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 95,600,000,000 kg CO2e, with emissions distributed across all three scopes: 3,400,000,000 kg CO2e (Scope 1), 60,000,000 kg CO2e (Scope 2), and 95,600,000,000 kg CO2e (Scope 3). This marked a significant increase in emissions compared to 2022, where total emissions were about 23,030,000,000 kg CO2e (Scope 3), alongside 3,930,000,000 kg CO2e (Scope 1) and 88,000,000 kg CO2e (Scope 2). OMV Petrom's emissions data is cascaded from its parent company, OMV Aktiengesellschaft, reflecting a corporate family relationship. The company has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a lack of publicly disclosed commitments to reduce emissions at this time. The company continues to operate within the oil and gas sector, which is under increasing scrutiny for its environmental impact. As such, OMV Petrom's emissions profile and climate commitments are critical for stakeholders assessing its sustainability practices and alignment with global climate goals.
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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 | - | - | 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.
