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Environment

Environmental Management

The overall objective is to minimize our environmental footprint throughout the entire lifecycle.

Management approach

We assess the operational environmental aspects, impacts and risks at asset level. Oil spills are a critical issue. We concentrate on improving infrastructure and perform emergency drills.

In 2017, our total environmental costs amounted to EUR 179.49 mn. The environmental investments for assets put into operation in 2017 totaled EUR 29.39 mn.

We promote the environmental culture through “Shaping environmental values through performance” Program”. We take the occasion of the World Environment Day to award the best environmental performers across the company.

Water Management

We implement Water Management Plans to reduce our water withdrawal and improve our water efficiency.

In 2017, our total Water Withdrawal decreased by 58% compared to 2010, and by 4.8% compared to 2016. We further achieved an overall reduction of Freshwater Intensity of 3.3% in 2017 vs. 2016. This was based on a Freshwater Intensity reduction of 4.7% in Downstream Oil (excluding Power Plants) and of 7.5% in Power Plants (CCPP Brazi, OMV Petrom City Power Plant). The Freshwater Intensity in Upstream was relatively stable, slightly increasing by 0.3%.

Waste Management

We manly produce solid and liquid wastes, including oily sludge, waste chemicals, spent catalysts and construction debris.

In 2017, we continued to implement our Waste Prevention and Reduction Plans across all our operations. The total amount of waste generated in 2017 was 367,205 t. Compared to 2016, there was a decrease of 55% on account of reducing the one-time waste from demolition works. We recycled / recovered 48% of the total waste generated throughout the year.

Biodiversity

In 2017, we conducted a Biodiversity Screening Study for a deeper understanding of biodiversity risks. The overlaps of current operations with Natural Protected Areas and International Union for Conservation of Nature species and were identified based on a spatial analysis of GIS (Geographic Information System) data. The results will be further integrated in the environmental risk assessment process.