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Sustainable development

OMV Publishes 16th Sustainability Report

Strategic Insights

— 1 min read

OMV, an integrated international oil, gas, and chemicals company, has published its 16th sustainability report, emphasizing its commitment to producing and marketing oil, gas, and chemical products in a responsible manner. The report highlights OMV's contributions to the energy transition, circular economy, and the United Nations Sustainable Development Goals, as well as its management of the ongoing COVID-19 pandemic. The report is prepared in accordance with the Global Reporting Initiative (GRI) standards and the Austrian Sustainability and Diversity Improvement Act (NaDiVeG).

Key Takeaways:

  • OMV's sustainability report focuses on the company's contributions to the energy transition, circular economy, and the United Nations Sustainable Development Goals.
  • The report highlights OMV's efforts in managing the ongoing COVID-19 pandemic and its impact on the company's operations.
  • OMV has set measurable targets for reducing carbon intensity, supporting the transition to a lower-carbon economy.
  • The company operates three refineries in Europe, owns a 15% share in ADNOC Refining and ADNOC Global Trading, and runs gas storage facilities in Austria and Germany.
  • In 2020, OMV's total natural gas sales volumes amounted to around 164 TWh.
  • The company has a strong base in Central and Eastern Europe as well as a balanced international portfolio, with Middle East & Africa, the North Sea, Russia, and Asia-Pacific as core regions.
  • Daily average production was 463,000 boe/d in 2020, with an emphasis on natural gas.
  • OMV supports a circular economy and has developed innovative solutions for reducing waste and promoting recycling.

Statistics:

  • Group sales revenues: EUR 17 bn (2020)
  • Workforce: around 25,000 employees (2020, incl. Borealis)
  • Refinery processing capacity: over 500,000 bbl/d
  • Filling stations: 2,100
  • Gas storage facilities: operated in Austria and Germany
  • Total natural gas sales volumes: 164 TWh (2020)
  • Daily average production: 463,000 boe/d (2020)
  • Core regions: Middle East & Africa, the North Sea, Russia, and Asia-Pacific

Sources:

  • OMV Copyright 2017 Contify.com
  • OMV sustainability report 2020 (https://reports.omv.com/en/sustainability-report/2020/)
  • Global Reporting Initiative (GRI) standards
  • Austrian Sustainability and Diversity Improvement Act (NaDiVeG)

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