OMV Petrom, the largest integrated energy producer in Southeastern Europe, announces that, starting this year, its sustainability reporting is integrated into the company’s Annual Report. This step reflects the company’s commitment to transparency and responsible business practices, in line with its Strategy 2030, which sets the course for transforming the company for a lower-carbon future.
The Sustainability Statement included in the 2024 Annual Report is prepared in accordance with the European Sustainability Reporting Standards (ESRS). It provides a comprehensive overview across environmental, social, and governance dimensions.
“We are making strong progress in delivering our Strategy 2030, which positions us to lead the energy transition in the region. Through a balanced mix of investments in low-carbon solutions with responsible development of traditional business operations, we aim to create lasting value for all our stakeholders – from shareholders and employees to partners, customers and communities”, said Christina Verchere, CEO of OMV Petrom.
2024 achievements:
- ~ RON 16 billion in taxes and dividends contributed to the Romanian state budget, underscoring OMV Petrom’s role as a key economic player
- 30% of CAPEX in 2024 eligible and aligned with the EU taxonomy, reflecting the company’s commitment to sustainable investments
- 2.4 GW renewables portfolio of wind and solar projects through significant acquisitions and partnerships
- 900 charging points for electric vehicles in operation, expanding Romania’s electric mobility infrastructure
- Strategic investment of EUR 750 million approved for the new SAF/HVO unit at Petrobrazi, which will produce sustainable aviation fuel and renewable diesel
- 17% reduction in Scope 1-2 emissions versus 2019 baseline
- 11% reduction in Scope 1-3 emissions versus 2019
- 80% reduction in methane emissions from Exploration & Production activities versus 2019
- RON 131 million in social investments supporting national and local initiatives in education, health, and environmental projects, positively impacting local communities
- 32% women in management positions, underscoring OMV Petrom’s commitment to diversity and equal opportunities
