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 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 2 is lower than 90% 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
As of the latest available data, Omv Petrom's carbon emissions for the year 2020 were approximately 4,039,000,000 kg CO2e for Scope 1 emissions, 94,000,000 kg CO2e for Scope 2 emissions, and 24,740,000,000 kg CO2e for Scope 3 emissions. This indicates a significant reliance on upstream activities, as evidenced by the high Scope 3 emissions. In previous years, emissions have shown variability, with Scope 1 emissions recorded at about 3,990,000,000 kg CO2e in 2019 and 4,240,000,000 kg CO2e in 2018. Scope 2 emissions were approximately 45,000,000 kg CO2e in 2019 and 80,000,000 kg CO2e in 2018, while Scope 3 emissions were around 26,060,000,000 kg CO2e in 2019 and 23,240,000,000 kg CO2e in 2018. Despite these figures, Omv Petrom has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the industry context, particularly as global pressure mounts for companies to align with climate goals. Overall, while Omv Petrom's emissions data reflects substantial outputs, the lack of defined reduction strategies may hinder their progress towards sustainable practices in the energy sector.
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Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|
| Scope 1 | 12,200,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 108,000,000,000 | 000,000,000,000 | 000,000,000,000 | 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.
