Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 120

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 120
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 or offshore oil spills. These centers have additional support and recovery boats available to fight offshore oil spills and leaks, containment booms, absorbent booms and oil dispersants, among other resources.
 We have approximately 290 trained workers available to respond to oil spills 24 hours a day, seven days a week, and we can mobilize additional trained workers for shoreline cleanups on short notice from a large group of trained environmental agents in the country. While these workers are located in Brazil, they are also available to respond to an offshore oil spill outside of Brazil.
 Since 2012, we have been a member of the OSRL, an international organization that brings together over 164 corporations, including major, national and independent oil companies, energy related companies as well as other companies operating elsewhere in the oil supply chain. OSRL participates in the Global Response Network, an organization composed of several other companies dedicated to fighting oil spills. As a member of the OSRL, we have access to all resources available through that network, and also subscribe to their Subsea Well Intervention Services, which provide swift international deployment of response-ready capping and containment equipment. The capping equipment is stored and maintained at bases worldwide, including Brazil.
 In 2024, we conducted 16 emergency drills of high complexity, and thousands of drills of low and medium complexity.
 We continue to evaluate and develop initiatives to address HSE concerns and to reduce our exposure to HSE risks on capital projects and operations.
 
Air Emissions and Transition to Low Carbon
 Our actions related to climate change are supported by three pillars:

Transparency and Carbon Management                                                                                                          Oil and Gas Competitiveness                                                                                                                   Low-carbon Businesses, Scope 3 and Just Transition                                                                                           
Governance in information, processes and decisions                                                                                          Robustness and Value of the fossil portfolio in the face of transition                                                                        Portfolio Exposure to Carbon                                                                                                                 
Our Governance is focused                                                                                                                   In our understanding, companies                                                                                                               We acknowledge that the Paris                                                                                                                
on risk management of climate change and energy transition and is structured in such a way that these issues are addressed at all levels    will become more competitive in the long-term market the more they can produce at low costs and with lower GHG emissions, thriving in         Agreement’s goals require significant reductions in GHG emissions and changes in energy supply. Our scenarios point to an unequivocal        
of the company, including senior management.                                                                                                scenarios of low oil prices, carbon pricing, and possible oil differentiation practices based on the GHG emissions intensity in production.   energy transition,