Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 119

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 119
---
 actions are regularly monitored once they are adopted. In case of serious accidents, we send company-wide alerts to enable other operating units to assess the probability of similar events occurring in their own operations.

Annual Report and Form 20-F 2024 |

Environmental impacts
 
 MAIN IMPACTS
 <img alt="" src="form20f_078.jpg"/>
In 2024, we expensed US$897 million in environmental projects, compared to US$1,072 million in 2023 and US$810 million in 2022. These environmental projects continue to primarily include actions directed at reducing emissions and waste from industrial processes, managing effluents, promoting rational use and reuse of water, managing risks and impacts on biodiversity, remediating contaminated areas, recovering degraded areas, implementing new environmental technologies, modernizing pipelines and improving emergency response capacity and safety of our operations.
 For more information on our ESG strategy and goals, see “Strategic Plan 2050 and Business Plan 2025-2029” in this annual report.
 
Spills and Environmental Remediation Plans
 We are constantly seeking to improve our standards, procedures and oil spills response plans, which are structured at the local, regional and corporate levels.
 In 2024, we substantially reduced the volume of relevant oil and oil product spills, experiencing 12 spills greater than one barrel, which led our VAZO Indicator to reach a value of 14 m³, which represents a reduction of 18% compared to the 2023 result 17 m³. The causes of the events were analyzed, and the lessons were incorporated into our processes. Our 2024 result is expressively lower than the average of the results of our Peer Group in 2023(1) of 534 m³.
 
(1) Data on spills consulted in sustainability or similar reports published by companies that make up our peer group (BP, Chevron, Shell, Total, Exxon Mobil and Equinor).
 

Annual Report and Form 20-F 2024 |

As part of our environmental plans, procedures and efforts, we maintain detailed response and remediation contingency plans to be implemented in the event of an oil spill or leak from our offshore operations. The IBAMA audits, approves and authorizes the execution of these programs. In order to respond to these events, we have dedicated oil spill recovery vessels fully equipped for oil spill control and firefighting.
 We also have the structure of environmental defense centers, located in strategic areas to ensure rapid and coordinated response in case of onshore