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
MOL Magyar Olaj-es Gazipari Nyilvanosan Mukodo Reszvenytarsasag
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