5. COMMUNITIES

General aim: Enhance trust and credibility among stakeholders

ACHIEVEMENTS:

• In 2015, MOL Group supported social investment projects with 0.27% of its EBITDA, or 1.9 billion HUF in absolute terms (excluding leveraged donations derived from tax-base decreasing donation instruments)
• 80% of MOL Group member companies had issued Local Operative Regulations about social engagement by the end of 2015
• The London Benchmarking Group (LBG) social investment measurement model was deployed in international upstream operations

CHALLENGES:

• Managing community concerns and introducing local grievance management systems to an increasing number of sites
• Establishing a long-term strategy together with local communities and not-for-profit organizations in operational areas outside Europe