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Message from Senior Management
Letter from the Chairman and Lead Director of the HSE Committee
On the update of the Climate Change Supplement, we reinforce our support and our position in favor of initiatives that decarbonize Petrobras’ operations, innovate, make our production processes and our products more sustainable, and that promote solutions based on nature that mitigate climate change, in particular, the preservation and expansion of forests.
We recognize the climate urgency, and for more than a decade, Petrobras has been working on decarbonizing its operations, ensuring a robust trajectory of reducing oil and gas operational emissions. In addition to the improvements achieved over the years, we have already announced the ambition to achieve operational emissions neutrality by 2050.
The ongoing climate change imposes the need for actions aligned with the energy transition that will contribute to the sustainability of our planet and our company. In this sense, we support and guide our executives so that the challenges and opportunities associated with the transition are analyzed and correctly addressed.
In the 2023-2027 Strategic Plan, we decided to focus and move forward on new business analyses. We prioritize the hydrogen, wind, and carbon capture segments. In addition, con- sidering the significant potential of Brazil for highly competitive nature-based solutions carbon credits, we have strengthened our initiatives on forest conservation and incorporated the possible use of offsets as a complementary strategy for decarbonization, focusing on high-quality and high-integrity credits, aligned with international best practices and socioeconomic and environmental co-benefits.
The Climate Change Supplement is part of the dialogue with our stakeholders and demonstrates the resilience of our business and planning, aligned with the objectives of the Paris Agreement and our position in the search for a just and responsible energy transition.
Gileno Gurjão Barreto Chairman
Marcelo Gasparino da Silva Lead Director of the HSE Committee
