Targets for 2011 in the six focus areas of sustainability

Reduce specific GHG emissions by 1% (baseline YE2010);
Obtain geothermal concession for the pilot project and executing geothermal related R&D activities;
Finalise the integration of the biogas plant into refinery systems and start the construction work;
Continue the investigation of possibilities to use renewable energy sources in refining:
- Continue research on algae-based technology for CO2 fixation and biocomponent production;
- R&D on new generation biofuels and further improvement of technology including algal biomass utilisation as biogas or biodiesel feedstock;
- Increase the ratio of recycled vegetable oil (used cooking oil) in the fuel pool.

Using a risk-based approach, decrease the amount of known (YE2010) environmental liabilities across MOL Group by 5%;
Establish a group and business unit biodiversity system.

Ensure total reportable occupational illness frequency (TROIF) of zero;
Achieve 15% regularity rate in the STEP (WHP) Programme by the end of the year (MOL , TVK , SN , SPC);
Achieve zero work-related fatal accidents across MOL Group (staff, contractors and third parties);
Ensure LTIF is less than 1.0;
Ensure RAR is not higher than 1.6.

Define general rules valid for all MOL Group companies engaged in advertising to guarantee responsible marketing.

Enhance employer branding (strategy and image design) based on the results of the Employer Branding Survey of 2010;
Preparation for the extension of the Employee Performance Management System in INA;
Extend the Equal Opportunities Plan to major Hungarian subsidiaries;
Continue the Professional Competency Development Program (Petroskills) in E&P and extend to R&M and HSE.

Issue a Business Continuity Management regulation valid for the MOL Group, and roll out first phase;
Increase ethics awareness, improve the ethics management at the Group level, and implement all actions planned for 2011.

magyar disclaimer contact home