OMV Petrom SA
OMV Petrom's Climate Target Data Preview
As of 2024, OMV Petrom has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 7 intensity-based target 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 OMV Petrom ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Not specified Unit of Energy from Unspecified Activities | Copy restricted. Please purchase to unlock this data.  b | 2025 |
Intensity-based Target* | Scope 1 - Total | Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Ton of Oil Equivalent (TOE) of Oil and Gas from Unspecified Activities | Copy restricted. Please purchase to unlock this data.  b | 2030 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities | Copy restricted. Please purchase to unlock this data. b | 2030 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Fuel Produced | Copy restricted. Please purchase to unlock this data.  b | 2030 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Not specified Unit of Energy from Unspecified Activities | Copy restricted. Please purchase to unlock this data. b | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold | Copy restricted. Please purchase to unlock this data. a | 2030 |
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Verified Sources Behind OMV Petrom’s Climate Targets Data
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Insights into OMV Petrom's Greenhouse Gas Emissions Pathways
As of 2024, OMV Petrom has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b
Does OMV Petrom have a target to reduce the emissions from its operations?
As of 2024, OMV Petrom has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b
OMV Petrom's most ambitious operational target is to reduce these emissions by 87.58% by 2025, compared to a baseline of 0.016 Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Produced in 2019. a b
As of 2024, OMV Petrom is ahead of schedule on its operational emissions reduction target, having achieved 91.48% of the planned reduction. a b
OMV Petrom's Operational (Scope 1+2) Emissions Pathway
Does OMV Petrom have a target to reduce its total carbon footprint?
As of 2024, OMV Petrom has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a
OMV Petrom's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 29,082,648 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 20% by 2030. a
As of 2024, OMV Petrom is on track to meet its total carbon footprint reduction target, having achieved 55.5% of the planned reduction. a