Submitted by: OMV
Posted: Sep 23, 2019 – 09:41 AM EST
Sep. 23 /CSRwire/ - OMV has entered the Dow Jones Sustainability Index (DJSI World) for the second time and is still the sole Austrian company included. The index was launched in 1999 and serves as a benchmark for investors who integrate sustainability considerations into their portfolios. The Dow Jones Sustainability World Index comprises the top 10% of the largest 2,500 companies in the S&P Global Index in terms of sustainability leadership, based on the assessment of long-term economic, environmental and social criteria.
“We are very pleased that our efforts in implementing our sustainability strategy have been recognized with the inclusion of our company among the leaders of sustainable business performance. We will maintain our sustainable approach of striking the right balance between affordable energy, security of supply and climate protection, while taking into account the interests of our stakeholders”, said Rainer Seele, CEO of OMV.
Manjit Jus, Head of ESG (Environmental, Social and Governance) Ratings at RobecoSAM, praised OMV’s entrance into the family of best-performing sustainability companies: “We congratulate OMV for being included in the DJSI World. The SAM Corporate Sustainability Assessment has again raised the bar in identifying those companies best-positioned to address future sustainability challenges and opportunities. This year – which marks the 20th anniversary of the DJSI – record corporate interest in the SAM CSA reflects the enduring relevance of the DJSI for measuring and advancing ESG practices.”
OMV is listed on the following sustainability indices: FTSE4Good Index Series, STOXX® Global ESG Leaders, S&P Europe 350 ESG Index, MSCI ACWI ESG Leaders Index, MSCI ACWI SRI Index and ECPI Indices. The ESG performance of OMV has been awarded Prime Status following the assessment of ISS oekom, recognized as an “Industry Mover” in the RobecoSAM Yearbook, received an AAA score from MSCI, an A– (Leadership) score by CDP, has been rated as an “Outperformer” by Sustainalytics, and holds a Quality Score 1 from ISS in the ESG categories.
More information on OMV’s sustainability approach can be found at www.omv.com/sustainability
OMV produces and markets oil and gas, innovative energy and high-end petrochemical solutions – in a responsible way. With Group sales of EUR 23 bn and a workforce of more than 20,000 employees in 2018, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Romania and Austria as part of the Central and Eastern Europe core region as well as a balanced international portfolio, with Russia, North Sea, Middle East and Africa as well as Asia-Pacific as further core regions. 2018 daily production stood at approximately 427,000 boe/d. In Downstream, OMV operates three refineries with a total annual processing capacity of 17.8 mn tons and more than 2,000 filling stations in ten countries. OMV runs gas storage facilities in Austria and Germany; its subsidiary Gas Connect Austria GmbH operates a gas pipeline network in Austria. In 2018, gas sales volumes amounted to around 114 TWh. Sustainability is an integral part of the corporate strategy. OMV is set to invest EUR 500 mn in innovative energy solutions by 2025.