Sustainability at OMV Petrom

How we manage sustainability

Our 2030 Strategy, which we announced in 2021, shows our commitment to transform for a lower carbon future, with sustainability fully embedded in our business plans. Driving the Energy transition in SE Europe remains the strategic ambition and the core of our sustainability efforts. Our sustainability actions are focused on running responsible operations, fostering people and communities, and leveraging innovation & digitalization.


The goals of the UN 2030 Sustainable Development Agenda are an integral part of our sustainability mission, and the Sustainability Framework covers all relevant material topics. Their priority for OMV Petrom was last confirmed by the materiality analysis adjustment performed in 2022 from a business impact perspective. Renewed clear commitments, action plans and targets were developed in 2022, which extend to 2030, to address the expectations of our stakeholders: employees, communities, customers, partners, and shareholders.

*Note: The topic “Customer and Product Responsibility” is currently addressed within HSS and Circular Economy & Innovation in the Sustainability Framework.

Strategic sustainability commitments extended to 2030

OMV Petrom communicated its emissions reduction targets by 2030 and its ambition of reaching NET Zero in operations by 2050. The 2030 climate targets were complemented in 2022 by commitments and targets for all the other focus areas of the sustainability framework, while progress on previously 2025 assumed targets is monitored.

By 2030, we aim to have 60% of our total portfolio made up of low and zero carbon products, with 35% of our CAPEX supporting this. A sustainable and more diversified portfolio will be reached by investing in biofuels, alternative mobility, renewable power generation and new technologies.

Action areaKPITarget 2030
Carbon Intensity of Operations
E&P Carbon Intensity Reduction− 70%
Refining Carbon Intensity Reduction− 15%
Power Business Carbon Intensity Reduction− 20%
Group Carbon Intensity Reduction− 30%
E&P Methane Intensity< 0.2%
Absolute GHG Emissions
Scope 1: Zero Routine Flaring and Venting       0
Scope 1-2 GHG Reduction− 30%
Scope 1-3 GHG Reduction− 20%
Carbon Intensity of our Portfolio
Share of Low and Zero Carbon Products in Total Product Portfolio~ 60%
Net Carbon Intensity of Energy Supply Reduction− 20%

Through 2030, we will continue to have as priority the health and safety of our employees, customers and partners. We focus on resource efficiency and environmental protection, while acting with integrity and transparency. Proactive risk management remains essential for realizing OMV Petrom’s HSSE Vision of “ZERO harm – NO losses.” 

Action areaTarget 2030
Stabilize Total Recordable Injury Rate (TRIR) at below 1.0 (per 1 mn hours worked)
Achieve Zero Work – Related Fatalities
Maintain leading position in Process Safety Event Rate
Supply chain
All new suppliers screened against mandatory ESG criteria during supplier pre-qualification prior sourcing projects
Yearly spend with local suppliers to be at least 85% out of total Procurement spend


Our 2030 commitments include building and retaining a talented, diverse, and engaged team, while continuing to make a positive impact in our communities. OMV Petrom is committed to the fundamentals of a just transition, with a focus on social dialogue and protection, retaining and re- and/or up-skilling employees. OMV Petrom is committed to building a diverse workforce, inclusive culture, and employee experience, as an essential part of its success.

Action areaTarget 2030
  • Increase share of women at management level to 35%
  • Increase average number of annual learning hours to a minimum 30 hours per employee
  • Measure and maintain the level of engagement of our employees
Community Relations & Human Rights
  • Maintain >80% local communities covered by social investments every year
  • Train all OMV Petrom Group employees in human rights

We are committed to support technology development, research, and innovation to drive greater adoption of technologies to achieve business and climate ambitions.

Action areaTarget 2030
Innovation & Circular Economy

EUR 3.7 bn by 2030 to be invested in low and zero carbon business (such as: biofuels, CC(U)S, electro-mobility, low carbon hydrogen, photovoltaic assets)

  • 150 kt/year until 2030 2nd gen ethanol produced from locally sourced agricultural residues
  • 450 kt/year until 2030 renewable diesel and sustainable aviation fuel from sustainable feedstock
  • We plan to invest ~ EUR 2 bn in innovation and new technologies, mainly in hydrogen and CC(U)S
  • Operate more than 1 GW of renewable power capacity, including through partnerships
  • 500 charging points for alternative fueled vehicles
Digitalization (ambition)
  • Run programs to reduce carbon footprint, enhance HSSE capabilities and resource efficiency and upskill employees