and marketing of petroleum products. OMV is renowned for its commitment to sustainability and innovation, offering a diverse range of products such as fuels, lubricants, and petrochemicals. Its strategic focus on renewable energy and efficient resource management sets it apart in the competitive energy market. With a robust market position, OMV has achieved notable milestones, including significant investments in renewable energy projects, reinforcing its role as a key player in the transition to a sustainable energy future.

DitchCarbon Score

How does Omv'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.

38

Industry Average

Mean score of companies in the Chemicals 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.

14

Industry Benchmark

Omv's score of 38 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Omv's reported carbon emissions

In 2023, OMV, headquartered in Austria, reported total carbon emissions of approximately 133,000,000,000 kg CO2e. This figure includes 10,000,000,000 kg CO2e from Scope 1 emissions, 700,000,000 kg CO2e from Scope 2 emissions, and a significant 123,300,000,000 kg CO2e from Scope 3 emissions, which encompass indirect emissions from the value chain. OMV has demonstrated a commitment to addressing climate change, although specific reduction targets have not been disclosed. The company has not outlined any science-based targets or specific climate pledges, indicating a potential area for future development in their sustainability strategy. Historically, OMV's emissions have shown fluctuations, with Scope 1 emissions peaking at 12,400,000,000 kg CO2e in 2019 and 2020, while Scope 3 emissions reached a high of 114,500,000,000 kg CO2e in 2019. The company has acknowledged the importance of reducing its carbon footprint and is likely to focus on enhancing its sustainability initiatives moving forward.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
Scope 1
12,200,000,000
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
Scope 2
-
00,000,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
112,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Omv's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Omv is headquartered in AT, which has a rank of very low, indicating very low grid carbon 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.

Omv 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers