OMV AG
OMV's Climate Target Data Preview
As of 2024, OMV has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 6 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 ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12) | 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 | 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 | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2040 |
Absolute-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2040 |
Intensity-based Target* | Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Ton of Oil Equivalent (TOE) of Energy Sold | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted) | Copy restricted. Please purchase to unlock this data. a | 2025 |
Intensity-based Target* | Scope 1 - Total | Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Sold | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas Sold | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 1 - Total | Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Sold | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas Sold | Copy restricted. Please purchase to unlock this data. a | 2040 |
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Verified Sources Behind OMV’s Climate Targets Data
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Insights into OMV's Greenhouse Gas Emissions Pathways
As of 2024, OMV has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a
Does OMV have a target to reduce the emissions from its operations?
As of 2024, OMV has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
OMV's most ambitious operational target is to reduce these emissions by 92.31% by 2030, compared to a baseline of 0.013 Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Sold in . a
OMV's Operational (Scope 1+2) Emissions Pathway
Does OMV have a target to reduce the emissions from its value chain?
As of 2024, OMV has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
OMV's most ambitious value chain target is to reduce these emissions by 50% by 2040, compared to a baseline of 114,857,247 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2024, OMV is ahead of schedule on its value chain emissions reduction target, having achieved 33.94% of the planned reduction. a
OMV's Value Chain (Scope 3) Emissions Pathway
Does OMV have a target to reduce its total carbon footprint?
As of 2024, OMV has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a
OMV's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas Sold in 2019, by 50% by 2040. a
As of 2024, OMV is lagging behind on its total carbon footprint reduction target, having achieved 2% of the planned reduction. a