The report highlights the company's progress in 2016 regarding environmental safeguarding, social impact and governance. The company also focuses on its efforts to drive the sustainability agenda forward. The report serves as the company's Communication on Progress for the UN Global Compact, to which it is fully committed. The report includes a detailed materiality assessment, which identifies and ranks the most material topics based on stakeholder consultation, industry best practice and the GRI G4 Oil and Gas sector disclosure document. The report also highlights the company's commitment to reducing its carbon intensity by 10% until 2021, as well as its new initiative, ""Zero routine flaring by 2030."" The report details the company's commitment to responsible business behavior and its three pillars: Eco-Efficiency, Eco-Innovation, and Skills to Succeed. The report also features a comprehensive overview of the company's performance in key areas, such as health and safety, environmental management, employee development, diversity, community relations, and innovative energy.
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OMV AG 2016 Sustainability Report
Issuing Company OMV AG
Report Type Sustainability Report
Report Language EN
Report Filesize 3.76 MB
No. of Pages 61 pages
Reporting period2016
Report EditionUnknown
Assurance Provider Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H
Reporting Standards GRI; G4; G4 Core guidelines; others
Materiality Assessmenttrue