About the report

About the report

The 2024 Sustainability Report complies with law no. 13.303/16 And covers the period from January 01,2024 to December 31, 2024, with the possibility of including data from relevant events in the first months of 2025, when indicated.

 

Annually, we publish the Petrobras Sustainability Report after the disclosure of the financial statements and specific documents such as the human rights and corporate citizenship booklet and the climate change booklet, which are referenced in this report.

 

We adopt the guidelines of the Global Reporting Initiative (GRI Standards 2021) and respond to the indicators of the Sustainability Accounting Standards Board (SASB), applicable to the oil and gas industry and suitable for our organization (exploration & production, midstream, and refining & marketing). We also use the sustainability reporting guidance from the International Petroleum Industry Environmental Conservation Association (IPIECA) as a complementary methodology.

 

The scope includes our activities in Brazil and abroad, covering data from the subsidiaries listed in the financial statements, whenever relevant to the holding (consolidated). In certain situations, the data refers only to the holding or to the holding company along with some relevant subsidiaries for the indicator, and this information is specified alongside the respective indicator.

 

The emissions data published in the 2023 sustainability report has been adjusted following the inventory review, which was certified by a third party in July 2024.

 

It is the responsibility of the Board of Directors (BoD) to deliberate on matters provided for by law, the bylaws, or rules approved by it. Therefore, since the approval of the sustainability report is not among its responsibilities, this was carried out by our Executive Board, the highest governance body responsible for the management of the company, in accordance with the mission, objectives, strategies, and guidelines established by the bod. The report was also validated by the Health, Safety and Environment Committee (CSMS), which acts as an advisory committee to the bod.

 

KPMG was responsible for the limited assurance of the information contained in the 2024 sustainability report, as detailed in the chapter dedicated to the limited assurance report of the auditors.




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