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Gas/Diesel Oil
BR
updated 4 days ago

Petrobras

Company website

Petrobras, officially known as Petróleo Brasileiro S.A., is a leading energy company headquartered in Brazil. Established in 1953, Petrobras has grown to become a key player in the global oil and gas industry, with significant operations across South America and beyond. The company is primarily engaged in the exploration, production, refining, and distribution of oil and natural gas, alongside renewable energy initiatives. With a strong focus on deepwater oil extraction, Petrobras has pioneered advanced technologies that set it apart in the market. The company has achieved notable milestones, including significant discoveries in the pre-salt layer of the Santos Basin, which have bolstered its position as one of the largest oil producers in Brazil. Petrobras continues to innovate and adapt, maintaining its status as a vital contributor to the energy sector while striving for sustainability and efficiency.

DitchCarbon Score

How does Petrobras's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

33

Industry Average

Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

14

Industry Benchmark

Petrobras's score of 33 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

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Petrobras's reported carbon emissions

In 2023, Petrobras reported total operational emissions of approximately 46,000,000,000 kg CO2e, a slight decrease from about 48,000,000,000 kg CO2e in 2022. The company has set ambitious climate commitments as part of its Strategic Plan for 2022-2026, aiming for a 25% reduction in total operational absolute emissions by 2030. Additionally, Petrobras targets zero routine flare burning by 2030 and plans to reject approximately 40 million tonnes CO2 through carbon capture, use, and storage (CCUS) projects by 2025. The company also aims for a 32% reduction in carbon intensity in its exploration and production (E&P) segment by 2025, maintaining a target of 15 kg CO2e/boe until 2030. Furthermore, Petrobras is committed to a 40% reduction in methane emissions intensity in the E&P segment by 2025 and a 16% reduction in carbon intensity from refining by 2025, increasing to 30% by 2030. Long-term, Petrobras aspires to neutralise emissions from its controlled activities (Scopes 1 and 2) by 2050, while also encouraging partners to pursue similar goals in non-operated assets. The company’s emissions data is not cascaded from any parent organisation, ensuring that its commitments and performance are independently reported.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

200520072008200920102011201220132015201620172018201920202021202220232024
Scope 1
46,300,000,000
-
-
-
-
00,000,000,000
00,000,000,000
00,000,000,000
-
-
-
-
-
-
-
-
-
-
Scope 2
-
-
-
-
-
0,000,000,000
0,000,000,000
0,000,000,000
-
-
-
-
-
-
-
-
-
-
Scope 3
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Petrobras's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Petrobras is in BR, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Petrobras is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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