A transformation of OMV is urgently needed not only from an ecological perspective, but also to secure jobs in the long term. From the Paris Agreement to the Austrian federal government's declaration to create a climate-neutral Austria in 2040, all signs point to a future without fossil fuels. OMV and above all OMV CEO Rainer Seele therefore has a responsibility towards employees, shareholders and taxpayers to prepare OMV for a fossil-free future - in order to be able to secure jobs in the long term.
Investments in renewable energies are becoming increasingly profitable and create job opportunities, especially in times of crisis. In addition, OMV has a great deal of know-how that can also be used in a post-fossil world. For example geothermal energy. Here, the heat in the ground is used to generate energy. The potential is huge, but this technology is hardly used in Austria. The investment sums are very high and difficult to finance for startups. OMV, on the other hand, has both know-how and partly already the facilities (due to gas and oil exploration) to push this sustainable technology.
In addition, employees of major oil and gas companies are also showing a willingness to change jobs away from the oil and gas sector. A recent survey of survey of 1,383 offshore employees in the UK found that over 80% are open to a job outside the oil and gas industry.
OMV needs to be transformed into a climate-friendly company - for the environment and our planet, but also for OMV's employees. The focus here is on a just transition to a post-fossil world. No one should be left behind: With new business areas and large-scale retraining, a path to a green future for OMV by 2040 is possible.