Omv

OMV, an Austrian-headquartered company in the Crude Petroleum Extraction industry, has reported its climate commitments and carbon emissions.

In 2024, OMV reported approximately 9,778,526,000 kg CO2e in Scope 1 emissions, around 991,275,000 kg CO2e in market-based Scope 2 emissions, and approximately 145,906,773,000 kg CO2e in Scope 3 emissions.

OMV has set ambitious climate targets, aiming to achieve net-zero emissions across Scope 1, 2, and 3 by 2050 or sooner. The company also targets an absolute reduction of Scope 1 and 2 emissions by at least 30% by 2030 and 60% by 2040, against a 2019 baseline. Furthermore, OMV is committed to reducing absolute Scope 3 emissions by at least 20% by 2030 and 50% by 2040, also compared to 2019. The company also aims to reduce the carbon intensity of its operations (Scope 1) by at least 30% by 2025 against a 2010 baseline, and to reduce the carbon intensity of its energy supply (Scope 2) by at least 20% by 2030 against a 2019 baseline.