OMV AG

Common Name
OMV
Country
Austria
Sector
Energy
Industry
Oil & Gas Integrated
Employees
23,463
Ticker
OMV
Exchange
WIENER BOERSE AG AMTLICHER HANDEL
Description
OMV Aktiengesellschaft is a leading international energy company based in Austria. As an integrated oil and gas corporation, OMV's primary function is the exploration, production, refining, and market...

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 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 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)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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)
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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
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2025
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted)
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2025
Intensity-based Target*
Scope 1 - Total
Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Sold
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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
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2030
Intensity-based Target*
Scope 1 - Total
Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Sold
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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
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2040
* 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'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.

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.

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 .

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

202420252030000.010.010.01BaselineCurrent (-85%)

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.

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.

As of 2024, OMV is ahead of schedule on its value chain emissions reduction target, having achieved 33.94% of the planned reduction.

OMV's Value Chain (Scope 3) Emissions Pathway

2019202420302040030 M60 M90 M120 MBaselineCurrent (-17%)Target 2040 (-50%)

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.

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.

As of 2024, OMV is lagging behind on its total carbon footprint reduction target, having achieved 2% of the planned reduction.

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

201920242030204000000Current (-1%)Target 2030 (-15%)Target 2040 (-50%)
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