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Petrobras Advances ESG Goals and Reduces Emissions

Petrobras Advances ESG Goals and Reduces Emissions

Petroleo Brasileiro SA- Petrobras (PBR) has released an update.

Petrobras has released its 2023 Sustainability Report highlighting significant advancements in sustainability commitments, ESG performance, and a 41% reduction in operational greenhouse gas emissions since 2015. The company also emphasizes its aim to neutralize emissions by 2050, while reporting a 24% reduction in freshwater withdrawal and detailing social and environmental investments totaling over R$800 million. Key social initiatives include programs against sexual violence and for racial equity, targeting increased diversity in leadership by 2030.

For further insights into PBR stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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