Strategy Targets 2025
Sustainability Commitments and Targets
Health, Safety, Security, and Environment (HSSE)
Commitments
- Health, safety, security, and protection of the environment have the highest priority in all activities.
- Proactive risk management is essential for realizing OMV’s HSSE Vision of “ZERO harm – NO losses.”
Carbon Efficiency
Scope 1Emissionsin Operated Assets
Status 2020
Absolute emissions: 77,900 t CO2e reduced in 2020 through concrete emissions reduction initiatives
Scope 1Flaring and Venting
Status 2020
Volume of gas routinely flared decreased from 501 mn m3 in 2019 to 462 mn m3 in 2020
Scope 3Carbon Intensityof Product Portfolio
Status 2020
61%
in 2020 5 Nearly all major oil products impacted negatively in 2020 due to COVID-19. Read more about the impact of COVID-19 on OMV's 2020 business in the Annual Report.
Commitments
- OMV focuses on improving the carbon efficiency of its operations and product portfolio.
- OMV is fully committed to acting on climate change mitigation and responsible resource management.
- OMV aims for net-zero operations by 2050 or sooner.
Innovation
ReOil®
Status 2020
250t
Over 250 t of post-consumer plastics transformed into synthetic crude in 2020; ReOil® plant integrated in 24/7 operations of the refinery
Co-Processing
Status 2020
Basic engineering finalized for Schwechat refinery; process studies finalized for Petrobrazi refinery
Enhanced Oil Recovery (EOR)
Status 2020
130kboe
additional production in pilot project in Austria in 2020; pilot EOR project started in Romania, with an initial increase in the recovery rate and in production in 2020
Commitments
- OMV’s innovation efforts focus on optimizing production, exploring high-end petrochemical solutions, developing innovative energy solutions, and embracing digital technologies.
- Innovation is supported by investment and partnerships in research and development.
Employees
Commitments
- OMV is committed to building and retaining a talented expert team for international and integrated growth.
- OMV is committed to its diversity strategy with a focus on gender equality and internationality.
Business Principles and Social Responsibility
Business Ethics
Status 2020
496
Employees took part in face-to-face business ethics trainings
Human Rights
Status 2020
63%
of total employees trained by end of 2020; 80% of target group trained
Commitments
- OMV strives to uphold equally high ethical standards at all locations.
- OMV is a signatory to the United Nations (UN) Global Compact, is fully committed to the UN Guiding Principles on Business and Human Rights, and aims to contribute to the UN’s 2030 Agenda for Sustainable Development.