OMV Serbia is offsetting the CO2 emissions of the fuel sold on Earth Day

• All fuel sold at OMV Serbia filling stations on Earth Day on April 22 will be climate neutral
• Employees of OMV Serbia planted trees for 1 ha of forest, for the third time
• OMV Serbia engages in climate action and is taking concrete steps to reduce or compensate CO₂ emissions

All fuel sold at OMV Serbia filling stations on Earth Day on April 22 will be climate neutral. Voluntary carbon emissions offsetting is part of a holistic approach to climate protection, and in this way OMV Serbia opens a new topic through concrete innovative action, raising awareness of what individuals and companies can do when it comes to the concept of climate neutrality. OMV Serbia will carry out offsetting the CO₂ emissions of the entire amount of fuel sold on Earth Day through an investment in an international licensed afforestation project in cooperation with ClimatePartner. In addition, with the aim of continuous contribution to the CO₂ emissions offsetting and preservation of the natural wealth of Serbia, this year, a team of employees, in cooperation with the public company Srbijasume, organized afforestation in Drenova village.

“The month in which we celebrate Earth Day has inspired us to continue with the current specific activities that contribute to the CO₂ emissions offsetting and nature conservation. With our traditional afforestation activity in our beautiful country, we have joined the international afforestation initiative, which supports the climate change targets. It is very important for us to share this information with all our consumers in order to jointly influence the understanding of the importance of this topic,” says OMV Serbia Retail Manager Nikola Bozalo.

“We can all make efforts to reduce the amount of CO₂ emissions as well as to compensate for the necessary emissions. We are very pleased to know that the expected effect of our activities this month alone (CO₂ offsetting and tree planting) is the offset of over 1,000 tons of CO₂,” added Bozalo and called customers to contribute to the success of the activity by joining and buying fuel on OMV Serbia stations on 22 April.

OMV Serbia's innovative campaign is just one of the initiatives that OMV as a company is implementing globally in the field of carbon offsetting. OMV has made a commitment to support the goals of the Paris Agreement and the key climate targets set by the EU Council for 2030. OMV's specific climate targets are: net-zero GHG emissions of operations by 2050 or sooner, leadership position in the circular plastics economy (thanks to innovative solutions such as ReOil®) and at least 60% low-carbon and carbon-free products in the portfolio. These ambitions are planned to be achieved thanks to increased use of crude oil for petrochemical products, higher share of gas in the product portfolio, hydrogen solutions for mobility and industry, e-mobility solutions and delivery of advanced biofuels.

The Munich-based ClimatePartner is an international provider for corporate climate action. The organization is currently providing more than one hundred certified international carbon offset projects. Carbon offset projects reduce carbon emissions through technologies such as afforestation or renewable energies. Independent organizations monitor the precise amount of carbon emissions’ reductions. These emissions’ reductions are sold in the form of carbon reduction certificates in order to finance the project.

For more information on OMV's sustainability strategy visit: https://www.omv.com/en/sustainability/climate-protection

For more information on ClimatePartner Carbon offset projects visit: https://www.climatepartner.com/en/carbon-offset-projects

Background information:

OMV Serbia d.o.o.

OMV entered the Serbian market in 2001. Headquartered in Belgrade, OMV Serbia currently has 63 filling stations and holds around 10% market share in Serbia.

The OMV stations are multifunctional service centres - filling stations for people and vehicles. OMV customers are provided with fuels, lubricants and car wash services; in addition 58 VIVA shops offer snacks, refreshments and a broad range of additional services. OMV Serbia directly employs 46 people and has created more than 800 jobs via its network of filling stations.

OMV Aktiengesellschaft

OMV produces and markets oil and gas, as well as chemical solutions in a responsible way and develops innovative solutions for a circular economy. With Group sales revenues of EUR 17 bn and a workforce of around 25,000 employees in 2020 (incl. Borealis), OMV is one of Austria’s largest listed industrial companies. In Chemicals & Materials, OMV, together with its subsidiary Borealis, is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics. The company supplies services and products to customers around the globe through Borealis and two important joint ventures: Borouge (with the Abu Dhabi National Oil Company, or ADNOC, based in UAE); and Baystar™ (with Total, based in the US). In Refining & Marketing, OMV operates three refineries in Europe and owns a 15% share in ADNOC Refining and ADNOC Global Trading, with a total processing capacity of more than 500,000 bbl/d. Furthermore, OMV operates about 2,100 filling stations in ten European countries and runs gas storage facilities in Austria and Germany. In 2020, total natural gas sales volumes amounted to around 164 TWh. In Exploration & Production, OMV has a strong base in Central and Eastern Europe as well as a balanced international portfolio, with Middle East & Africa, the North Sea, Russia and Asia-Pacific as core regions. Daily average production was 463,000 boe/d in 2020 with an emphasis on natural gas. Sustainability is an integral part of OMV’s corporate strategy. OMV supports the transition to a lower-carbon economy and has set measurable targets for reducing carbon intensity as well as for the implementation of new energy and petrochemical solutions.

For further information, please contact:

Action Global Communications
Press: Srdjan Crnogorac
Tel: +381 64 12 56 170
E-mail: srdjan.c@actionprgroup.com