Targets & Commitments
We aim to contribute to a lower-carbon, more resource-efficient future by considering environmental, social, and governance topics in our business activities and decision-making.
To support this direction, OMV’s Strategy 2030 reflects sustainability and circular economy principles and provides the basis for the OMV Sustainability Framework. Under this strategy, OMV has established interim climate targets and identified key decarbonization levers, which are being implemented through its Climate Transition Plan with defined actions until 2030. 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 toward its net-zero ambition for 2050. Our Sustainability Framework is structured around three pillars: Environmental, Social, and Governance (ESG). Within this framework, we have established five strategic focus areas: Net-Zero Transformation; Natural Resources Management; Health & Safety; People & Their Human Rights; and Ethical Business Practices. For most of these focus areas, we have defined targets and actions for 2030. Each year, we report on actions for and progress made toward these targets in our Sustainability Statement.