OMV AG

Integrated Oil & Gas
OMV.VI
€ 49 1.9
Share price
$ 17 bn
Market Cap
$ 29 bn
Enterprise Value

Carbon footprint

498 Ton
GHG emissions per $ 1 mln investment
18x the weighted average for S&P 500
FY2021
How is this calculated?
+29%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-5.1%
Proj. YOY change in GHG emissions (Scope 1 + 2)
In line with the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

OMV AG aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2020


This target has not been verified as science based according to SBTi
OMV AG's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2022
How is this calculated?

OMV AG aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
OMV AG's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

OMV AG's GHG emissions (market-based) (Kt of CO2e)
OMV AG's Carbon intensity (Tons per 1 USDm)

OMV AG's carbon footprint

OMV AG reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 14,200 Kt (+3,200/+29% y-o-y). At the sime time, carbon intensity tumbled to 365 t (-203 /-35.7% y-o-y).

OMV AG's Scope 3 emissions surged to 156,400 Kt (+38,400/+33% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2020, which translates into the estimated reduction of -722 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -5,883 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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