Material Topic: (Entity-specific) Economic Impact
Creation of direct and indirect economic value through OMV business activities for sustainable growth and building strong community relations
Relevant SDG:
Our business activities generate a substantial amount and variety of taxes. We pay corporate income taxes, royalties, production taxes, stamp duties, plus employment and other taxes. In addition, we collect and pay payroll taxes, and indirect taxes such as excise duties and VAT. The taxes we collect and pay represent a significant part of our economic contribution to the countries in which we operate.
CbCR
Country-by-Country Report
EVG&D
Economic Value Generated and Distributed
EWRM
Enterprise-Wide Risk Management
IFRS
International Financial Reporting Standards