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Investor Relations

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Social

Care for People

Clear diversity and inclusion targets for our workforce 

 

People

Our people’s management seeks to meet business needs, with respect and appreciation of people, through processes that provide their development, performance and good organizational climate, based on the Company’s values and ethical principles and recognition.

Furthermore, we have an associated objective with ESG (Environmental, Social, and Governance) practices, which is to contribute to Brazil’s socio-economic development, emphasizing the promotion of well-being and human rights. To achieve this, we strive to advance in diversity and inclusion actions, particularly regarding people with disabilities, racial issues, and gender issues.

In this context, aligned with the fact that we are a mixed economy company in which the majority shareholder is the federal government, the hiring of our employees in Brazil is conducted through a public selection process that is carried out with equal base salaries for men and women. In accordance with the commitment made with the Public Labor Prosecution Service, the next processes will have 25% reservation for people with disabilities, above the legal requirement of 20%, in addition to positions reserved for Black people, indigenous peoples and quilombo communities.

Remuneration and Benefits

With respect to direct remuneration, market research studies are conducted annually by specialized consulting firms, such as Willis Towers Watson and Korn Ferry Hay Group. The results demonstrate that salaries paid by the company are competitive in relation to best practices in the oil and gas market (this position has remained stable since 2007). Salary amounts practiced, without any distinctions as to regionality, gender or ethnicity, are reviewed and adjusted annually through negotiation with unions representing the professional category.

We have a conceptual model of variable remuneration, composed of the Performance Bonus (PRD) and the Profit Sharing and Results Programs (PLR), both for employees holding or not holding managerial positions; in addition to the Performance Bonus (PPP), exclusive for members of the Executive Board.

The PRD recognizes the individual performance of Petrobras employees, complementing the PLR. The bonus received depends on the achievement of four main metrics:

  • Petrobras Value Delta (VALOR)
  • Greenhouse Gas Target Achievement Index (IAGEE)
  • Oil and Derivatives Spill Volume Indicator (Vazo)
  • Specific targets – evaluated by Performance Management (GD) for all employees, or by the respective area’s scorecard for executive managers and equivalents.

In addition to direct and variable remuneration, and with the purpose of valuing the quality of life of our employees, we provide a series of benefits, including:

  • Multidisciplinary Health Care Plan (AMS)
  • Pharmacy Benefit Program
  • Parental leave granted in accordance with the maximum period established by law
  • Caregiver Assistance, for active employees who are PWD (Persons with Disabilities) with daily living needs
  • Educational benefits for employees’ children

Diversity

Petrobras treats diversity, equity and inclusion as a relevant topic for people management, governance and sustainability. Our approach combines public representation targets, corporate policies, the promotion of equal opportunities, mechanisms to prevent discrimination and harassment, and initiatives that also reach our suppliers.

In 2025, the percentage of women and Black people in leadership was 25.2% and 24.7%, respectively. In the same period, Petrobras’ nominations for seats on Boards of Directors, Advisory Committees, Executive Boards and Fiscal Councils of our equity investments reached 49% women and 28% people who self-declared as Black.

Our strategy is guided by targets that are public. By 2030, we seek to reach 26% women and 26% Black people in leadership positions. For Petrobras’ nominations in equity investments, the established targets have already been achieved (a minimum of 30% women by 2026 and a minimum of 20% people who self-declared as Black by 2028).

The main corporate instruments that support this topic are: the Diversity, Equity and Inclusion Policy; the Petrobras Position Statement on Diversity and on Combating Harassment and Discrimination; the Guideline on Prevention and Combating Discrimination, Moral Harassment and Sexual Violence; and the Guideline on Protection for Victims of Workplace Violence. The company also maintains initiatives for awareness-raising, training and monitoring of the topic within internal governance structures.

We are advancing actions to expand the participation of underrepresented groups in the company, in line with our values and with evolving market expectations regarding ESG practices. For the entry of new employees, we conduct public selection processes that follow quota policies. Internally, we have development programs and inclusion initiatives, such as affinity groups and mentoring programs, among others.
With regard to compensation, our Career and Compensation Plan does not differentiate by gender among people who hold the same position or rewarded function. Considering the same position, salary level, length of service, work arrangement and working conditions, the ratio of average compensation between women and men is equal to 1.

In addition, Petrobras maintains mechanisms for prevention, support and handling of complaints related to workplace violence, with emphasis on the Petrobras Program against Sexual and Workplace Violence (PPCVST), the 24/7 Whistleblowing Channel, and specific guidelines to protect victims. These initiatives reinforce the commitment to a respectful, safe and inclusive work environment.
Our approach also reaches our suppliers. Since November 2024, contracts with suppliers have incorporated a Human Rights Clause, prohibiting prejudice, discrimination, harassment, sexual exploitation, child labor and labor analogous to slavery. In 2025, 37% of relevant suppliers underwent human rights due diligence, 56% were trained in integrity and/or privacy, and 74% of strategic procurements expanded ESG requirements.

Finally, in addition to the company’s voluntary targets, Petrobras observes the legal frameworks applicable to state-owned companies and mixed-capital corporations, including Law 15,177/2025, which establishes a minimum percentage of women’s participation on boards, with gradual implementation and other breakdowns provided for by law.

Health and Safety

We have as values the prioritization of life, care for people and business sustainability, with a clear ambition: zero fatalities and zero spills. In order to achieve this objective, the company promotes a culture based on trust, transparency and continuous improvement, encouraging employee leadership and proactive risk management at all stages of operations. With a focus on excellence, the aim is to prevent impacts and ensure effective emergency responses, always in compliance with standards and commitments made, in addition to sharing best practices with partners and suppliers.

As part of the improvement process, we developed the Commitment to Life Program, which has been our main strategic initiative. This program is based on risk analyses and integrates health, safety and excellence culture actions, with a focus on care for people and environmental protection.

To strengthen our safety culture, we defined in 2016 the ten Golden Rules, based on the analysis of the most recurrent accidents in the oil and gas industry and our own historical record. Training in the Golden Rules is mandatory for all employees, both in Brazil and abroad. The Golden Rules are illustrated in the figure below.

Corporate Citizenship 

We develop various socio-environmental projects and sponsorships with the goals of responding to community demands in the territories where we operate, achieving positive socio-environmental transformations, consolidating relationships with our stakeholders, and enhancing our reputation.

The distribution and evolution of socio-environmental investments and sponsorships in cultural, sports, business, science, and technology over the past five years can be observed in the following graph (milion R$).


Last updated on February 11, 2021.
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