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Strategic Plan 2050 and Business Plan 2025-2029

The journey we will take as a leading company in the fair energy transition
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Our Path

Our 2050 Strategic Plan presents the journey we will take as a leading company in the fair energy transition, reducing our greenhouse gas emissions, continuing to offer energy to Brazil, and ensuring that renewable energy plays an increasing role in our portfolio, in
order to contribute to the country’s energy security.

Vision, purpose and values

Our vision represents a synthesis of what we want to be. Our purpose, on the other hand, represents the reason for our existence. Both of them are supported by our values, which represent our commitment to people, society, our partners, and shareholders.

Strategic drivers

  • Full attention to people
  • Focus on profitable Exploration & Production assets
  • Adequacy and improvement of the current refining park
  • Fair energy transition
  • Sustainable development of the country taking advantage of the productive chains
  • Global vanguard in energy transition
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Our vision

  • To be the best diversified and integrated energy company in generating value, building a more sustainable world, reconciling the focus on oil and gas with diversification in low carbon businesses (including petrochemical products, fertilizers and biofuels), sustainability, safety, respect for the environment, and full attention to people.
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Our purpose

  • To provide energy that ensures prosperity in an ethical, fair, safe, and competitive manner.​​​​​​​
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Our values

  • Care for people 
  • Integrity 
  • Sustainability 
  • Innovation 
  • Commitment to Petrobras and the country

Discover our business strategies

We aim to reconcile our leadership in the fair energy transition with our responsible exploration and production of oil and gas in Brazil. Our oil has a carbon intensity ranked among the lowest in the world.  

​​​​​​​We are adopting different strategies for the specific segments in which we operate, investing in the decarbonization of our operations, in the generation of renewable energy, and in sustainable fuels. 

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Exploração e Produção

Exploration and production

  • Maximize the value of the portfolio with a focus on profitable assets, replenish oil and gas reserves including exploration of new frontiers, increase the supply of natural gas, and promote the decarbonization of operations
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Refino, transporte e comercialização

Refining, Transport and Marketing

  • Act competitively and safely, maximize the capture of value by the adequacy and improvement of our industrial park and supply chain and logistics, seek self-sufficiency in oil products, with vertical integration, more efficient processes,
    improvement of existing products and development of new products towards a low-carbon market.
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Gás e energia

Gas and Low Carbon Energies

  • Act in a competitive and integrated manner in the operation and commercialization of gas and energy, optimizing the portfolio and acting in the insertion of renewable
    sources.
  • Act in low carbon businesses, diversifying the portfolio in a profitable way and promoting the perpetuation of Petrobras.

Sustainability

  • ​​​​Act in our businesses with integrity and sustainability with safety, seeking decreasing emissions, promoting diversity and social development, contributing to a fair energy transition.
  • ​​​​​​​Innovate to generate value for the business, supporting operational excellence and enabling solutions in new energies and decarbonization

Top metrics

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IAGEE: measured by the weighted average of IGEE E&P and IGEE REFINING
ICMA: measured by the volume of oil and oil products leaked
ICSP: measured by TIR - Total Recordable Injuries  and FPI - Fatality and Permanent Impairment

Our ESG positioning

Acting in our business with integrity in a safe and sustainable way, seeking to reduce emissions, promoting diversity and social development, contributing to a just energy transition.

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ESG Drivers

Learn abour our ESG Drivers in Strategic Plan 2050 and Business Plan 2025-2029.
REDUCE CARBON FOOTPRINT
  • ​​​​​​​Promote intrinsic decarbonization, seeking operational emissions neutrality by 2050, considering the origination and acquisition of competitive, high-quality carbon credits as a complementary strategy.  
  • Expanding the supply of and access to low carbon energy and products in a cost-effective transition, contributing to reducing energy poverty and reducing the portfolio's exposure to GHG emissions.
  • Leverage knowledge and innovation ecosystems in low carbon solutions.
  • Collaborate with stakeholders to accelerate opportunities that broaden inclusion and sustainable development.
PROTECT THE ENVIRONMENT
  • To be “Water Positive” in the water-critical areas where we operate, by reducing freshwater extraction and improving local water availability, contributing to water security.
  • Minimizing the generation and maximizing the reuse, recycling and recovery of waste, promoting circular economy practices and seeking zero landfill disposal.
  • Promote conservation, restoration and gains in Biodiversity, seeking a net positive impact in the regions where we operate.
  • Improve process safety, preparedness and response to contingencies by preventing and mitigating accidents, leaks and environmental impacts.
TAKE CARE OF PEOPLE
  • ​​​​​​​To be a vector for socio-environmental development.
  • To be a benchmark for human rights and the promotion of diversity, equity and inclusion.
  • To promote the well-being and comprehensive health care of male and female workers.
  • To promote people's safety through practices that incorporate human factors, with a focus on organizational learning.
ACT WITH INTEGRITY
  • Strengthen our governance model by promoting diversity, equity and inclusion.
  • To act with excellence in ethics, integrity and transparency.
  • Encouraging the adoption of ESG practices among our stakeholders.

Strategic Plan and Business Plan

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