The OMV Petrom Group’s HSSE Directive establishes principles and rules for environmental management and serves as the framework for managing HSSE topics. This aligns with our HSSE Policy and vision of “ZERO harm – NO losses.”
Additionally, the Environmental Management Standard is in place to further support the OMV Petrom Group’s commitment to minimizing the impact along the value chain, by establishing key responsibilities. An Environmental Management System (EMS) consistent with ISO 14001 and minimum requirements listed including energy use, air emissions, GHG and climate change, water, waste, and biodiversity management are included in the standard. Our Environmental Management System, certified according to ISO 14001, covers around 53.85% of OMV Petrom Group’s sites. Certified operations in accordance with ISO 14001 in 2022 included:
- OMV Petrom S.A., E&P Business Division, Gas Pipeline Management System, Workover and Drilling Management System
- OMV Petrom S.A., R&M Business Unit: Petrobrazi Refinery, fuel Storages and Petrom City
- OMV Petrom Marketing S.R.L. (OMV branded filling stations), OMV Bulgaria OOD and OMV Srbija DOO, R&M Business Unit: Petrobrazi
- OMV Petrom S.A., G&P Business Unit: CCPP Brazi, gas and power supply activities
The OMV Petrom Group Environmental Management Standard, as approved by the Executive Board, stipulates the assessment of environmental impacts and risks and adherence to environmental performance requirements in terms of energy use, emissions into the atmosphere, water use and discharge, the use of raw materials, waste management, hazardous substance handling, and biodiversity and ecosystem protection. Prior to new operational activities or new country entries, environmental risk assessments are performed. This includes evaluations of local legislation and the potential impact of our activities on sensitive and protected areas, as well as the effects on endangered species. Additionally, environmental and Social Impact Assessments (ESIAs) for new developments are submitted to the local regulator or lender (whichever is applicable) for review, public disclosure, and approval. An Environmental and Social Management Plan is prepared to include preventive and mitigation measures as well as the monitoring program.
Strategic risks and opportunities are assessed in a top-down process, while a bottom-up process is also in place with a standardized methodology to assess both physical and legal compliance risks in our operations. The resulting environmental risk database includes information on existing controls for environmental risks and future actions required, which include environmental communication through events, awareness campaigns and round tables. Environmental risks and opportunities include regulatory, operational, reputational, and financial drivers, managed as part of OMV Petrom’s EWRM processes, described in the Risk Management section. The Active Risk Management System (ARMS) is an IT tool used to monitor and manage environmental risks, and used also to integrate environmental risk scenarios with other HSSE and business risks. Clearly defined risk policies and responsibilities are in place for mitigation for each phase of project implementation.
Total environmental costs (accounting for environmental protection expenditure, including depreciation and environmental investments for assets put into operation) amounted to EUR 388.34 mn (2021: EUR 174.49 mn) in 2022, out of which environmental investments for assets put into operation in 2022 totaled EUR 30.01 mn (2021 EUR 28.59 mn). In 2022, we paid EUR 0.0727 mn (2021: EUR 0.076 mn) in environmental fines and penalties related to incidents.
Our approach to Environmental protection actions contribute to the following UN Sustainable Development Goals:
- SDG 3 – target 3.9, by our protection measures related to hazardous chemicals and air, water, and soil pollution and contamination
- SDG 12 – target 12.4 by employing an environmentally sound management of chemicals and all wastes
- SDG 15 – target 15.5 by mitigating our impact on biodiversity through studies and measures.