Introduction - Environmental Dimension

The energy transition towards a more renewable profile in the global matrix, the insertion of substitutes for fossil fuels, and the increase in the use of electricity for urban mobility can have negative impacts on the demand and price of our products and services (market risks) and may encumber or even make the implementation and operation of our projects unfeasible, adversely impacting our results and financial condition, and limiting some of our growth opportunities.

In this sense, in the Environmental dimension, we describe our sustainability strategy based on the firm commitment to accelerate the decarbonization of our company and to always act ethically and transparently, with safety in our operations and respect for people and the environment. We have a goal of achieving greenhouse gas emissions neutrality (net zero) from the operations under our control (scope 1 and 2), and also the intention to influence the same goal in non-operated assets, within a timeline compatible with the Paris Agreement, in line with the position of the member companies of the Oil and Gas Climate Initiative (OGCI), of which we are a member. 

In this dimension, we present two chapters that discuss material topics for our company and our stakeholders: Climate Resilience and Transition to Low Carbon Economy; Prevention of Accidents and Leaks. Here we point out the most relevant issues associated with the topics, indicating our advances in terms of decarbonization and safety, reduction of leaks and our energy consumption. We also offer the reader our work on the environment in the chapters Biodiversity and Management of Water Resources, Effluents and Waste.