Management approach to reporting
MOL Group’s management approach regarding the presentation of material impacts and sustainability performance is to publish relevant information where it is most likely to be looked for by our stakeholder and most easily accessible.
The Annual Report’s main audience is assumed to be our shareholders, investors and sustainability analysts interested in the annual performance of the company. Our webpage is tailored to provide detailed information to all our stakeholders on our impacts, policies and projects.
We prepared the guideline below to help navigation and understanding (relevant information of each level can be found on the links):
In order to respond to our impacts, we set targets and goals which are summarised in our Sustainable Development Strategy
We show project examples underlying our results and achievements in our Case Studies
About MOL Group’s sustainability reporting
The sustainability performance data included in the Annual Report is reviewed by an independent auditor (please see the assurance statement for the specific scope) and the assurance process is planned and performed in accordance with the International Federation of Accountants’ ISAE3000 standard and also with AA1000AS audit standard.
The Annual Report, together with MOL Group’s website, meets the requirements of the comprehensive level of GRI Standards Sustainability Guidelines (including the Oil and Gas Sector Disclosures).
The GRI compliance table for MOL and a detailed analysis of our compliance with IPIECA and UN Global Principles can be found here.