Materiality

Our process for identifying material sustainability topics is based on the perspective of real and potential, both positive and negative impacts, on people and the environment, including human rights, as well as risks and opportunities that may affect the company. Our materiality is reviewed annually.

In 2024, we used as guidance the Global Reporting Initiative (GRI) Standard GRI 3 – Material Topics 2021 and the GRI 11 Sector Standard,which focuses on the oil and gas industry, in addition to the European Sustainability Reporting Standards (ESRS) 1. Thus, our materiality review process was based on the concept of double materiality and identified Petrobras material topics in relation to the impacts on stakeholders as well as the impacts received by the organization.
 

The topics assessed as material in 2024 are as follows: