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 63 is higher than 78% 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, with Scope 1 emissions at about 9,778,526,000 kg CO2e, Scope 2 emissions at approximately 991,275,000 kg CO2e (market-based), and Scope 3 emissions reaching about 95,362,239,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 30% reduction in absolute Scope 1 and 2 emissions by 2030 compared to 2019 levels, and a 60% reduction by 2040. Additionally, OMV is committed to achieving net-zero emissions across all scopes by 2050. OMV's climate strategy includes specific near-term goals, such as reducing the carbon intensity of operations (Scope 1) by at least 30% by 2025 compared to 2010 levels. The company also aims to establish carbon capture and storage (CCS) capacities of around 5 million tonnes per year by 2030 as a key measure to neutralise emissions. The emissions data and reduction targets are sourced from OMV Aktiengesellschaft, reflecting the company's commitment to sustainability and climate action.
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Access structured emissions data, company-specific emission factors, and source documents
| 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 | - | - | 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 |
| 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 | 00,000,000,000 | 00,000,000,000 | 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 increased by 808% 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.
