Sustainability Targets

Fatalities

0

work-related fatalities for contractor employees

Fatalities

0

Achieve zero work-related fatalities

Fatalities

0

Achieve zero work-related fatalities

TRIR

0.38

per 1 million hours worked

TRIR

1.0

achieve TRIR of 1.0 per 1 mn hours worked

TRIR

< 1.0

stabilize TRIR of 1.0 per 1 mn hours worked

Process Safety

0.051

Leading position maintained

Process Safety

Keep leading position in Process Safety Event Rate (2017:0.18)

Process Safety

Maintain leading position in Process Safety Event Rate (2017:0.18)

Sustainable Development Goals Supported

Carbon Intensity of Operations

E&P Methane Intensity

– 70%

vs. 2019

E&P Methane Intensity

< 0.2%

E&P Methane Intensity

< 0.2%

E&P Carbon Intensity Reduction

– 39%

vs. 2019

E&P Carbon Intensity Reduction

– 70%

vs. 2019

Refining Carbon Intensity Reduction

2%

vs 2019

Refining Carbon Intensity Reduction

-15%

vs 2019

Power Business Carbon Intensity Reduction

– 3%

vs. 2019

Power Business Carbon Intensity Reduction

– 20%

vs. 2019

Group Carbon Intensity Reduction

-11%

vs 2019

Group Carbon Intensity Reduction

-13%

vs 2019

Group Carbon Intensity Reduction

-30%

vs 2019

Absolute GHG Emissions

Scope 1: Routine Flaring and Venting

-46%

vs. 2019

Scope 1: Routine Flaring and Venting

No new projects with routine flaring and venting practice and phase out existing routine flaring and venting latest until 2030

Scope 1: Routine Flaring and Venting

0

Scope 1-2 GHG Reduction

– 10%

vs. 2019

Scope 1-2 GHG Reduction

– 30%

vs. 2019

Scope 1-3 GHG Reduction

– 11%

vs. 2019

Scope 1-3 GHG Reduction

– 20%

vs. 2019

Carbon Intensity of our Portfolio

Share of Low and Zero Carbon Products in Total Product Portfolio

49%

Share of Low and Zero Carbon Products in Total Product Portfolio

~60%

Net Carbon Intensity of Energy Supply Reduction

-4%

vs 2019

Net Carbon Intensity of Energy Supply Reduction

-20%

vs 2019

Sustainable Development Goals Supported

2nd generation ethanol capacity

50 kt

2nd generation ethanol capacity

150 kt

produced from locally sourced agricultural residues

2024 test

started preparatory activities

 

Carbon Capture Utilization

test in Petrobrazi refinery

Carbon Capture (Utilization) Storage

EUR 2bn

investment in innovation and new technologies in hydrogen in CC(U)S

120 charging points for alternative fueled vehicles

200 charging points for alternative fueled vehicles

500 charging points for alternative fueled vehicles

Enhanced Oil Recovery

Started viscous saltwater injection in the Vața oil field and some wells responded by doubling the rate.  

Enhanced Oil Recovery

Implement Advanced Recovery pilots in OMV Petrom Upstream to increase the recovery factor of our oil fields and asses upon full-field implementation.

New partnerships signed

for 4 PV parks with a total capacity of ~450 MW

Operate 0.4 GW

of renewable power capacity, including partnerships

Operate >1GW

of renewable power capacity, including partnerships

Developed strong portfolio of projects and initiatives with different phases of implementation

EUR 3.7bn

Investment for low and zero carbon business

Sustainable Development Goals Supported

Gender Diversity

31%

women at management level in 2022

Gender Diversity

32%

share of women at management level

Gender Diversity

35%

share of women at management level

Employee engagement score

73%

according to 2022 survey

Employee engagement

Measure and maintain the level of engagement of our employees

 

27.57

annual average learning hours

 

30

minimum annual average learning hours per employee

Sustainable Development Goals Supported

Business Ethics

491 participants

Business Ethics

Raise Business Ethics awareness for all OMV Petrom employees through trainings and compliance communication programs.

Community relation and human rights

Local communities

EUR 40 mn

social investments in projects that covered 99% of local communities 

Local communities

Assess Community Grievance Mechanisms of all sites against UN Effectiveness Criteria by 2025; maintain social license to operate through yearly Community Relations and Community; development strategies, plans and budgets, based on Social Impact Needs and Risks; assessment in OMV Petrom operations

Local communities

>80%

local communities covered by social investments every year

Human rights

2,238 employees trained

approximately 859 training hours

Human rights

Train all OMV Petrom Group employees in human rights 

Human rights

Train all OMV Petrom Group employees in human rights 

Supply chain

Supply chain

11

supplier audits conducted

Supply chain

> 20

 supplier audits, covering sustainability topics

New suppliers

100%

screened against mandatory ESG criteria

 

All new suppliers screened against mandatory ESG criteria during supplier pre-qualification prior sourcing projects (baseline 2022)

All new suppliers screened against mandatory ESG criteria during supplier pre-qualification prior sourcing projects (baseline 2022)

Yearly spend with local suppliers

82.1%

Yearly spend with local suppliers

>85%

Yearly spend with local suppliers

>85%

Sustainable Development Goals Supported