Climate Change


InfluenceMap Score
Performance Band
Organisation Score
Relationship Score
Rio de Janeiro, Brazil

Petrobras is a semi-public corporation and there is little openly available evidence demonstrating its engagement with climate change legislation. As such, its positions on a variety of climate change policy positions remains unclear. Petrobras has a clear position on the science on climate change. It also appears to generally accept the need for a transition of the energy mix away from fossil fuels, although former leadership of the company has suggested that renewable energy will remain low in the energy mix whilst "oil will continue to be the world’s primary source of energy for a long time." Petrobras appears to show a limited level of transparency in its 2016 disclosures to CDP, not clearly detailing its engagement on a number of key climate changes policies or its memberships of trade associations.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 2 NS NS NA NS NS NS NA
Climate Science Stance NS NS NA NS -1 NS NS NA
Need for climate regulations NS NS NS NS NS NS NS NA
UN Treaty Support NS NS NS NS NS NS NS NA
Transparency on Legislation -2 NA 0 NA NA NA NS NS
Emissions Trading NS NS NS NS NS NS NS NA
Energy Efficiency Standards 0 NS NS NS NS NS NS NA
Renewable Energy Legislation NS NS NS NS NS NS NS NA
Energy Policy and Mix NS NS NS NS 1 -1 NS NA
GHG Emission Standards NS NS NS NS NS NS NS NA
Disclosure on Relationships 1 NS -1 NA NA NA NS NS
Strength of Relationship

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.