OMV

InfluenceMap Score
D-
Performance Band
40%
Organisation Score
50%
Relationship Score
Sector:
Energy
Head​quarters:
Vienna, Austria
Brands and Associated Companies:
Borealis
Official Web Site:
Wikipedia:

Climate Lobbying Overview: OMV appears to have broadly negative engagement with climate policy, including key EU legislation such as GHG emissions targets and the EU Emissions Trading System. The company has also consistently advocated in support of a long-term role for fossil gas in the energy mix.

Top-line Messaging on Climate Policy: OMV’s top-line messaging on climate policy appears to be mixed. In its 2020 sustainability report, published in April 2021, OMV has stated support for the Paris Agreement while in its 2021 industry association review the company states it will live up to its commitment to the Paris Agreement and EU climate targets, without explicitly stating support. However, in the companies 2020 sustainability report, OMV emphasized the need to balance climate efforts against economic concerns. In 2020 consultation responses in New Zealand, OMV stressed concerns around energy poverty in responding to climate change. It stated that it is important that climate policies “do not heighten energy insecurity, deliver unacceptably expensive energy prices or unintentionally increase emissions” while also stating support for a market-based response to climate change.

Engagement with Climate-Related Regulations: OMV has shown limited transparent engagement with climate-related regulations, however it appears unsupportive of ambitious climate-related regulations in the EU and New Zealand. OMV’s disclosed position on the EU’s 2030 climate targets in its 2020 CDP response emphasizes competitiveness concerns, advocating that a “linkage between economic target and GHG reduction target should be established in order to restore the competitiveness of the European industry”. Instead, in 2021, OMV disclosed to CDP that it supports the EU Emissions Trading System (EU ETS) while emphasizing that the policy must include carbon leakage protections. Within the same 2021 CDP response, OMV also appeared to advocate for the inclusion of low carbon fuels in the Renewable Energy Directive, which would expand the remit of the policy and divert resources away from the policies original mandate.

In a 2020 consultation response, OMV advocated for the New Zealand Emissions Trading System (NZ ETS) to reduce its initial transitional price from $35 to $25 per tonne, increase its Cost Containment Reserve protection against “unacceptably high prices”, and include a lower price floor, measures that would likely weaken the overall policy.

Positioning on Energy Transition: OMV appears to consistently promote the role of fossil fuels in the future energy mix. In its 2020 sustainability report, published in 2021, it appeared to support the long-term role of fossil gas, citing its reduced carbon intensity when compared to other fossil fuels. In October 2021, OMV CEO Alfred Stern stated in a tweet that fossil gas would be required to back-up renewables in the future energy mix while also also arguing that “gas is actually a key pillar of the energy transition”.

In a 2020 New Zealand consultation response, OMV advocated in favor of the long-term role of gas in New Zealand’s energy mix. While in the EU, the company appeared to support the Gas Decarbonization Package in its March 2021 response to the EU's roadmap; however, it also appeared to support the inclusion of hydrogen produced from fossil gas and gas infrastructure. Further, in August 2021, OMV submitted a consultation response to the same policy, where it appeared to advocate for 'low carbon' gases to be included in the package and for regulations to be 'technological neutral', stating the importance of fossil gas in the energy transition.

Concerning transport in the EU, OMV has disclosed via CDP in 2021 that it also supports policy to encourage the use of fossil gas for heavy transport alongside renewable fuels and hydrogen. OMV’s 2021 CDP response advocated for the EU’s sustainable finance taxonomy to be ‘technology neutral’, stating that it believes all forms of energy will be needed to achieve climate goals.

Industry Association Governance: In May 2021, OMV published a review of 16 of its industry association memberships on its website, disclosing OMV’s roles within, and engagement with, each association alongside their climate positions. Within this review, OMV stated it is “fully aligned” with all 13 associations regarding their climate-related engagement. OMV is a member of FuelsEurope, BusinessEurope and the Australian Petroleum Production & Exploration Association (APPEA), which are actively and negatively lobbying cllimate legislation. OMV is also a member of the International Association of Oil and Gas Producers, which is lobbying EU climate policy with mixed, but mostly negative engagement. The review however did not include Gas Infrastructure Europe, an association which also traditionally lobbies negatively on climate policy, despite a subsidiary of OMV being listed as a member on the website.

A detailed assessment of the company's industry association review can be found on our CA100+ platform here.

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DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
47%
 
47%
 
39%
 
39%
 
42%
 
42%
 
47%
 
47%
 
41%
 
41%
 
68%
 
68%
 
58%
 
58%
 
56%
 
56%
 
57%
 
57%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.