Material Topic: E4 Biodiversity and Ecosystems

Material Sub-topics: Direct impact drivers of biodiversity loss; Impacts on the state of species; Impacts on the extent and condition of ecosystems; Impacts and dependencies on ecosystem services

Mitigate impacts on biodiversity and ecosystems at or in the vicinity of all our projects and operations and aim to contribute to the objectives of the Global Biodiversity Framework (GBF) and the EU’s biodiversity strategy by preserving biodiversity and ecosystems

Relevant SDGs:

SDG 14 – life below water (icon)SDG 15 – life on land (icon)

The material impact and risk related to E4 Biodiversity and Ecosystems can be found in SBM-3 Material Impacts, Risks, and Opportunities and Their Interaction with Strategy and Business Model. This topic is governed centrally by Group HSSE, which is led by the VP HSSE, who reports directly to the CEO. HSSE departments at OMV Petrom and Borealis govern their respective issues and coordinate their local HSSE officers and experts.

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