Petrobras publishes the 2020 Sustainability Report with advances in ESG

Operation safety and investments over R$ 145 million in projects and donations to society reflect the company’s socioenvironmental action over the last year

april 08, 2021

In a year marked by the Covid-19 pandemic and its consequences, Petrobras was able to achieve positive economic results and, at the same time, expand its commitments to sustainability and improve environmental and social indicators, as well as support the fight against the effects of the pandemic in the Brazilian society. The information regarding the company’s operational, economic, social, environmental, and governance performance is compiled in the Sustainability Report 2020, published this Wednesday in the English version.


“Petrobras’ performance in an extremely challenging year reveals our relentless pursuit of the dual objective of maximizing return for shareholders and society,” said CEO Roberto Castello Branco. The document details Petrobras’ support for society’s actions to fight the Covid-19 by donating tests, hospital and hygiene materials, fuel for ambulances and hospital vehicles, and food for low-income families. The company also made financial donations to scientific projects to fight the pandemic and provided computing capacity to support research efforts. The donations in response to Covid-19 and to other disaster situations in Brazil – such as the floods in the states of Minas Gerais and Espírito Santo, fires in the Pantanal and blackouts in Amapá – totaled, in 2020, the amount of R$25.5 million, donated by Petrobras and its equity stakes, in addition to expenses to carry out the management of these projects.


Read Full Report Here

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