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Petrobras, officially known as Petróleo Brasileiro S.A., is a leading player in the gas and diesel oil industry, headquartered in Brazil. Established in 1953, the company has significantly shaped the energy landscape in South America, with major operations concentrated in Brazil and strategic ventures across the globe.
Specialising in the exploration, production, and distribution of oil and gas, Petrobras is renowned for its advanced technology and commitment to sustainable practices. The company’s core products include crude oil, natural gas, and refined petroleum products, setting it apart through its innovative approaches to energy extraction and environmental stewardship.
As one of the largest oil companies in the world, Petrobras has achieved notable milestones, including significant offshore discoveries and advancements in deep-water drilling. Its market position reflects a robust commitment to energy security and economic development in Brazil and beyond.
32
DitchCarbon score
+16 vs industry average
Petrobras’s score of 32 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Gas/Diesel Oil is among the most carbon-intensive industries
Industry performance
0.698
20182025
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Petrobras's reported carbon emissions
Petrobras, a Brazilian Gas/Diesel Oil company, reported combined Scope 1 and 2 emissions of approximately 47 billion kg CO2e in 2024. This follows 46 billion kg CO2e in 2023 and 48 billion kg CO2e in 2022.
The company has set several climate commitments:
- A long-term ambition to neutralise Scope 1 and 2 emissions by 2050.
- A near-term target to reduce total absolute operational emissions (Scope 1 and 2) by 30% by 2030, compared to 2015 levels. This target aims for 54.8 billion kg CO2e annually by 2030.
- A target to achieve zero routine flare burning by 2030.
- A goal to reject approximately 40 million tonnes CO2 by 2025 through carbon capture, utilisation, and storage (CCUS) projects.
- A 32% reduction in carbon intensity in the Exploration & Production (E&P) segment by 2025, aiming for 15 kg CO2e per barrel of oil equivalent, maintained until 2030.
- A 40% reduction in the intensity of methane emissions in the E&P segment by 2025, further consolidating to a 55% reduction by 2025, reaching 0.29 tonnes CH4 per thousand tonnes HC.
- A 16% reduction in carbon intensity from refining by 2025, increasing to 30% by 2030.
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Petrobras’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Petrobras3 months ago
32
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