Omv Petrom
Omv Petrom S.A., a leading energy company in Romania, is headquartered in Bucharest and operates extensively across the country and in neighbouring regions. Founded in 1997, it has established itself as a key player in the oil and gas industry, focusing on exploration, production, refining, and distribution of petroleum products. With a commitment to sustainability, Omv Petrom offers a diverse range of services, including natural gas supply and renewable energy solutions, setting it apart in a competitive market. The company has achieved significant milestones, such as becoming the largest oil and gas producer in Romania, and is recognised for its innovative approaches to energy efficiency and environmental stewardship. As a prominent entity in the energy sector, Omv Petrom continues to drive advancements in energy production and distribution, reinforcing its market position.
DitchCarbon Score
How does Omv Petrom'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 Petroleum Coke 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 Petrom's score of 27 is higher than 66% 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 Petrom's reported carbon emissions
In 2023, OMV Petrom reported total carbon emissions of approximately 96,000,000,000 kg CO2e, with emissions distributed across various scopes: 3,400,000,000 kg CO2e from Scope 1, 60,000,000 kg CO2e from Scope 2, and a significant 95,600,000,000 kg CO2e from Scope 3. This data reflects a comprehensive approach to emissions reporting, including all three scopes. Comparatively, in 2022, the company recorded total emissions of about 23,030,000,000 kg CO2e in Scope 3, alongside 3,930,000,000 kg CO2e in Scope 1 and 88,000,000 kg CO2e in Scope 2. The emissions data for 2022 indicates a notable increase in Scope 3 emissions, which is a critical area for many companies in the energy sector. OMV Petrom's emissions data is cascaded from its parent company, OMV Aktiengesellschaft, which influences its sustainability initiatives and reporting practices. However, there are currently no specific reduction targets or climate pledges documented for OMV Petrom, indicating a potential area for future commitment. The company operates within a challenging industry context, where significant emissions reductions are essential for aligning with global climate goals. As a current subsidiary of OMV Petrom S.A., the company is expected to adhere to the broader sustainability strategies set forth by its parent organisation, which may include initiatives aimed at reducing carbon footprints and enhancing environmental performance.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,400,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 29,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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 Petrom is not participating in any 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.
