MOL Magyar Olaj es Gazipari Nyrt

Common Name
MOL Magyar Olaj es Gazipari
Country
Hungary
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
25,370
Ticker
MOL
Exchange
BUDAPEST STOCK EXCHANGE
Website
mol.hu
Description
Mol Hungarian Oil and Gas Public Limited Company is a prominent, integrated oil and gas corporation headquartered in Budapest, Hungary. With operations spanning over 30 countries, the company manages ...

MOL Magyar Olaj es Gazipari's GHG Emissions Data Preview

In 2023, MOL Magyar Olaj es Gazipari completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

MOL Magyar Olaj es Gazipari has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind MOL Magyar Olaj es Gazipari’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore MOL Magyar Olaj es Gazipari’s data sources below and access millions more through our Disclosure Search.

a. MOL Magyar Olaj es Gazipari's Financial & Extra-Financial Data Spreadsheet 2023
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Insights into MOL Magyar Olaj es Gazipari's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MOL Magyar Olaj es Gazipari amounted to 7,250,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of MOL Magyar Olaj es Gazipari increased by 0.28%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

MOL Magyar Olaj es Gazipari's Scope 1 Emissions Over Time

2019202020212022202302 M4 M6 M8 MtCO2e-1%-1%-2%0%
  • Total Scope 1
  • Year-over-Year Change

What are MOL Magyar Olaj es Gazipari's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MOL Magyar Olaj es Gazipari were 6,640,000 metric tons of CO₂ equivalent (tCO₂e). a

Has MOL Magyar Olaj es Gazipari reduced its Scope 1 emissions over time?

Since 2019, MOL Magyar Olaj es Gazipari's Scope 1 emissions have decreased by 4.18%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), MOL Magyar Olaj es Gazipari's Scope 1 emissions remained relatively stable, indicating that MOL Magyar Olaj es Gazipari's emissions have plateaued with no significant change in its operational footprint. a

What are MOL Magyar Olaj es Gazipari's Scope 2 emissions?

In 2023, MOL Magyar Olaj es Gazipari reported Scope 2 greenhouse gas (GHG) emissions of 810,000 tCO₂e using the market-based method and 610,000 tCO₂e using the location-based method. a

Has MOL Magyar Olaj es Gazipari reduced its Scope 2 emissions over time?

Since 2019, MOL Magyar Olaj es Gazipari's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 12.86%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), MOL Magyar Olaj es Gazipari's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that MOL Magyar Olaj es Gazipari 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does MOL Magyar Olaj es Gazipari use for Scope 2 reporting?

In 2023, MOL Magyar Olaj es Gazipari reported its Scope 2 emissions using the market-based method and using the location-based method. a

MOL Magyar Olaj es Gazipari's Scope 2 Emissions Over Time

201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into MOL Magyar Olaj es Gazipari's Value Chain Emissions

In 2023, MOL Magyar Olaj es Gazipari reported 55,767,391 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of MOL Magyar Olaj es Gazipari includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

MOL Magyar Olaj es Gazipari's Scope 3 Emissions Over Time

20192020202120222023015 M30 M45 M60 MtCO2e-8%+4%0%-2%
  • Total Scope 3
  • Year-over-Year Change

What are MOL Magyar Olaj es Gazipari's Scope 3 emissions?

In 2023, MOL Magyar Olaj es Gazipari reported total Scope 3 emissions of 55,767,391 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 3.72% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.28% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has MOL Magyar Olaj es Gazipari reduced its Scope 3 emissions over time?

Since 2019, MOL Magyar Olaj es Gazipari's Scope 3 emissions have remained relatively stable, indicating that MOL Magyar Olaj es Gazipari 's emissions have plateaued with no significant change in its value chain footprint. a

Compared to the previous year (2022), MOL Magyar Olaj es Gazipari's Scope 3 emissions remained relatively stable, indicating that MOL Magyar Olaj es Gazipari 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does MOL Magyar Olaj es Gazipari disclose?

In 2023, MOL Magyar Olaj es Gazipari reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of MOL Magyar Olaj es Gazipari's Scope 3 emissions?

In 2023, the largest contributors to MOL Magyar Olaj es Gazipari's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 51,478,543 tCO₂e (92.31%)
  • Purchased Goods and Services (Cat. 1): 1,827,952 tCO₂e (3.28%)
  • Processing of Sold Products (Cat. 10): 1,005,048 tCO₂e (1.8%)

MOL Magyar Olaj es Gazipari's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(1.8%)Use of Sold Products(Cat. 11)(92.3%)Purchased Goods andServices (Cat. 1)(3.3%)

Insights into MOL Magyar Olaj es Gazipari’s GHG Emissions Intensity Compared to Industry Peers

In 2022, MOL Magyar Olaj es Gazipari reported Scope 1 greenhouse gas (GHG) emissions of 6,640,000 tCO₂e and total revenues of USD 26,328 millions. This translates into an emissions intensity of 252.21 tCO₂e per millions USD. a

MOL Magyar Olaj es Gazipari's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)5002,00020,000100,000500,000Revenues (Millions of USD)FLuberefYear: 2023Scope 1: 1,102,695 tCO2eRevenue: $M 2,530Scope 1 Intensity: 435.80 tCO2e/$MQatar FuelYear: 2023Scope 1: 16,675 tCO2eRevenue: $M 7,674Scope 1 Intensity: 2.17 tCO2e/$MFFFormosa PetrochemicalYear: 2023Scope 1: 24,004,680 tCO2eRevenue: $M 23,228Scope 1 Intensity: 1,033.42 tCO2e/$MTurkiye Petrol RafinerileriYear: 2023Scope 1: 6,503,635 tCO2eRevenue: $M 23,236Scope 1 Intensity: 279.90 tCO2e/$MViva Energy GroupYear: 2023Scope 1: 997,508 tCO2eRevenue: $M 17,457Scope 1 Intensity: 57.14 tCO2e/$MMotor Oil HellasYear: 2023Scope 1: 2,075,992 tCO2eRevenue: $M 14,739Scope 1 Intensity: 140.85 tCO2e/$MSinopec Shanghai PetrochemicalYear: 2023Scope 1: 8,731,800 tCO2eRevenue: $M 13,088Scope 1 Intensity: 667.18 tCO2e/$MPetronet LNGYear: 2024Scope 1: 264,695 tCO2eRevenue: $M 6,227Scope 1 Intensity: 42.51 tCO2e/$MIRPCYear: 2023Scope 1: 3,160,000 tCO2eRevenue: $M 9,267Scope 1 Intensity: 341.01 tCO2e/$MMarathon PetroleumYear: 2023Scope 1: 33,000,000 tCO2eRevenue: $M 148,379Scope 1 Intensity: 222.40 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$MPetro RabighYear: 2021Scope 1: 4,771,823 tCO2eRevenue: $M 12,154Scope 1 Intensity: 392.61 tCO2e/$MIndian OilYear: 2024Scope 1: 22,000,000 tCO2eRevenue: $M 92,675Scope 1 Intensity: 237.39 tCO2e/$MDelek US HoldingsYear: 2023Scope 1: 2,700,000 tCO2eRevenue: $M 16,917Scope 1 Intensity: 159.60 tCO2e/$MUltrapar ParticipacoesYear: 2023Scope 1: 43,433 tCO2eRevenue: $M 25,989Scope 1 Intensity: 1.67 tCO2e/$MAmpolYear: 2023Scope 1: 683,969 tCO2eRevenue: $M 21,762Scope 1 Intensity: 31.43 tCO2e/$MS-OilYear: 2023Scope 1: 7,925,000 tCO2eRevenue: $M 27,959Scope 1 Intensity: 283.45 tCO2e/$MThai OilYear: 2023Scope 1: 3,376,163 tCO2eRevenue: $M 13,343Scope 1 Intensity: 253.03 tCO2e/$MMOL Magyar Olaj es GazipariYear: 2022Scope 1: 6,640,000 tCO2eRevenue: $M 26,328Scope 1 Intensity: 252.21 tCO2e/$M

How does MOL Magyar Olaj es Gazipari's GHG emissions intensity compare to its peers?

In 2022, MOL Magyar Olaj es Gazipari reported a Scope 1 emissions intensity of 252.21 tCO₂e per millions USD. Compared to the peer group median of 229.9, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does MOL Magyar Olaj es Gazipari rank on GHG emissions intensity within its industry?

In 2022, MOL Magyar Olaj es Gazipari ranked 11 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

MOL Magyar Olaj es Gazipari is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into MOL Magyar Olaj es Gazipari's Total Carbon Footprint

In 2023, MOL Magyar Olaj es Gazipari reported a total carbon footprint of 63,017,391 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.43% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to MOL Magyar Olaj es Gazipari's total carbon footprint was Scope 3 emissions, accounting for 88.5% of the company's total carbon footprint, followed by Scope 1 emissions at 10.54%. a

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