Overall impact
D (22)

Commentary

Petrobras is a below-average overall performer. With a 'D' rating of 22.0 for overall impact (bottom 10% of all companies), Petrobras ranks 60th out of 107 industry peers, behind DJR Energy, GeoPark, Camber Energy and 56 others, and ahead of Enerplus, Tellurian, Rowan Companies and 44 others. On top material causes for Petrobras's industry (Oil & Gas), Petrobras performs well in Quality Lifelong Education (90.0 score) and performs poorly in Accountable Institutions (0.4 score), Clean Water Access (5.5), Racial Justice and Civil Rights (14.1) and 12 other causes where it received a 'D' or 'F' score.
Impact
Cause PBR
Peer rank
Overall impact

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Impact trend

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Company
Employees
46,730
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Oil & Gas Exploration & Production
SASB industry
Oil & Gas - Exploration & Production
Headquarters
Rj, Brazil
Share classes
PBR
Description
Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, acquisition, and exports of crude oil; and production of fertilizers, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; renewable energy businesses; low carbon services; and natural gas processing business, as well as production of biodiesel and its co-products. The company also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. In addition, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.
Material causes
Ethos considers the following causes material for Petrobras, based on its industry sub-industry Oil & Gas Exploration & Production. Learn more about material causes in our methodology overview.

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