- War in Ukraine threatening regional security of supply
- Expensive financing of Europe's energy supply
- Economic slowdown in CEE region
- Government interventions in energy markets (margin caps, new taxes)
- Tightening of EU climate targets
- Narrowing of the Brent-Ural spread
- Significant decrease in petrochemical margins
- High energy prices
- Collapsing demand in European petrochemicals
- Intensifying import pressure due to global overcapacity in petrochemicals
MOL Hungarian Oil and Gas Public Limited Company (MOL Plc.)
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 6.1M tCO2e (2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 & 2 CO2 emissions by 10% since 2019 on a like-for-like basis
- Acquired the largest biogas plant in Hungary
- Waste management concession commenced in Hungary
- Geothermal licenses won in Hungary and Croatia
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve 25% less emissions in 2030 compared to 2019 for Scope 1 & 2 emissions (absolute terms)
- 30-40% of CAPEX budget allocated to low-carbon initiatives (2025-2030)
- Consumer Services EBITDA target of USD 1 billion by 2030
🔭 Long-term
- Net climate neutrality by 2050
🌱 ESG Focus Areas
Climate change and environmentHealth and safetyIntegrity and transparencyPeople & communitiesHuman rightsCommunity engagement