Our targets for 2010

1. Strengthen good governance and risk management
  • Review and amend the Code of Ethics and related processes
  • Increasing ethical awareness of employees through communication and e-learning
  • Set up HSE Risk Map of PSM (Process Safety Management) critical processes
2. Concentrate on future portfolio steering
  • Test water reservoirs based on MOL’s selected existing non-productive hydrocarbon wells, and develop business model for geothermal energy production
  • Take further steps towards fulfilling our biogas project aims in our biodiesel plant
  • Continue the investigation of possibilities to use renewable energy sources in refining
3. Focus on internal and external customer relations
  • Maintain a high level of customer satisfaction in all business divisions
  • Define an integrated international branding process for MOL Group
4. Enhance trust & credibility among stakeholders
  • Set up and/or formalize the stakeholder engagement processes
  • Introduce and regulate corporate volunteering (in MOL Plc.)
  • Prepare a qualitative analysis on the social impact of the “Green Belt” donation programme
5. Reduce environmental footprint
  • Reduce specific CO2 emissions by 1% as a direct result of greenhouse gas (GHG) reductioninitiatives
  • Reduce group level fresh water intake by 10%
  • Set up group and business unit biodiversity systems
6. Manage opportunities, risk & liabilities in the value chain
  • Have a total reportable occupational illness frequency (TROIF) of zero
  • Have each business unit contribute by involving at least 75% of employees in the Workplace Health Promotion program and keep Absence Rate no higher than 2.5% (MOL, SN, SPC, TVK, MOL-LUB)
  • Have no work-related fatalities in MOL Group (staff, contractors and third parties)
  • Reduce lost time injury frequency (LTIF) to below 1.0
  • Road accident rate (RAR) should not exceed 1.6
7. Capitalize on human resources
  • Extend the Employee Performance Management System to Hungarian MOL Group companies (MOL-LUB, FGSZ and Petroszolg)
  • Create a group level guideline for equal opportunities and work-life balance; prepare our first equal opportunity plan