MOL Magyar Olaj-es Gazipari Nyilvanosan Mukodo Reszvenytarsasag 2023 IR

The report highlights MOL Group's financial and operational performance for 2023, achieving a Clean CCS EBITDA of HUF 1,098.4 billion despite significant regulatory burdens and windfall taxes. Strategically, the company updated its 'Shape Tomorrow' strategy, committing to a 25% absolute reduction in Scope 1 and 2 emissions by 2030 and net climate neutrality by 2050. Key operational milestones included the integration of retail networks in Poland and Slovenia, launching a major waste management concession in Hungary, and advancing green hydrogen and biogas projects. Additionally, the group maintained its AA rating from MSCI and B rating from CDP, demonstrating its ongoing commitment to sustainable energy transition.

Company: MOL Magyar Olaj-es Gazipari Nyilvanosan Mukodo Reszvenytarsasag

Sector: Energy

Country: Hungary

Year: 2023

Type: IR

Pages: 183

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MOL Magyar Olaj-es Gazipari Nyilvanosan Mukodo Reszvenytarsasag

MOL Magyar Olaj-es Gazipari Nyilvanosan Mukodo Reszvenytarsasag 2023 Integrated Annual Report

Integrated Annual Report

The report highlights MOL Group's financial and operational performance for 2023, achieving a Clean CCS EBITDA of HUF 1,098.4 billion despite significant regulatory burdens and windfall taxes. Strategically, the company updated its 'Shape Tomorrow' strategy, committing to a 25% absolute reduction in Scope 1 and 2 emissions by 2030 and net climate neutrality by 2050. Key operational milestones included the integration of retail networks in Poland and Slovenia, launching a major waste management concession in Hungary, and advancing green hydrogen and biogas projects. Additionally, the group maintained its AA rating from MSCI and B rating from CDP, demonstrating its ongoing commitment to sustainable energy transition.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women in Management

Workplace Fatalities

Net Zero Target

Employees