MOL Magyar Olaj es Gazipari Nyrt

Common Name
MOL Magyar Olaj es Gazipari
Country
Hungary
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
24,957
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)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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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 tCOâ‚‚e using the market-based method, and 610,000 tCOâ‚‚e using the location-based method.

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.

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

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

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

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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