What focus has OMV set in its climate targets up to 2050?
Bichler: Our long-term focus is clearly on climate neutrality in line with the Paris Agreement. In a first step, we have the ambition to achieve climate neutrality with our direct greenhouse gas emissions and the indirect greenhouse gas emissions from energy generation by 2050. To do this, we have to reduce the greenhouse gas emissions from our plants to the maximum technically and economically possible. The supply of our systems with renewable energy instead of burning our own gas, the reduction of flare gas quantities and energy efficiency measures will play an essential role. In order to achieve climate neutrality, we will also use technologies such as carbon capture and storage, for which the legal framework must first be created, especially in Austria, and carbon capture and utilization, and also invest in nature-based solutions. By 2025 we also want the CO2- Reduce the intensity of our production by at least 30 percent compared to 2010. However, we have not only set ourselves relative goals: in the next five years we want to reduce our greenhouse gas emissions by at least one million tons.
Where do you see the greatest challenges for OMV?
Bichler: The greatest challenge is our indirect Scope 3 emissions from the use of our energy products such as gasoline or diesel. These are many times greater than our Scope 1 and 2 emissions. So this is about changing the product portfolio in the energy sector towards a sustainable business model. Ending the production of fossil energy products overnight, however, is unrealistic. On the one hand because there is demand and on the other hand because we have to ensure security of supply. Our way is to further increase the proportion of climate-friendly natural gas compared to crude oil and to increase the bio proportion in our fuels. In the future, oil will mainly be refined into high-quality chemical products. In addition, we intend to work with Borealis to become a global leader in the circular economy.