Austrian player OMV has set a new target — including concrete intermediate goals — to reduce its greenhouse gas emissions from operations by 2050, after it hit the 2025 target ahead of schedule.
OMV — which on Wednesday also reported significantly weaker revenues in the second quarter of the year as lower prices and the Covid-19 pandemic hit the business — said its 2025 carbon intensity targets for operations (-19%) and its product portfolio (-4%) were already achieved last year.
