Targets
Intensity Targets
Carbon intensity of operations
–18%
Status 2021
Reduced carbon intensity of operations (Scope 1) vs. 2010
≥30%
Target 2025
Reduce carbon intensity of operations (Scope 1) by ≥30% vs. 2010
Carbon intensity of energy supply
–2.8%
Status 2021
Reduced carbon intensity of energy supply vs. 2019
≥20%
Target 2030
Reduce carbon intensity of energy supply by ≥20% vs. 2019
≥50%
Target 2040
Reduce carbon intensity of energy supply by ≥50% vs. 2019
Carbon intensity of the product portfolio
–5%
Status 2021
Reduced carbon intensity of product portfolio (Scope 3) vs. 2010
>6%
Target 2025
Reduce carbon intensity of product portfolio (Scope 3) by >6% vs. 2010
Methane intensity
0.6%
Status 2021
E&P methane intensity
0.2%
Target 2025
Achieve an E&P methane intensity of 0.2% or lower
0.1%
Target 2030
Achieve an E&P methane intensity of 0.1% or lower
Absolute Targets
Scope 1
0.53 mn t
Status 2021
reduced through concrete emissions reductions initiatives and divestments since 2020
Scope 1 and 2
–11%
Status 2021
Reduced Scope 1 and Scope 2 emissions vs. 2019
≥30%
Target 2030
Reduce Scope 1 and Scope 2 emissions by ≥30% vs. 2019
≥60%
Target 2040
Reduce Scope 1 and Scope 2 emissions by ≥60% vs. 2019
Scope 3
+2%
Status 2021
Increased Scope 3 emission vs. 2019
≥20%
Target 2030
Reduce Scope 3 emissions by ≥20% vs. 2019
≥50%
Target 2040
Reduce Scope 3 emissions by ≥50% vs. 2019
Flaring and Venting
0
Target 2030
Zero routine flaring and venting of associated gas as soon as possible, but no later than 2030
Key Actions:
- Phase out routine flaring and venting
- Conduct energy efficiency programs
- Run methane leakage and repair programs
- Purchase 100% renewable energy in C&M
- Decrease fossil fuels production and sales (reducing oil and gas production levels to below 400 kboe/d and reducing crude distillation throughput by 2.6 mn t)
- Grow production of renewable mobility fuels and sustainable chemical feedstocks to approximately 1.5 mn t annually, including producing and marketing at least 700 kt of sustainable aviation fuels annually
- Develop CCS storage capacity of around 5 mn t/year CO2 net to OMV by 2030 (thereof 2 mn t/year at OMV Petrom)
- Build up around 10 TWh of renewable energy production (including geothermal, PV, wind)
- Pursue uptake of green gases, such as biogas and H2, primarily from trading, in gas sales portfolio mix
Circular materials
91 kt
Status 2021
of circular material (recyclates and biobased material) sold via Borealis; production capacity of 100 kt established at Borealis
350 kta
Target 2025
Produce 350 kta recycled polyolefins
2,000 kta
Target 2030
Produce ~2,000 kta sustainable (includes recycled and biobased) polyolefins
Fossil resources
486 kboe/d
Status 2021
Production: 486 kboe/d; crude throughput: 15.7 mn t
400 kboe/d
Target 2030
Reduce natural resources use by reducing oil and gas production levels to below 400 kboe/d and by reducing crude distillation throughput by 2.6 mn t
Waste
68%
Status 2021
Waste recovery or recycling rate
Target 2025
Increase waste reuse and recycling from operations
Target 2030
Increase waste reuse and recycling from operations
Water withdrawal
332,901
Status 2021
megaliters of freshwater withdrawal
Target 2025
Reduce freshwater withdrawal
Target 2030
Reduce freshwater withdrawal
Key Actions:
- Build up capabilities for procurement of sustainable feedstocks (plastic waste and bio-feedstocks) for polyolefins
- Accelerate development of and scale advanced mechanical recycling business and chemical recycling business
- Develop and implement a sustainable product portfolio for biobased polyolefins
- Build up design for recycling and reuse businesses for polyolefins
- Optimize water management in operations
- Develop environmental targets
TRIR
1.0
Target 2025
Achieve a Total Recordable Injury Rate (TRIR) of around 1.0 per 1 mn hours worked
<1.0
Target 2030
Stabilize Total Recordable Injury Rate (TRIR) at below 1.0 per 1 mn hours worked
Fatalities
3
Status 2021
work-related fatalities
0
Target 2025
Achieve zero work-related fatalities
0
Target 2030
Achieve zero work-related fatalities
Process Safety
0.23
Status 2021
Process Safety Event Rate
Target 2025
Maintain leading position in Process Safety Event Rate
Target 2030
Maintain leading position in Process Safety Event Rate
Key Actions:
- Develop HSSE Strategy and annual HSSE plans
- Continue Borealis integration
- Safety Leadership Program and Safety Culture Program
- Continuously improve process safety management
- Learn from incidents
Women in management
20.9%
Status 2021
Share of women at management level
25%
Target 2025
Increase share of women at management level to 25%
30%
Target 2030
Increase share of women at management level to 30%
Women in executive management
26.7%
Status 2021
of Executive Board members are female
20%
Target 2030
Min. 20% of Executive Board members are female (stretch target: 30%)
International experience
71.8%
Status 2021
Share of executives with international experience
75%
Target 2025
Keep share of executives with international experience at min. 75%
75%
Target 2030
Keep share of executives with international experience at min. 75%
International management
60%
Status 2021
Share of international management
65%
Target 2030
Increase share of international management to 65%
Employee training
18
Status 2021
hours of annual learning
30
Target 2030
Increase average number of annual learning hours to a min. of 30 hours per employee
Disability support
Status 2021
Disability included in diversity, equity, and inclusion strategy
Target 2030
Increase support for employees with disabilities at our main locations
Human rights awareness
54%
Status 2021
OMV Group employees trained in human rights
100%
Target 2025
Train all OMV Group employees in human rights
Human rights due diligence
8
Status 2021
assessments conducted in the last 5 years
100%
Target 2030
Conduct human rights assessments and develop action plans for all OMV Group operations with a high level of human rights risks every 5 years
Community relations
7
Status 2021
out of 9 sites in Scope assessed
100%
Target 2025
Community Grievance Mechanism of all sites assessed against UN Effectiveness Criteria
Community investments
1.46%1 The reported net income attributable to stockholders of the parent in 2020 experienced significantly negative effects following the COVID-19 pandemic, reaching only EUR 1,258 mn. In 2021, OMV’s reported net income attributable to stockholders of the parent was EUR 2,093 mn. Strategic social investments totaled EUR 18.4 mn in 2021.
Status 2021
of Group investment directed toward social goals
1%
Target 2030
Direct at least 1% of Group investment per year toward social goals (based on previous year’s reported net income attributable to stockholders of the parent)
Key Actions:
- Establish a global DEI Board/Council
- Conduct regular global people and culture surveys
- Regularly report on gender-related salary equality
- Regularly report on age distribution to identify gaps and foster inter-generational collaboration
- Introduce a non-discrimination policy
- Improve support for working parents
- Improve support for employees with disabilities
- Introduce yearly learnings awards
- Provide employees with the ability to self-monitor their learning hours
- Roll out new leadership training and assessment to reinforce inclusive and growth mindset behavior
- Introduce mandatory human rights e-learning
- Integrate climate change and Just Transition into the Human Rights Management System
- Pursue a social investment strategy addressing the UN SDGs and reflecting a continued increase in social spending
Supplier evaluation
>80%
Target 2025
Be an active member of TfS and run sustainability evaluations for all suppliers covering >80% of procurement spend
90%
Target 2030
Extend sustainability evaluations to suppliers covering 90% of procurement spend
Carbon footprint of suppliers
137
Status 2021
suppliers engaged with
80%
Target 2025
Engage with suppliers covering 80% of procurement spend and assess their carbon footprint as a foundation to define and run joint low-carbon initiatives
Carbon footprint of suppliers
63%
Status 2021
of responding suppliers have a climate target in place
Target 2030
All suppliers covering >80% of procurement spend to have carbon reduction targets in place
Business ethics
16,020
Status 2021
employees in the OMV Group trained in business ethics
Target 2025
Promote awareness of ethical values and principles: conduct in-person or online business ethics trainings for all employees
Key Actions:
- Screen all suppliers against mandatory ESG criteria during supplier prequalification
- Foster the digital availability of compliance services and information, in particular by broadening the functions of the OMV Compliance app
- Operate a state-of-the-art compliance management system (verified and approved under IDW PS 980 standard in 2022)
Further details and definitions for each target can be found in the respective Focus Areas sections of the report.