MOL Group Environmental
Vision

In April 2026, in conjunction with the formulation of Phase 2 of our corporate management plan, BLUE ACTION 2035, we updated the MOL Group Environmental Vision, which sets out the Group's fundamental approach to Environment. The Vision was originally established in 2020, and this update was approved by the Board of Directors in February 2026.

MOL Group Environmental Vision[4.30MB]

* For further details on our climate change measures, please refer to the Climate Change Countermeasures / Task Force on Climate-related Financial Disclosures (TCFD).

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Overall View

Overview of Environmental Vision

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Action Plan

Overview of Action Plans

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Milestones

To ensure the achievement of net-zero emissions, we have set quantitative KPIs and milestones for measuring progress for each action.

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Progress

We are making steady progress toward achieving each goal and milestone set forth in the "MOL Group Environmental Vision".

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Progress toward medium- to long-term targets

(*1) If residual emissions remain in the net zero target year(2050), we will neutralize them with Carbon Dioxide Removal(CDR).

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Progress on Milestones

(*2) This refers to emissions at the fuel production stage of marine fuels used by the Group’s operated oceangoing vessels, which fall under Category 3 (fuel- and energy-related activities not included in Scope 1 or Scope 2).

Initiatives related to carbon credits

To ensure achieving the neutralization of remaining emissions anticipated in the future and to promote the spread and expansion of negative emissions in order to achieve decarbonization throughout society, we are advancing both nature-based and technology-based initiatives from the early stage. Specific examples are shown below.

[Nature-based solutions]
We will contribute to biodiversity and local communities in addition to decarbonization through support for projects such as forest and mangrove regeneration. Since January 2022, we have been participating in a blue carbon project aimed at restoring and conserving mangroves in South Sumatra, Indonesia. The project aims to reduce CO₂ emissions by about 5 million tons through forest conservation activities and to absorb/store another 6 million tons of CO₂ through afforestation of mangroves and other plants on about 9,500ha of bare land in the next three decades.

[Technology-based solutions]
By engaging with CO₂ removal technology projects now, we will contribute to innovation and cost reduction of underfunded elements of nascent technologies.
As one of the founding buyers of the NextGen CDR Facility and a member of the First Movers Coalition's CDR sector, we are committed to purchasing at least 50,000 tons of CO₂ removals utilizing CDR technologies by 2030.

We will give due consideration to the integrity of the CDR credits we procure by selecting credits that have been certified by third-party organizations, as well as by referring to external evaluations and individually verifying them ourselves by referring to relevant guidelines.

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Previous Environmental Visions