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MOL Magyar Olaj es Gazipari Nyrt

Common Name
MOL Magyar Olaj es Gazipari
Country
Hungary
Sector
Energy
Industry
Oil & Gas Integrated
Employees
24,912
Ticker
MOL
Exchange
Budapest Stock Exchange
Website
mol.hu
Description
MOL Hungarian Oil and Gas Public Limited Company is a multinational integrated oil and gas company headquartered in Budapest, Hungary. Established in 1991 through the merger of former state-owned enti...

MOL Magyar Olaj es Gazipari's Climate Target Data Preview

As of 2025, MOL Magyar Olaj es Gazipari has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into MOL Magyar Olaj es Gazipari's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-25%a
2030
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
-5%a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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a. MOL Magyar Olaj es Gazipari's Integrated Report 2025

Insights into MOL Magyar Olaj es Gazipari's Greenhouse Gas Emissions Pathways

As of 2025, MOL Magyar Olaj es Gazipari has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does MOL Magyar Olaj es Gazipari have a target to reduce the emissions from its operations?

As of 2025, MOL Magyar Olaj es Gazipari has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

MOL Magyar Olaj es Gazipari's most ambitious operational target is to reduce these emissions by 25% by 2030, compared to a baseline of 7,630,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

Instead of reducing operational emissions, MOL Magyar Olaj es Gazipari has increased them, with 2025 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.a

MOL Magyar Olaj es Gazipari's Operational (Scope 1+2) Emissions Pathway

20192025203002 M4 M6 M8 MCurrent (+1%)Target 2030 (-25%)

Does MOL Magyar Olaj es Gazipari have a target to reduce the emissions from its value chain?

As of 2025, MOL Magyar Olaj es Gazipari has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

MOL Magyar Olaj es Gazipari's most ambitious value chain target is to reduce these emissions by 5% by 2030, compared to a baseline of 56,700,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.a

Instead of reducing value chain emissions, MOL Magyar Olaj es Gazipari has increased them, with 2025 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.a

MOL Magyar Olaj es Gazipari's Value Chain (Scope 3) Emissions Pathway

202220252030015 M30 M45 M60 MCurrent (+1%)
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