[Translate to English:] TC Gebäude

Sustainable Future Challenge

Sustainable Future Challenge by OMV

[Translate to English:] OMV

The escalating challenges of climate change and the global commitment to reducing greenhouse gas emissions are profoundly influencing the oil and gas industry. To secure sustainable long-term prosperity and provide attractive returns to all stakeholders, it is imperative for companies to align with the evolving paradigms of a sustainable economy.

Our partner, OMV – a cornerstone of industrial innovation in Austria – pledges to lead in the development of sustainable fuels, chemicals, and materials by embracing a growth model that prioritizes circular economy and sustainability principles. Engage with the principles outlined in OMV Strategy 2030, and contribute to our collective journey towards a sustainable future. Your proposal should not only resonate with OMV’s strategic ambitions but also demonstrate a profound understanding of the need for solutions that offer substantial social and environmental benefits.

Challenge documents

20240223_BCC24_OMV_UNI_ENG.pptx

Case Zusammenfassung

(details in documents)

Task:

  • Design a sustainable product that aligns with OMV's strategic business areas and innovation themes and has a positive social and environmental impact.

Results:

  • Business Plan: Develop a sustainable innovation that aligns with OMV's strategy and create a compelling business plan that describes your idea.

  • Market Analysis: Conduct a market analysis that estimates the market size for your innovation and identifies potential competitors.

  • Triple Bottom Line: Calculate a Triple Bottom Line that includes the time value of your business plan (NPV) as well as the environmental and social impacts of the innovation on relevant key performance indicators (KPIs).

Assessment:

  • Innovativeness

  • Persuasiveness of the business plan

  • Depth and quality of the analysis

  • Clarity of the presentation

Allocation of prize money

in each University Case

  • 1.Place: 1.500 € + Winner's certificate

  • 2.Place. 500 € + Certificate

  • 3.Place: 500 € + Certificate

Terms of participation

Participation in the Sustainable Future Challenge is open to all individuals in education. This primarily includes students from all disciplines and universities, as well as those in military service or social service. If you are uncertain about your eligibility, please reach out to us!

You can work either individually or in a team of up to 4 people.

Participation is now unlocked!

Deadline: June 2, 2024 - 23:55 (GMT+1)

* Required fields are marked with an asterisk (*).