People

As a signatory to the United Nations Global Compact, OMV 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 by pursuing a social investment strategy that addresses local needs and the UN Sustainable Development Goals (SDGs). We are aware that the energy transition also brings with it social impacts. OMV is committed to contributing to a Just Transition for our employees and communities and addressing the social and economic effects of the transition to an environmentally sustainable economy.

Our operations impact our employees and the communities where we operate. These impacts can be positive, for example employment opportunities, fostering local businesses, and infrastructure, as well as negative, for example competition for land use, dust production, privacy, and community dependence on the Company, among other things. Our social license to operate is based on upholding human and labor rights and developing positive relationships with our employees and communities.

We are committed to building and retaining a talented, sustainable expert team of employees for international and integrated growth to meet today’s challenges and adapt for tomorrow. OMV is committed to ensuring fair treatment and equal opportunities for all employees and has zero tolerance for discrimination and harassment of any kind. We embrace our differences and use our diversity of thought and experience as a catalyst for growth and creativity. With our People & Culture (P&C) Strategy, we are ensuring the transformation of the OMV Group will be a success by adapting our current ways to fit with our new aspirations. Building on our capability, we are reinventing how we lead and our way of working, and growing our network of experts, because “People make it happen.” In 2023, we introduced our new OMV Group Values “We care | We’re curious | We progress,” which will guide us on our path to a more sustainable future. Our values underpin our culture and signal what is important to us. Building a corporate culture based on these values will give us a competitive advantage, enable new and enhanced ways of working, and pave the way to becoming a net zero-company by 2050.

The People strategic focus area combines our commitments and actions relating to our employees and communities under one umbrella. Our approach begins with ensuring that the human rights of our employees, contractors and communities are upheld – efforts that are described in the “Human Rights” material topic. The “Diversity, Equity, and Inclusion,” “Employees,” and “Communities” material topics then further outline how we ensure those rights are realized, whether economic, social, or cultural.