Petróleo Brasileiro S.A. – Petrobras informs that it filed, today, its 2022 Sustainability Report. In this important document you can find information about our main activities, management practices, indicators and commitments related to environmental, social and governance (ESG) issues. One of the main highlights of this year was the environmental projects supported by the Company, which conserved approximately 254,000 hectares of forests.
Another highlight refers to the decarbonization of the operations, with an absolute reduction of greenhouse gas emissions by 39% between 2015 and 2022. This reduction, aligned with the ambition of zero absolute operational emissions by 2050, reinforces the Company’s commitment to expand its activities in low carbon businesses.
It is important to note that Petrobras’ performance in low carbon businesses is expanding through the development of new businesses in CCUS (carbon capture, utilization and storage), renewable energy, hydrogen, and biorefining. At the same time, the Company also invests in nature-based solutions for climate change mitigation, especially the preservation and expansion of forests.
In addition to projects focused on forest restoration and conservation, Petrobras supports a number of initiatives for fauna preservation, with 236 species of fauna monitored and protected, and also a strong performance in the conservation of the ocean’s biodiversity.
In 2023, the Company opened the largest public selection for social and environmental projects in its history, with an estimated investment of R$432 million in social and environmental projects. This initiative received a record number of applicants, mostly from the North and Northeast regions.
In the socio-environmental area, it is worth highlighting two lines of social projects – Education and Sustainable Economic Development – that serve communities in the area covered by the Company’s operations. In 2022, these projects reached the mark of 25 thousand participants trained through initiatives of education for the labor market or actions to improve the quality of education. The initiatives aimed at children reached more than 7,000 direct participants – with special emphasis on the actions aimed at early childhood (children aged 0 to 6 years) through educational activities and initiatives to mobilize and improve the protection network for the rights of children and adolescents in all regions of Brazil.
The 2022 Sustainability Report can be checked out in full on Petrobras’ Investor Relations website.
Brazil Energy Insight 
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