Petróleo Brasileiro SA
Industry Group: Oil & Gas Producers
Country/Region: Brazil
Identifier: BSP:PETR4
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production of oil and gas in Brazilian offshore fields. Production in 2023 was 2.8 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.9 billion boe (85% oil). At end-2023, Petrobras operated 10 refineries in Brazil with capacity of 1.8 million barrels a day and distributes refined products and natural gas throughout Brazil.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 40 out of 301
Universe
Global Universe 11315 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
TotalEnergies SE |
29.6
Medium
|
30 out of 301 |
Petróleo Brasileiro SA |
31.3
High
|
40 out of 301 |
BP Plc |
33.8
High
|
58 out of 301 |
Equinor ASA |
36.8
High
|
79 out of 301 |
China Petroleum & Chemical Corp. |
52.1
Severe
|
234 out of 301 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Petróleo Brasileiro SA's Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Petróleo Brasileiro SA's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Petróleo Brasileiro SA
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Petróleo Brasileiro SA's ESG Risk Rating in the last three years
Highest Controversy Level