Petróleo Brasileiro S.A. - Petrobras

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Petróleo Brasileiro S.A. - Petrobras disclosed greenhouse gas emissions of 46 million tons of GHG in 2023. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
46 million tons of GHG in 2023
2023
⚡
Renewable Energy
100% of electricity purchased for industrial and office operations in Brazil is generated by renewable sources
of total energy
💧
Water Usage
114.7K megaliters in 2023
2023
♻️
Waste
Hazardous: below internal limit; Non-hazardous: below internal limit
2023
⚙️
Energy Use
562.0K TJ in 2023
2023

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202346 million tons of GHG in 2023
202247.7 million tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce freshwater withdrawal by 40% by 2030 (compared to 2021)
  • Reduce process solid waste generated by 30% by 2030 (compared to 2021)
  • Destination of 80% of solid waste generated in processes for reuse, recycling, and recovery routes by 2030

📅 Medium-term

  • Achieve biodiversity gains by 2030, with a focus on forests and oceans
  • Reduce total absolute operational emissions by 30% by 2030 (compared to 2015)
  • Zero routine flaring by 2030
  • Reinjection of 80 million tCO2 by 2025 in CCUS projects
  • GHG intensity in E&P segment: 15 kgCO2e/boe by 2025 and maintained by 2030

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Reducing carbon footprintProtecting the environmentCaring for peopleActing with integrity

⚠️ Challenges & Risks +

  • Shifting demand from fossil fuels to low-carbon products
  • Inefficiency in developing and using technologies to improve operational emissions performance
  • Stricter environmental regulations
  • Risks and impacts to biodiversity related to the life cycle of activities
  • Divergent interpretations of tax legislation or changes in tax law
  • Changes in commercial strategy for fuel pricing
  • Risk of violation of labor legislation by suppliers
  • Occurrence of human rights violations
  • Negative impacts on communities from projects and operations
  • Safety, environmental, and health risks in operations

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB (Exploration & Production, Midstream and Refining & Marketing), Ipieca Sustainability Reporting Guide
Assurance: KPMG (limited assurance)