OMV listed in Dow Jones Sustainability Index for the fourth straight year
OMV, the international, integrated oil, gas and chemicals company headquartered in Vienna, has
been included in the Dow Jones Sustainability Index (DJSI World) for the fourth year in a row and is still the only Austrian company listed in this prestigious index.
OMV attained a score in the 94th percentile in S&P Global’s Corporate Sustainability Assessment (CSA). The CSA covers an extensive list of ESG (Environmental, Social, and Governance) topics. OMV’s all-encompassing strong performance resulted in the company’s inclusion in the highly prestigious DJSI World as one of 10 energy companies globally and in the DJSI Europe as one of 5 European energy industry sustainability leaders.
The DJSI was launched in 1999 and serves as a benchmark for investors who integrate sustainability considerations into their portfolios. It is comprised of corporate leaders in global sustainability as identified by SAM in the SAM Corporate Sustainability Assessment (CSA), formerly owned by RobecoSAM and now a part of S&P Global. 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 factors.
“We are proud to be recognized once again as a sustainability leader by S&P Global and to be included in the Dow Jones Sustainability World Index for the fourth time in a row. Sustainability is an integral part of OMV’s strategy, and we will continue working diligently on further enhancing our ESG performance”, said Florian Greger, OMV Vice President Investor Relations and Sustainability.
Manjit Jus, Global Head of ESG Research, S&P Global, commended OMV for its efforts: “We congratulate OMV for being included in the Dow Jones Sustainability Index (DJSI) for World and Europe. A DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of companies participating in the 2021 S&P Global Corporate Sustainability Assessment is testament to the growing movement for ESG disclosure and transparency”.
OMV’s achievements in sustainability are evaluated every year by multiple rating agencies in the fields of Environmental, Social and Governance (ESG):
- Platinum medal in the annual EcoVadis sustainability rating – OMV among the top 1 percent of all 75,000 companies rated globally by EcoVadis
- In 2021, for the ninth year in a row, MSCI reaffirmed an AAA rating placing OMV among the best 10 % of oil and gas companies
- Awarded by ISS ESG with the Prime Status, by CDP Climate Change with a Leadership A- and by the Transition Pathway Initiative a Level 4 (highest level) for carbon management quality
- Classification as industry leader by Sustainalytics – 28.4 (medium risk) in the Sustainalytics ESG Risk Rating
- Sustainability indexes such as the FTSE4Good Index, the Euronext Vigeo Europe 120 Index and the Euronext Vigeo Eurozone 120 Index (based on its ratings by V.E, an affiliate of Moody’s)
- Various MSCI indexes such as the ACWI ESG Leaders and the STOXX® Global ESG Leaders index (based on OMV’s assessment by Sustainalytics)
OMV produces and markets oil and gas, as well as chemical products and solutions in a responsible way and develops innovative solutions for a circular economy. With Group sales revenues of EUR 17 bn and a workforce of around 25,000 employees in 2020 (incl. Borealis), OMV is one of Austria’s largest listed industrial companies. In Exploration & Production, OMV has a strong base in Central and Eastern Europe as well as a balanced international portfolio, with Middle East & Africa, the North Sea, Russia and Asia-Pacific as core regions. Daily average production was 463,000 boe/d in 2020 with an emphasis on natural gas. In Refining & Marketing, OMV operates three refineries in Europe and owns a 15% share in ADNOC Refining and ADNOC Global Trading, with a total processing capacity of more than 500,000 bbl/d. Furthermore, OMV operates about 2,100 filling stations in ten European countries and runs gas storage facilities in Austria and Germany. In 2020, total natural gas sales volumes amounted to around 164 TWh. In Chemicals & Materials, OMV, together with its subsidiary Borealis, is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics. The company supplies services and products to customers around the globe through Borealis and its two important joint ventures: Borouge (with the Abu Dhabi National Oil Company, or ADNOC, based in UAE) and Baystar™ (with Total, based in the US). Sustainability is an integral part of OMV’s corporate strategy. OMV supports the transition to a lower-carbon economy and has set measurable targets for reducing carbon intensity as well as for the implementation of new energy and petrochemical solutions.