- Significant decrease in fossil fuels and natural gas sales required to meet climate targets
- Need for neutralization measures such as CCS to achieve net-zero emissions
- Supply chain disruptions
- Water stress in some operating areas
- Risk of oil spills
- Risk of process safety incidents
- Maintaining high ethical standards in diverse operating environments
OMV Aktiengesellschaft
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.
Water Usage
154.6K megaliters
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 145 mn t CO2e |
| 2019 | 10.6 mn t CO2 equivalent (Scope 1) |
| 2016 | 11 mn t CO2 equivalent |
| 2014 | 12.8 mn t CO2 equivalent (Scope 1) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Carbon intensity of operations reduced by 20% vs. 2010
- 0.70 mn t of CO2e reduced through concrete emissions reduction initiatives and divestments vs. 2020
- Scope 1 and 2 emissions reduced by 25% vs. 2019
- Volume of gas routinely flared and vented decreased from 240 mn m3 in 2022 to 53 mn m3 in 2023
- Waste recovery or recycling rate: 74%
- Energy efficiency measures implemented at our three refineries in 2023 have made it possible to achieve an annual reduction of more than 27.5 kt CO2e and energy savings of 654 TJ.
- Borealis increased the share of renewable energy consumed from 28% in 2022 to approximately 38% in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon intensity of operations (Scope 1) ≥30% vs. 2010
- Achieve at least 1 mn t of CO2 reductions in 2020–2025 from operated assets
- Achieve an E&P methane intensity of 0.2% or lower
📅 Medium-term
- Reduce absolute Scope 1 and 2 emissions by ≥30% vs. 2019
- Reduce absolute Scope 3 emissions by ≥20% vs. 2019
- Reduce carbon intensity of energy supply by ≥20% vs. 2019
- Establish production capacity of 600 kta sustainable polyolefins and other chemicals
- Achieve an E&P methane intensity of 0.1% or lower
🔭 Long-term
- Reduce absolute Scope 1 and 2 emissions by ≥60% vs. 2019
- Reduce absolute Scope 3 emissions by ≥50% vs. 2019
- Reduce carbon intensity of energy supply by ≥50% vs. 2019
- Establish production capacity of approximately 2,000 kta sustainable polyolefins and other chemicals
- Increase share of women at management level to 30%
🌱 ESG Focus Areas
Climate ChangeNatural Resources ManagementHealth, Safety, and SecurityPeopleEthical Business Practices