Our mission is to operate in a safe and profitable manner in the oil, gas and energy industry in Brazil and abroad, with social and environmental responsibility, providing products and services that meets clients' needs and contributes to the development of Brazil and the countries in which we operate.
Dow Jones Sustainability Index (DJSI)
For the second time, Petrobras earned the right to be listed on the Dow Jones Global Sustainability Index (DJSI), the most important global sustainability index, used as an analysis parameter by socially and environmentally responsible investors.
Petrobras has been acknowledged as one of the 20 most sustainable global oil and gas companies and as one of the seven most sustainable Brazilian companies, according to the Global Dow Jones Sustainability Index (DJSI). The DJSI evaluates the economic, environmental, and social performances of upwards of 2500 companies in 57 sectors worldwide, considering answers given to a questionnaire composed of 109 questions and based on analyses of news the media publishes about the companies.
According to the DJSI evaluation criteria, Petrobras stood out for its Transparency, Petrobras excelled in customer relations, name brand management, environmental performance, human resource development, and corporate citizenship.
Petrobras’ continued listing on the DJSI index is a recognition of the company’s efforts, over the past few years, in environmental performance, in transparency, and in corporate governance.
The outcome of the annual review will influence investment decisions made by asset managers of a global investor market that invests in socially and environmentally responsible companies. Data published by the United Nations indicate this market’s potential is worth more than $4 trillion, in addition to an excess of $5.6 billion in investments in companies listed in the DJSI indices.
Over and beyond sustainability, corporate governance, brand and risk management issues, the questionnaire also includes industry-specific matters such as climate change, requirements imposed on vendors, and social project management.
Corporate Sustainability Index of Bovespa
Petrobras has been admitted to the list of companies, whose shares compose the Corporate Sustainability Index of (ISE) Bovespa that demonstrate a high level of commitment to sustainability.
As a result of its participation in this index, the company's investors base is likely to broaden to include those investors who value environmental and social responsibility criteria, besides the financial performance in their investment decisions. The common and preferred shares of Petrobras will respectively weigh 11.2% and 13.88% in the index, totaling 25%, which is the highest individual share in the ISE.
The ISE's new portfolio will go into effect on December 01 2007 and remain valid through November 30 2008. It brings together 40 corporate stocks (common and preferred) issued by 32 companies performing in 13 sectors. These companies were selected for their policies, management practices, performance, and legal obligation fulfillment with regard to economic efficiency, environmental balance, social justice, product nature, and corporate governance. Jointly, the 32 companies' market value is R$927 billion, or 39.6% of BOVESPA'S total capitalization, currently worth R$2.3 trillion.
Management & Excellence (M&E)
A survey carried out by Management & Excellence (M&E) acknowledged Petrobras as the world’s most sustainable oil company. Ranked first, scoring 92.25%, the Company is seen as the global reference in ethics and sustainability. The analysis took 387 international indicators into account, among which reduced pollutant emissions and fewer oil leaks, lower energy consumption, and a transparent vendor service system.
The ranking’s criterion consider adjustments made to international standards, such as those set forth by the International Labor Organization (ILO), by the UN’s Global Compact, and by the Millennium Development Goals (MDG). Furthermore, the study also takes being listed in the Dow Jones Sustainability Index, in addition to the company’s Social and Environmental Balance being presented pursuant to guidance provided by the Global Reporting Initiative (GRI) into account.
The survey was carried out directly at all of the companies and via the press. In the oil and gas industry segment, M&E evaluates performance in corporate governance, ethics, transparency, sustainability, and social responsibility.
In the latest survey, published in 2007, Petrobras had ranked second, with a total score of 89.64% and only trailing Shell (90.16%). It was the company that rose the most among all participants, and was singled out as the fastest grower among the world’s biggest oil sector companies in the past three years.
This outcome shows the company’s acknowledgement and commitment to government, transparency, social and environmental responsibility issues, to investor relations, and to communications with all stakeholders.
Goldman Sachs
Goldmans ranks Petrobras among the six most sustainable investing companies in its 2005 Sustainable Investing in the Energy Sector Report. This means that Petrobras scored high on the Environmental, Social and Governance Index (ESG)(i), has Top 100 assets (ii) and high cash returns (iii). The ESG ranks companies in five areas - corporate governance, environmental and social management, social, environment and investment in the future - based on 2002-2004 data.
The report finds a strong correlation between leaders in the ESG Index and exposure to new legacy assets which will drive corporate returns in the medium term. The ESG Index is based on published information and information disclosed by the companies in the course of the analysis. Petrobras obtained the highest governance score and third in the investment in the future category. According to the study, among the Emerging Market Regionals, Petrobras is the clear leader across all categories.
Sustainable Investment Research International Group - SiRi)
Petrobras appointed Centre Info SA, the Swiss research partner of SiRi Company, to provide a Pro-Sustainability Scan for a selected group of peers. Pro Sustainability Scan is the execution of a benchmark analysis, where the assessment of Petrobras
is measured against the rating of selected companies active in the same sector (Oil & Gas)
Petrobras obtained the score of 73, which is the best rating, rewarding its strong commitment to sustainability. Its sustainability score exceeds by 20% the global industry average of its peers. The sustainable performance evaluations are spread between 47 and 73, with an average rating of 59.2.
The benchmark analysis shows how Petrobras performs socially and environmentally compared to other companies within the Oil & Gas sector. The SiRi Company research model which SiRi Company focus on the following seven primary areas: Community, Business Ethics, Corporate Governance, Customers, Employees, Environment, Contractors.
 Complete Petrobras Profile developed by SiRi Company. (PDF)
 
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