Petrobras has made ambitious and comprehensive energy transition targets. It aims to maintain an upstream emissions intensity of 15 kgCO2e/boe between 2025 and 2030 and reduce its absolute emissions by 30% by 2030, relative to 2015. Additional targets also cover flaring, venting, and CCUS; all aimed at achieving net-zero scope 1 and 2 emissions by 2050.
This note showcases how clients can use the Welligence platform to examine a company’s energy transition goals, how they align with its forecasted production, how it’s progressing towards its stated targets, and what are the potential threats to its ambitions.