Petroleo Brasileiro SA - Petrobras 2019 SR
The report highlights Petrobras' strategic focus on oil and gas exploration in deep and ultra-deep waters, particularly the pre-salt layer, while emphasizing a commitment to safety and decarbonization. In 2019, the company achieved a record profit of BRL 40 billion and significantly reduced its gross debt by USD 24 billion. Key environmental milestones included the establishment of 10 Sustainability Commitments, with six focused on carbon reduction, and reaching a 96.5% gas utilization rate. Socially, the company launched the Petrobras Early Childhood Initiative and achieved its lowest historic recordable injury rate (TRI) of 0.76. The report also details the company's response to the Covid-19 pandemic and its ongoing efforts in corporate governance and ethics.
Company: Petroleo Brasileiro SA - Petrobras
Sector: Manufacturing
Country: Brazil
Year: 2019
Type: SR
Pages: 274
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Petroleo Brasileiro SA - Petrobras
Sustainability Report
The report highlights Petrobras' strategic focus on oil and gas exploration in deep and ultra-deep waters, particularly the pre-salt layer, while emphasizing a commitment to safety and decarbonization. In 2019, the company achieved a record profit of BRL 40 billion and significantly reduced its gross debt by USD 24 billion. Key environmental milestones included the establishment of 10 Sustainability Commitments, with six focused on carbon reduction, and reaching a 96.5% gas utilization rate. Socially, the company launched the Petrobras Early Childhood Initiative and achieved its lowest historic recordable injury rate (TRI) of 0.76. The report also details the company's response to the Covid-19 pandemic and its ongoing efforts in corporate governance and ethics.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
May 25, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees