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.
+17 vs industry average
Petrobras’s score of 36 is higher than 64% 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
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Petrobras's reported carbon emissions
Petrobras, headquartered in BR and operating in the Gas/Diesel Oil industry, is committed to reducing its greenhouse gas emissions. The company has set several targets, including a long-term ambition to neutralise emissions in activities under its control (Scopes 1 and 2) by 2050.
Key near-term climate commitments include:
- A reduction of total operational absolute emissions by 30% by 2030, compared to 2015 levels. This target is equivalent to approximately 54.8 million tonnes of CO2e per year.
- Achieving zero routine flare burning by 2030.
- Rejecting approximately 40 million tonnes of CO2 through carbon capture, utilisation, and storage (CCUS) projects by 2025.
- Reducing carbon intensity in the Exploration & Production (E&P) segment by 32% by 2025, aiming to maintain this intensity of 15 kgCO2e/boe until 2030.
- Achieving a 40% reduction in the intensity of methane emissions in the E&P segment by 2025, with a consolidated target of a 55% reduction by 2025, reaching 0.29 t CH4/thousand tHC.
- Reducing carbon intensity from refining by 16% by 2025, increasing to 30% by 2030.
Emissions data shows:
- In 2025, Petrobras reported Scope 1 and 2 emissions totalling 47,000,000,000 kg CO2e, with a reported Scope 1 and 2 emission factor of 0.5922435293826179.
- For 2023, Scope 1 and 2 emissions were reported at 46,000,000,000 kg CO2e, with an associated Scope 1 and 2 emission factor of 0.435953936188301.
- In 2022, Scope 1 and 2 emissions amounted to 48,000,000,000 kg CO2e, with a Scope 1 and 2 emission factor of 0.3957184016486652.
- The year 2021 recorded Scope 1 and 2 emissions of 62,000,000,000 kg CO2e, with a Scope 1 and 2 emission factor of 0.763131918664698.
- In 2020, Scope 1 and 2 emissions were 56,
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Petrobras’s Climate Goals (2030 & 2050)
6 goals2030
30% reduction in all scopes
Reduction of total absolute operational emissions by 30%* by 2030 (54,8 MM tCO₂e/ano)
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Petrobras
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