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 25 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Omv Petrom's reported carbon emissions
In 2023, OMV Petrom reported total carbon emissions of approximately 34,000,000 kg CO2e for Scope 1, 6,000,000 kg CO2e for Scope 2, and about 95,600,000 kg CO2e for Scope 3 emissions. This reflects a continued commitment to monitoring and managing their carbon footprint across various operational scopes. Over the years, OMV Petrom has demonstrated a focus on reducing emissions, with significant figures noted in previous years. For instance, in 2022, the company recorded approximately 39,000,000 kg CO2e for Scope 1, 9,000,000 kg CO2e for Scope 2, and around 92,200,000 kg CO2e for Scope 3 emissions. The trend indicates a gradual reduction in Scope 1 emissions from 4,600,000 kg CO2e in 2018 to 3,400,000 kg CO2e in 2023. Despite the absence of specific reduction targets or initiatives disclosed, OMV Petrom's emissions data suggests an ongoing effort to enhance carbon efficiency. The company has not publicly committed to any specific climate pledges or SBTi (Science Based Targets initiative) reduction targets, indicating a potential area for future development in their sustainability strategy. Overall, OMV Petrom's emissions profile highlights the importance of transparency and accountability in addressing climate change within the energy sector, particularly in Romania (RO).
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| 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 |
| Scope 2 | 60,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 4,360,000,000 | - | 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 committed to any 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.
