Our Ambition
(GBF). We apply the mitigation hierarchy, with priority given to avoidance and minimization over restoration and offsetting. The effectiveness of our Environmental Management Standard, which specifically addresses biodiversity, cannot be tracked because our Group-wide LEAP assessment is still ongoing.
OMV has not yet established an ESRS-aligned target for the material topic E4 Biodiversity and Ecosystems because the LEAP assessment is still ongoing. However, we have an ambition to preserve and restore biodiversity and land and marine ecosystems in alignment with the Kunming-Montreal Global Biodiversity FrameworkStatus 2024:
Six sites were assessed using the LEAP approach, and no biodiversity action plans have been developed and implemented yet.
GBF
Global Biodiversity Framework