Mol
MOL Group, a leading integrated oil and gas company, is headquartered in Hungary (HU) and operates extensively across Central and Eastern Europe. Founded in 1957, MOL has established itself as a key player in the energy sector, focusing on exploration, production, refining, and distribution of oil and gas. The company is renowned for its innovative approach to energy solutions, offering a diverse range of products, including fuels, lubricants, and petrochemicals. MOL's commitment to sustainability and technological advancement sets it apart in a competitive market. With a strong market position, MOL Group has achieved significant milestones, including strategic acquisitions and expansions that enhance its operational capabilities. The company continues to drive growth while prioritising environmental responsibility and energy efficiency.
DitchCarbon Score
How does Mol's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Liquefied Petroleum Gas (LPG) industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mol's score of 62 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mol's reported carbon emissions
In 2024, MOL Group reported total carbon emissions of approximately 63,840,000,000 kg CO2e, with Scope 1 emissions at about 6,380,000,000 kg CO2e, Scope 2 emissions (market-based) at approximately 920,000,000 kg CO2e, and Scope 3 emissions reaching about 56,538,921,000 kg CO2e. The previous year, 2023, saw total emissions of about 63,220,000,000 kg CO2e, indicating a slight increase in emissions year-on-year. MOL Group has set ambitious climate commitments, aiming for net carbon neutrality in its Upstream business division by 2030 for both Scope 1 and Scope 2 emissions, which accounted for about 1,020,000 tonnes CO2e in 2022. Additionally, the company targets a 20% reduction in absolute gross Scope 1 and 2 greenhouse gas emissions by 2030 compared to a 2019 baseline. Long-term goals include achieving net zero emissions across all scopes by 2050. The emissions data is not cascaded from any parent organization, and all figures are reported directly from MOL Group. The company is actively working towards reducing its carbon footprint while maintaining transparency in its reporting practices.
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Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 106,198,000,000 | 000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mol is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
