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.

46

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.

6

Industry Benchmark

Omv's score of 46 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Omv's reported carbon emissions

In 2023, OMV, headquartered in Austria (AT), reported total carbon emissions of approximately 123,300,000,000 kg CO2e, with emissions distributed across various scopes: 10,000,000,000 kg CO2e (Scope 1), 700,000,000 kg CO2e (Scope 2), and 123,300,000,000 kg CO2e (Scope 3). This reflects a significant reliance on Scope 3 emissions, which encompass indirect emissions from the value chain, including the use of sold products and upstream transportation. Over the years, OMV has shown fluctuations in its emissions. For instance, in 2022, the company emitted about 133,600,000,000 kg CO2e, with Scope 1 and Scope 2 emissions at 11,700,000,000 kg CO2e and 900,000,000 kg CO2e, respectively. The trend indicates a complex challenge in managing emissions, particularly in Scope 3, which has consistently represented the largest portion of their total emissions. Despite the substantial emissions figures, OMV has not publicly committed to specific reduction targets or initiatives as per the latest data. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy and commitments to mitigate carbon emissions effectively. As the energy sector increasingly prioritises sustainability, OMV's future actions will be critical in aligning with global climate goals.

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Add to project
2015201620172018201920202021202220232025
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
0,000,000,000
Scope 2
-
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000
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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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