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 37 is higher than 65% 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 23% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Petrobras's reported carbon emissions
Petrobras, headquartered in Brazil and operating in the Gas/Diesel Oil industry, is committed to reducing its environmental impact. The company has set several climate-related targets for 2025 and 2030.
For 2025, Petrobras aims for a 32% reduction in carbon intensity in the Exploration and Production (E&P) segment, targeting 15 kg CO2e per barrel of oil equivalent (boe), a target maintained until 2030. Additionally, the company aims for a 40% reduction in the intensity of methane emissions within the E&P segment by 2025, and a 16% reduction in carbon intensity from refining operations. Petrobras also plans to reject approximately 40 million tonnes of CO2e by 2025 through carbon capture, utilisation, and storage (CCUS) projects. Zero routine flare burning is another commitment for 2030.
Looking further ahead, Petrobras's long-term ambition is to neutralise emissions in activities under its control (Scope 1 and 2) by 2050. This aligns with a goal of reducing total operational absolute emissions by 30% by 2030, compared to 2015 levels. In 2025, the company reported its overall operational absolute emissions target as 54.8 million tonnes CO2e per year, with a goal of a 30% reduction by 2030.
While specific, comprehensive emissions data across all scopes for recent years is not fully detailed, available information indicates the following Scope 1 and 2 emissions:
- 2024: Approximately 47 billion kg CO2e (Scope 1 and 2 total)
- 2023: Approximately 46 billion kg CO2e (Scope 1 and 2 total)
- 2022: Approximately 48 billion kg CO2e (Scope 1 and 2 total)
- 2021: Approximately 62 billion kg CO2e (Scope 1 and 2 total)
- 2020: Approximately 56 billion kg CO2e (Scope 1 and 2 total)
- 2019: Approximately 59 billion kg CO2e (Scope 1 and 2 total)
- 2018: Approximately 62 billion kg CO2e (Scope 1 and 2 total)
- 2017: Approximately 67 billion kg CO2e (Scope 1 and 2 total)
- 2016: Approximately 67 billion kg CO2e (Scope 1 and 2 total)
- 2014: Scope 1 emissions were approximately 79.6 billion kg CO2e, Scope 2 emissions were approximately 1.8 billion kg CO2e, and Scope 3 emissions (use of sold products) were approximately 520 billion kg CO2e.
It is important to note that Scope 3 emissions data is not consistently available across all reported years. Petrobras is actively working towards its stated sustainability commitments, with particular focus on reducing operational emissions and intensity in its E&P and refining segments.
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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.
See all 6 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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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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