Annual Report 2015

ECONOMIC, SOCIAL AND
ENVIROMENTAL PERFORMANCE

Annual
Report 2015

ECONOMIC, SOCIAL AND
ENVIROMENTAL PERFORMANCE

Our Businesses

Sustainability highlights 2015

A strong safety culture, underpinned by strategic focus on decreasing energy consumption and investing in technical skills ensured a solid downstream sustainability performance as production increased in 2015

STRATEGIC GOAL:

Ensure all sites move up one decile from current positions in their sectoral CO2 benchmarks

PERFORMANCE:

  • Refining and petrochemical operations are the primary sources of MOL Group’s GHG emissions
  • Next Downstream Program brought 49 thousand tonnes of energy and CO2 emissions savings
  • GHG target challenged by 4% increase in emissions recorded in 2015

STRATEGIC GOAL:

Decrease downstream production energy consumption by min. 5%

PERFORMANCE:

  • MOL Petrochemicals Plc, INA d. d., MOL Plc obtained ISO 50001 certification
  • Energy consumption in refineries increased due to an increase in production
  • Specific energy-consumption of petrochemicals reduced by 12% compared to 2011 as a results of energy efficiency programs

STRATEGIC GOAL:

Implement programs that aim for zero incidents

PERFORMANCE:

  • The construction of Slovnaft LDPE plant and Butadiene Extraction Unit at MOL Petrochemicals Plc recorded outstanding level of safety performance
  • Increased number of LTIs in Hungarian and Croatian refineries
  • Relatively high number of LTI mainly caused by slip and trip incidents
  • Number of process safety events decreased by 12% compared to 2013, but indirect financial impact increased due to unit shutdown in 2015

STRATEGIC GOAL:

Decrease environmental footprint

PERFORMANCE:

  • Increases in SO2 and NOx was a result of increased fuel oil consumption instead of natural gas in refineries
  • Five-year air emission trends show significant improvements primarily as a result of legal compliance

STRATEGIC GOAL:

Reduce total water withdrawals in DS Production by 5%

PERFORMANCE:

  • Decrease in water withdrawal is not the result of efficiency improvements, but reduced operation of certain units
  • The volume of hydrocarbon content of spills above 1 m3 increased to 12.9 m3 compared to 2014

STRATEGIC GOAL:

Enhance business critical competencies and leadership skills

PERFORMANCE:

  • Total headcount of downstream includes petrochemical, logistics and retail businesses
  • Change in implementation of retail business operating model brought about decreasing headcount figures
  • Increased focus on technical skills and leadership development spurred increased training activity