Focus Areas

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Creating lasting value, together

We believe that sustainability means creating lasting value that balances environmental, social and governance dimensions. We’ve set clear goals and actions for each of our sustainability focus areas – Climate Change, Health, Safety and Security, Natural Resources Management, People, and Ethical Principles – to be met by 2030, 2040. Reaching these goals, and in particular our net-zero ambition by 2050, will be a collective effort, relying not only on investment but also on the dedication of our employees, suppliers, and all stakeholders who accompany OMV on a daily basis.

Climate Change

Tackling climate change is at the core of our business strategy, which includes a commitment to achieve climate neutrality by 2050 at the latest. To get there, we’re increasing the share of CO2-neutral products in our portfolio and reducing the share of fossil fuels.

The well-being of our people and the protection of the environment, constitutes an integral part of our commitment to conducting our business in a responsible way. We therefore build on sustainable safety measures to protect people by providing a safe and healthy workplace and ensuring the safety and reliability of our plants.

Health, Safety & Security

Natural Resources Management

We are committed to using natural resources in a responsible way in order to minimize the impact of our business activities on the environment. We have the technological know-how to present solutions to reduce this impact, in particular by fostering circular economy. OMV is fully committed to taking action when it comes to responsible natural resources management and is proactively expediting the transition from a linear to a circular economy.

OMV is committed to contributing to a Just Transition for our employees and communities and addressing the social and economic effects of the transition to an environmentally sustainable economy. We embrace and use our diversity of thought and experience as a catalyst for growth and creativity to meet today’s challenges and adapt for tomorrow.

We are dedicated to upholding human rights, and to maintaining active partnerships with the communities where we operate. As part of our commitment to making positive contributions to these societies, we have established community development projects that help to create long-term societal value and bring about lasting change in peoples’ lives.

People

Ethical Principles

OMV generates direct economic value and indirect economic value in numerous countries worldwide. It is therefore imperative that we act in accordance with the highest ethical standards on an international level, everywhere we operate, and enforce these standards throughout our supply chain. Our goal is to create a company that is sustainable in the long term. We are therefore committed to upholding high ethical standards in accordance with the UN Guiding Principles on Business and Human Rights, and to conducting our business fairly and honestly. We comply with all relevant laws and follow the standards outlined in our Code of Conduct.