Petrobras on Climate Change Supplement

Source: 2/23/2022, Location: South America

Petrobras informs that it released the new edition of its Climate Change Supplement. The document details information regarding Petrobras' emissions performance in 2021, in addition to the progress made in indicators related to sustainability commitments. It shows how climate change is reflected in the company's strategies and decarbonization initiatives to act in a scenario of transition to a low-carbon economy.

Petrobras is following its trajectory of progressive reduction of absolute greenhouse gas (GHG) emissions in oil and gas exploration and production (E&P) and refining, which have fallen 18% since 2015 as a result of the reduction in carbon intensities in these activities. Emissions fell from 57 million tons of CO2 equivalent in 2015 to 46 million in 2021.

The new edition of the Climate Change Supplement is aligned with the guidelines of the Task Force on Climate-Related Financial Disclosures (TCFD) and provides details about the company's strategy to achieve the ambition of operational emissions neutrality and meet the six emissions-related sustainability commitments.

Gulf Oil and Gas
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