Focus Areas
Creating lasting value, together
OMV’s understanding of sustainability is based on creating lasting value by balancing environmental, social, governance, and economic aspects. The company has defined goals and actions across most of its sustainability focus areas – Net-Zero Transformation, Health & Safety, Natural Resources Management, People & Their Human Rights, and Ethical Business Practices – with targets currently extending to 2030. Achieving this transformation will require collective effort, investment, and the dedication of employees, suppliers, and other stakeholders.
Net-Zero Transformation
OMV acknowledges climate change as one of today’s major challenges and recognizes its importance for the company’s business strategy. Under OMV’s Strategy 2030, we have established interim climate targets. We also identified key decarbonization levers, which are being implemented through our Climate Transition Plan with defined actions until 2030. The levers supporting this ambition include increasing the sales of products with a lower carbon footprint in OMV’s portfolio, increase in renewable energy purchases and the improvement of operational efficiency. Beyond 2030, future actions and investment decisions will be reviewed and updated as technologies, markets, and regulatory requirements evolve as part of OMV's pathway towards its net-zero ambition for 2050.
The well-being of our workers and workers in our value chain, as well as the protection of the environment, are integral to conducting our business responsibly. OMV applies a range of measures, including trainings, guidelines, and processes, to help provide a safe and healthy workplace and support the safety and reliability of our plants.
Health & Safety
Natural Resources Management
OMV aims to support the responsible use of natural resources and to manage the environmental impacts associated with its business activities. This includes applying internal policies, processes, and technical expertise to support resource efficiency, waste reduction, and circular economy practices where feasible.
OMV aims to support a just transition for its employees and affected communities by considering the social and economic effects of the transition in its activities. OMV also promotes diversity of thought and experience as part of its workplace culture and approach to addressing business challenges.
OMV is committed to respecting human rights in line with its policies and applicable standards. The company engages with communities near its operations and implements selected community development projects designed to support local needs.
People & Their Human Rights
Ethical Business Practices
OMV creates economic value in the countries where it operates and has set the expectation for itself to conduct its business responsibly and in line with ethical and legal requirements. OMV’s Code of Conduct, internal policies, and compliance processes set expectations for employees and business partners, including suppliers. These measures are designed to support fair and honest business conduct, respect for human rights in line with the UN Guiding Principles on Business and Human Rights, and compliance with applicable laws and best practices.