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OMV Sustainability strategy

At OMV, we have a long tradition of responsible behavior towards employees, the environment and society. Sustainability for OMV means creating long-term value for our customers and shareholders by being innovative and an employer of choice. We conduct our business in a responsible way, respecting the environment and adding value to the societies in which we operate.

Sustainability at OMV is embedded in the Group strategy and supports OMV’s delivery of:

  • Purpose: We are the energy – for a better life
  • Business reason: OMV produces and markets oil and gas, innovative energy and high-end petrochemicals solutions – in a responsible way
  • Principles: Accountability, Pioneering Spirit, Team Spirit, Passion and Performance

OMV concentrates its sustainability efforts on five focus areas:

  • Health, Safety, Security and Environment (HSSE): Health, safety, security and protection of the environment are key values of OMV. The integrity of OMV operating facilities, loss prevention and proactive risk management are essential to reaching OMV’s HSSE vision of “ ZERO harm – NO losses”.
  • Carbon Efficiency: OMV focuses on improving the carbon efficiency of its operations and product portfolio. OMV is fully committed to acting on climate change mitigation and responsible resource management, and has consequently set targets to manage and reduce the carbon footprint of its operations and product portfolio.
  • Innovation: OMV’s innovation efforts focus on optimizing production, exploring high-end petrochemical solutions, developing innovative energy and embracing digital technologies. Investment and partnerships in innovation, research and development are indispensable for long-term value creation.
  • Employees: Building and retaining a talented and competent team for international and integrated growth is a key enabler of the Group strategy. OMV is committed to its Group diversity strategy with focus on gender and internationality. 
  • Business Principles and Social Responsibility: OMV strives to uphold equally high compliance standards at all locations, and the Code of Conduct applies to all employees and suppliers. OMV is a signatory to the United Nations (UN) Global Compact, fully committed to the UN Guiding Principles on Business and Human Rights and aims to contribute to the UN’s 2030 Agenda for Sustainable Development.
     

Our public commitments
OMV is a signatory to the United Nations (UN) Global Compact and is fully committed to the UN Guiding Principles on Business and Human Rights. As an integrated oil and gas company with an international presence, through projects and initiatives we continue supporting the Sustainable Development Goals (SDGs) defined by the UN General Assembly in 2015. Our projects and Key Performance Indicators (KPIs) are assessed with regard to their contribution to the SDGs. OMV recognizes that climate change is one of the most important global challenges and acknowledges the goals set forth by the Paris Climate Change Agreement. As part of our carbon strategy, we have endorsed World Bank’s “Zero routine flaring by 2030” initiative to end the routine flaring and venting of associated gas during oil production by 2030.
 

Downloads:

Sustainability Report 2017 (PDF, 5,7 MB)
Code of Conduct (PDF, 8,0 MB)  
OMV Statement against modern slavery and human trafficking (PDF, 631,0 KB)  
Human Rights Policy Statement (PDF, 148,5 KB)
OMV Water Ambition Statement (PDF, 2,9 MB)
OMV Water Ambition Statement (PDF, 2,9 MB)

OMV Blog

OMV Water Ambition Statement (PDF, 2,9 MB)