Investor Presentaiton
MOL GROUP'S ESG TARGETS
CLIMATE/GHG TARGETS
Reducing Group-level Scope 1+2 GHG emission by 25% by 2030
(from 2019)
Ambition to reach net carbon neutrality by 2050
No segment-level targets set in order to allow capitalizing on
integrated model and ensure flexibility
► Target is set in absolute terms to comply with EU reporting
requirements
Share of low-carbon CAPEX between 30-40% for the period 2025-2030
► Carbon trajectory and EU taxonomy alignment are incorporated
into investment decision processes
► MOL's low carbon definition covers every project which contributes
to the Group's energy transition by lowering emissions (including
energy efficiency, electrification) or stepping into new, low carbon
businesses (renewable energy, circular economy).
GHG emission reduction and TRIR targets are included in the
short-term management incentive scheme from FY2024 onwards
CLIMATE &
ENVIRONMENT
HEALTH &
SAFETY
PEOPLE &
COMMUNITIES
INTEGRITY &
TRANSPARENCY
OTHER
Renewable electricity consumption up to 2,500
GWh per year by 2030
Scope 3 is expected to decrease by 5-10% (from
2019) by 2030, depending on fossil fuel demand
Zero fatality
TRIR below 1.1 for core activities by 2030
Eliminate significant API Tier 1 process safety
events by 2030
Women in management: reach 30% target by
2030
Keep sustainable employee engagement level
at min. 75%
50% of social investment spent on local
communities by 2030
Annual ethics training for 100% of employees
Procurement: Reduce non-hydrocarbon GHG
emission by 30% in inbound supply chain by 2030
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