Investor Presentaiton
2030 EMISSION REDUCTION TARGET RAISED
LIKE-FOR-LIKE SCOPE 1&2 GHG EMISSION REDUCTION EXPECTATION INCREASED TO 33% FROM PREVIOUS
TARGET OF 30%; GHG EMISSION TO DECREASE BY 25% IN ABSOLUTE TERMS
SCOPE 1&2 GHG EMISSION (Mt)
REDUCTION AMBITION HIGHER
-10%
8
7.6
0.1-0.1
7
60
Like-for-like¹
Absolute²
6.9
0.1 0.0
-30%
-33%
-25%
7.6
0.1
0.1
7.2
0.1-0.0
5.7
5.3
5.1
6.4
6.1
5
6.4
4
6.1
3
2
1
1.0
1.0
1.0
0.6
0
2019
2022
2030 old
2030 new
2019
2022
2030
E&P
DS
CS
Other
Total
MOL committed to achieve 2050 net climate
neutrality
Absolute GHG emission reduction² target for
2030 set at ca. 25% compared to 2019, equalling
33% on like-for like¹ terms, more ambitious than
in 2021 strategy
No segment-level targets set in order to allow
capitalizing on integrated model and ensure
flexibility
Absolute Scope 3 emissions are expected to
decrease by 5-10% by 2030 (from 2019)
► From 2024 onwards, GHG and TRIR KPIs are also
introduced in managerial short-term incentives
STRONGER SHORT-TERM
COMMITMENT TO ACHIEVE
CLIMATE GOALS
1 Like-for-like emissions only include GHG emissions of 2019 asset base.
2 Absolute target-setting methodology in line with requirements set by EU Directive 2022/2464 (CSRD) on corporate sustainability reporting.
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