Petrobras

Petrobras, headquartered in Brazil and operating in the Gas/Diesel Oil sector, has reported Scope 1 and 2 emissions. In 2023, these emissions totalled approximately 46 billion kg CO2e, a decrease from approximately 48 billion kg CO2e in 2022 and approximately 62 billion kg CO2e in 2021. Prior to this, Scope 1 and 2 emissions were around 56 billion kg CO2e in 2020 and 59 billion kg CO2e in 2019.

The company has established several climate commitments, including a target to reduce total operational absolute emissions by 25% by 2030. Additionally, Petrobras aims for zero routine flare burning by 2030 and plans to reject approximately 40 million tonnes of CO2 by 2025 through carbon capture, utilisation, and storage (CCUS) projects. In its Exploration & Production (E&P) segment, the company is working towards a 32% reduction in carbon intensity by 2025, maintaining this level until 2030, and a 40% reduction in methane emission intensity by 2025. Furthermore, refining carbon intensity is targeted for a 16% reduction by 2025, escalating to a 30% reduction by 2030.

Petrobras also has a long-term ambition to achieve net-zero emissions in its controlled operations (Scopes 1 and 2) by 2050, and to influence partners to adopt the same ambition for non-operated assets. This long-term goal is distinct from their near-term objective of reducing absolute operational emissions by 30% by 2030, compared to 2015 levels. For 2025, Petrobras aims for a 55% reduction in the intensity of methane emissions in the upstream segment.

It is important to note that specific Scope 3 emissions data is not consistently available across all reporting years. For example, in 2014, Scope 3 emissions from the use of sold products were reported at approximately 520 billion kg CO2e, with Scope 1 emissions at approximately 79.6 billion kg CO2e and Scope 2 at approximately 1.8 billion kg CO2e. However, data for other Scope 3 categories, such as purchased goods and services, is often marked as missing.