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Strategy 2030

What’s in for the climate

In order to ensure OMV’s long-term sustainable success and serve the interests of all our stakeholders, we commit to becoming a net-zero company by no later than 2050. Our path towards climate neutrality provides emission reduction targets of 30% in operations (Scope 1 & 2) and 20% in the product portfolio (Scope 3) for 2030. Portfolio upgrades, enhancing efficiency, increasing renewable energy purchases, reducing throughput and sales of fossil refinery products, and increasing the share of recycled and sustainable feedstocks will be key levers to achieve our overall objective. 

OMV’s path to net zero by 2050

img_graphic_04_path_net_zero_EN

 

More information

Sustainabililty Targets & Commitments

Sustainabililty Targets & Commitments

Our Strategy 2030 is underpinned by this sustainability framework, with all business decisions being informed by our ambition to become a net-zero business. Within this sustainability framework, we have established five strategic focus areas: Climate Change; Natural Resources Management; Health, Safety & Security; People; and Ethical Business Practices.