OMV Petrom SA

Common Name
OMV Petrom
Country
Romania
Sector
Energy
Industry
Oil & Gas Integrated
Employees
N/A
Ticker
SNP
Exchange
SPOT REGULATED MARKET

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Not specified Unit of Energy from Unspecified Activities
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2025
Intensity-based Target*
Scope 1 - Total
Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Produced
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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
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2030
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
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2030
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Fuel Produced
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2030
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Not specified Unit of Energy from Unspecified Activities
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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
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 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.

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.

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.

As of 2024, OMV Petrom is ahead of schedule on its operational emissions reduction target, having achieved 91.48% of the planned reduction.

OMV Petrom's Operational (Scope 1+2) Emissions Pathway

201920242025000.010.010.02BaselineCurrent (-80%)

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.

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.

As of 2024, OMV Petrom is on track to meet its total carbon footprint reduction target, having achieved 55.5% of the planned reduction.

OMV Petrom's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024203007.5 M15 M22.5 M30 MBaselineCurrent (-11%)
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