OMV recognized for sustainability leadership

• OMV listed in Dow Jones Sustainability World Index (DJSI World) for sixth consecutive year and as the only Austrian company
• CDP ranks OMV “Leadership A-” in the category Climate Change for eighth consecutive year and in the Top 20 of global oil and gas companies

OMV has been reaffirmed as a sustainability leader by independent rating agencies in the fields of Environmental, Social and Governance (ESG).

“Our latest rating scores reconfirm that we are on the right trajectory with our sustainability agenda to achieve net zero by 2050 at the latest. We are committed to having a positive impact by reinventing essentials for sustainable living. It is our conviction that the success of any company will depend on its ability to use sustainability as an engine for innovation and growth,” said Alfred Stern, CEO and Chairman of the Executive Board of OMV.

OMV recently attained a score in the 94th percentile of its industry in S&P Global’s annual Corporate Sustainability Assessment (CSA), leading to its inclusion in the prestigious Dow Jones Sustainability World Index (DJSI World) and DJSI Europe for the sixth consecutive year. The DJSI World represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index, based on long-term economic, environmental, and social criteria. OMV was also included in S&P’s Global Sustainability Yearbook 2024.

Furthermore, CDP reviewed over 21,000 companies that participated globally, scoring them on their climate change and environmental disclosures. OMV was awarded a “Leadership A-” score for the eighth time in a row, making it one of the top 20 companies in the global oil and gas sector. 

CDP is a non-profit-organization that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The CDP methodology scores organizations’ progress towards environmental stewardship and has built up the world’s most comprehensive collection of self-reported environmental data.

In addition, OMV’s ESG performance is evaluated by various rating agencies on an annual basis. In 2023:

• MSCI reaffirmed an AAA rating for the eleventh year in a row. MSCI is the world’s largest provider of ESG indices and OMV is included in many of its ESG indices, such as the prestigious ACWI ESG Leaders Index and the ACWI Low Carbon Leaders Index.
• ISS ESG awarded OMV Prime Status and ranked it at the top of its industry.
• Sustainalytics: OMV ranked seventh in the integrated oil & gas industry and maintained its inclusion in its STOXX® Global ESG Leaders index.
• OMV was once again included in the FTSE4Good Index Series. The ESG Scores include 7,200 securities in 47 Developed and Emerging markets, comprising the constituents of the FTSE All-World Index, FTSE All-Share Index and Russell 1000® Index.
• Ecovadis awarded OMV 75 out of 100 points in its scorecard, placing it in the 97th percentile among all companies globally.

To learn more about OMV’s approach to sustainability, you can read its annual Sustainability Report here. 

About OMV Aktiengesellschaft

At OMV, we are re-inventing essentials for sustainable living. OMV is transitioning to become a leading sustainable fuels, chemicals and materials company with a focus on circular economy solutions, while operating today across three integrated business segments of Energy, Fuels & Feedstock, and Chemicals & Materials. By gradually switching over to low-carbon businesses, OMV is striving to achieve net zero by latest 2050. The company achieved revenues of EUR 39 billion in 2023 with a diverse and talented workforce of around 20,600 employees worldwide. OMV shares are traded on the Vienna Stock Exchange (OMV) and as American Depository Receipts (OMVKY) in the U.S. Further information at www.omv.com