Petroleo Brasileiro SA Petrobras

Common Name
Petrobras
Country
Brazil
Sector
Energy
Industry
Oil & Gas Integrated
Employees
41,778
Ticker
PETR4
Exchange
B3 S.A.
Description
Petrobras - Petroleo Brasileiro S.A. is a renowned energy company based in Brazil, primarily engaged in the exploration and production of oil and gas. As one of the world's largest oil companies, Petr...

Petrobras's Climate Target Data Preview

As of 2024, Petrobras has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 6 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Petrobras ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced
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2025
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Complexity Weighted Tonne (CWT) of Oil and Gas Processed
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2025
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CH4 (mtCH4) per Other Unit (Unlisted) of Methane Produced
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2025
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Complexity Weighted Tonne (CWT) of Oil and Gas Processed
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2030
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CH4 (mtCH4) per Other Unit (Unlisted) of Methane Produced
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Petrobras's Greenhouse Gas Emissions Pathways

As of 2024, Petrobras has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Petrobras have a target to reduce the emissions from its operations?

As of 2024, Petrobras has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Petrobras's most ambitious operational target is to reduce these emissions by 69.23% by 2030, compared to a baseline of 0.001 Metric Tonnes of CH4 (mtCH4) per Other Unit (Unlisted) of Methane Produced in 2015.

Petrobras has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

Petrobras's Operational (Scope 1+2) Emissions Pathway

201520242025203000000BaselineCurrent (-69%)
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