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 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 2024, 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)2024202320222021 - 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 2024
a. MOL Magyar Olaj es Gazipari's Financial & Extra-Financial Data Spreadsheet 2024
b. MOL Magyar Olaj es Gazipari's Financial & Extra-Financial Data Spreadsheet 2023
b. MOL Magyar Olaj es Gazipari's Financial & Extra-Financial Data Spreadsheet 2023

Insights into MOL Magyar Olaj es Gazipari's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of MOL Magyar Olaj es Gazipari amounted to 7,030,000 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 2023, the total operational greenhouse gas (GHG) emissions of MOL Magyar Olaj es Gazipari decreased by 3.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

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

20192020202120222023202402 M4 M6 M8 MtCO2e-1%-1%-2%0%-4%
  • Total Scope 1
  • Year-over-Year Change

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

In 2024, the total Scope 1 emissions of MOL Magyar Olaj es Gazipari were 6,380,000 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 7.94%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), MOL Magyar Olaj es Gazipari's Scope 1 emissions decreased by 3.92%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

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

In 2024, MOL Magyar Olaj es Gazipari reported Scope 2 greenhouse gas (GHG) emissions of 920,000 tCO₂e using the market-based method and 650,000 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 remained relatively stable, indicating that MOL Magyar Olaj es Gazipari 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), 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 2024, 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

2019202020212022202320240250 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 2024, MOL Magyar Olaj es Gazipari reported 56,538,921 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 2024 disclosure of MOL Magyar Olaj es Gazipari includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

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

201920202021202220232024015 M30 M45 M60 MtCO2e-8%+4%0%-2%+1%
  • Total Scope 3
  • Year-over-Year Change

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

In 2024, MOL Magyar Olaj es Gazipari reported total Scope 3 emissions of 56,538,921 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 3.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.26% 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 b

Compared to the previous year (2023), 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 2024, 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 2024, the largest contributors to MOL Magyar Olaj es Gazipari's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 52,430,648 tCO₂e (92.73%)
  • Purchased Goods and Services (Cat. 1): 1,854,922 tCO₂e (3.28%)
  • Processing of Sold Products (Cat. 10): 873,417 tCO₂e (1.54%)

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

Use of Sold Products(Cat. 11)(92.7%)Processing of SoldProducts (Cat. 10)(1.5%)Purchased Goods andServices (Cat. 1)(3.3%)

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

In 2024, MOL Magyar Olaj es Gazipari reported Scope 1 greenhouse gas (GHG) emissions of 6,380,000 tCO₂e and total revenues of USD 23,237 millions. This translates into an emissions intensity of 274.57 tCO₂e per millions USD. a

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

100,0001,000,00010,000,000100,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0005,000,000Revenues (Millions of USD)CHELLENiQ ENERGY HoldingsYear: 2024Scope 1: 3,976,553 tCO2eRevenue: $M 13,286Scope 1 Intensity: 299.29 tCO2e/$MSaudi Arabian OilYear: 2024Scope 1: 56,100,000 tCO2eRevenue: $M 479,692Scope 1 Intensity: 116.95 tCO2e/$MTransportadora de Gas del SurYear: 2023Scope 1: 3,066,506 tCO2eRevenue: $M 550Scope 1 Intensity: 5,579.68 tCO2e/$MShellYear: 2024Scope 1: 50,000,000 tCO2eRevenue: $M 209,933Scope 1 Intensity: 238.17 tCO2e/$MExxon MobilYear: 2024Scope 1: 91,000,000 tCO2eRevenue: $M 339,247Scope 1 Intensity: 268.24 tCO2e/$MBPYear: 2024Scope 1: 32,800,000 tCO2eRevenue: $M 139,575Scope 1 Intensity: 235.00 tCO2e/$MTotalEnergiesYear: 2024Scope 1: 33,000,000 tCO2eRevenue: $M 167,129Scope 1 Intensity: 197.45 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MPTTYear: 2024Scope 1: 40,500,000 tCO2eRevenue: $M 90,009Scope 1 Intensity: 449.96 tCO2e/$MOil and Natural GasYear: 2025Scope 1: 9,002,041 tCO2eRevenue: $M 71,272Scope 1 Intensity: 126.31 tCO2e/$MTatneft' Imeni V.D. ShashinaYear: 2021Scope 1: 7,720,000 tCO2eRevenue: $M 16,866Scope 1 Intensity: 457.72 tCO2e/$MGazpromYear: 2022Scope 1: 213,530,000 tCO2eRevenue: $M 167,009Scope 1 Intensity: 1,278.55 tCO2e/$MNational Fuel GasYear: 2023Scope 1: 1,590,047 tCO2eRevenue: $M 2,174Scope 1 Intensity: 731.47 tCO2e/$MGalp EnergiaYear: 2023Scope 1: 2,991,742 tCO2eRevenue: $M 22,986Scope 1 Intensity: 130.15 tCO2e/$MChevronYear: 2024Scope 1: 53,000,000 tCO2eRevenue: $M 193,414Scope 1 Intensity: 274.02 tCO2e/$MNeftyanaya Kompaniya RosneftYear: 2021Scope 1: 54,200,000 tCO2eRevenue: $M 109,431Scope 1 Intensity: 495.29 tCO2e/$MPetrobrasYear: 2024Scope 1: 46,800,000 tCO2eRevenue: $M 493,582Scope 1 Intensity: 94.82 tCO2e/$MPetroChinaYear: 2024Scope 1: 122,760,000 tCO2eRevenue: $M 402,568Scope 1 Intensity: 304.94 tCO2e/$MEdisonYear: 2024Scope 1: 6,100,000 tCO2eRevenue: $M 16,012Scope 1 Intensity: 380.97 tCO2e/$MCCCosmo Energy HoldingsYear: 2024Scope 1: 6,176,000 tCO2eRevenue: $M 18,024Scope 1 Intensity: 342.65 tCO2e/$MEquinorYear: 2024Scope 1: 8,331,465 tCO2eRevenue: $M 1,043,416Scope 1 Intensity: 7.98 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MOil IndiaYear: 2024Scope 1: 1,422,793 tCO2eRevenue: $M 3,893Scope 1 Intensity: 365.46 tCO2e/$MMOL Magyar Olaj es GazipariYear: 2024Scope 1: 6,380,000 tCO2eRevenue: $M 23,237Scope 1 Intensity: 274.57 tCO2e/$M

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

In 2024, MOL Magyar Olaj es Gazipari reported a Scope 1 emissions intensity of 274.57 tCO₂e per millions USD. Compared to the peer group median of 304.94 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, MOL Magyar Olaj es Gazipari ranked 11 out of 23 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 2024, MOL Magyar Olaj es Gazipari reported a total carbon footprint of 63,568,921 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.88% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to MOL Magyar Olaj es Gazipari's total carbon footprint was Scope 3 emissions, accounting for 88.94% of the company's total carbon footprint, followed by Scope 1 emissions at 10.04%. a

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