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.
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.
Industry Benchmark
Omv's score of 77 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Omv's reported carbon emissions
In 2024, OMV reported total greenhouse gas emissions of approximately 156,676,573,000 kg CO2e, comprising 9,778,526,000 kg CO2e from Scope 1, 991,275,000 kg CO2e from Scope 2, and 95,362,239,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 130,809,954,000 kg CO2e, with Scope 1 emissions at 9,307,079,000 kg CO2e, Scope 2 emissions at 990,084,000 kg CO2e, and Scope 3 emissions at 103,850,767,000 kg CO2e. OMV has set ambitious climate commitments, aiming for net-zero emissions across all scopes (1, 2, and 3) by 2050. The company has also established interim targets, including a reduction of absolute Scope 1 and 2 emissions by at least 30% by 2030 and 60% by 2040, compared to 2019 levels. Additionally, OMV plans to reduce Scope 3 emissions by 20% by 2030 and aims to decrease the carbon intensity of its energy supply by 20% by the same year. The company has committed to reducing the carbon intensity of its operations (Scope 1) by at least 30% by 2025, relative to 2010 levels. OMV's strategy includes establishing carbon capture and storage (CCS) capacities of around 5 million tonnes per year by 2030 as a key measure to achieve its targets. OMV's emissions data and climate commitments are sourced from OMV Aktiengesellschaft, with no cascaded data from parent or related organizations. The company is actively working towards its sustainability goals, reflecting a strong commitment to addressing climate change and reducing its carbon footprint.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,100,000,000 | 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 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 300,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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 | 000,000,000,000 | 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.
Omv is participating in some 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.
