Omv Sustainability Profile
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 82 is higher than 90% 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 156.7 billion kg CO2e, comprising 9.8 billion kg CO2e from Scope 1, about 1 billion kg CO2e from Scope 2, and approximately 95.4 billion kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of around 130.8 billion kg CO2e, with 9.3 billion kg CO2e from Scope 1, about 990 million kg CO2e from Scope 2, and approximately 103.9 billion kg CO2e from Scope 3. OMV has set ambitious climate commitments, aiming for a reduction of at least 30% in absolute Scope 1 and 2 emissions by 2030 compared to 2019 levels, and a further reduction of at least 60% by 2040. Additionally, the company targets a 20% reduction in the carbon intensity of energy supply by 2030. By 2050, OMV aims to achieve net-zero emissions across all scopes (1, 2, and 3). These commitments reflect OMV's strategy to transition towards sustainable fuels and materials, aligning with global climate goals. The data is sourced directly from OMV Aktiengesellschaft, ensuring accuracy and transparency in their emissions reporting and climate initiatives.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,600,000,000 | 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 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 700,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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 | 119,000,000,000 | 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 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Omv's Industry?
How Carbon Intensive is Omv's Location?
Omv's Scope 3 Categories Breakdown
Omv's Scope 3 emissions, which decreased by 8% last year and decreased by approximately 20% since 2011, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 84% of Scope 3 emissions.
Top Scope 3 Categories
Omv's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Omv has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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