The report details the company's economic, environmental, and social impacts while showcasing its commitments and strides towards sustainable development. The report aligns with the 2021 Global Reporting Initiative (GRI) Standards, including GRI 11 Oil and Gas sector 2021, and covers the 2023 financial year. The report highlights the company's progress towards its 2030 strategic ambitions, such as reducing the carbon intensity of its operations by 11% compared to 2019. OMV Petrom also includes disclosures required by the EU Taxonomy Regulation, the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations, and the SASB Sustainability Accounting Standards for the oil & gas sector.
Issuing Company Petrom S.A.
Report Type Sustainability Report
Report Language EN
Report Filesize 122.5 MB
No. of Pages 179 pages
Reporting periodJanuary 1st to December 31st, 2023
Report EditionUnknown
Assurance Provider KPMG Audit SRL
Reporting Standards GRI; UNSDGs; TCFD; others
Materiality Assessmenttrue
