OMV achieved the Platinum Medal in the annual EcoVadis sustainability assessment for the first time. EcoVadis is a provider of universal sustainability ratings, with more than 75,000 companies from over 200 industries taking part and committing to ensuring responsible sourcing throughout the supply chain. This result places OMV in the top 1 percent of all 75,000 companies rated globally by EcoVadis.
After reaching Silver level for five consecutive years, OMV was able to significantly improve the score in 2021. The EcoVadis assessment covers a range of CSR topics, grouped into four categories: environment, labor and human rights, ethics and sustainable procurement. In all four categories, OMV performed well above the average of the reference industry.
OMV’s achievements in sustainability are evaluated every year by multiple ratings agencies in the fields of Environment, Society and Governance (ESG). OMV was recently reaffirmed as holding an AAA rating from MSCI for the 9th year in a row, placing it among the best 10% of oil and gas companies.
In addition, OMV is included in the prestigious Dow Jones Sustainability Index and in the FTSE4Good Index, and has been awarded Prime Status by ISS ESG, a Leadership A- by CDP Climate Change, a level 4 (highest level) on carbon management quality by the Transition Pathway Initiative. It has also been rated as an industry leader by Sustainalytics, scoring a 28.4 (medium risk) in the new Sustainalytics ESG Risk Rating. OMV is additionally included in the Euronext Vigeo Europe 120 index and Euronext Vigeo Eurozone 120 index (based on its ratings by V.E, an affiliate of Moody’s) and maintained its inclusion in the STOXX® Global ESG Leaders index (based on OMV’s assessment by Sustainalytics) and in the ECPI® indices.
Source: omv.com
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