BRAZIL: PETROBRAS THE MOST SUSTAINABLE OIL COMPANY.

IPR Strategic Business Information Database, March, 2008

According to anba: Brazilian oil company Petrobras was considered the most sustainable oil company in the world by Spanish consultancy Management & Excellence (M&E). The company was in the first place in the ranking, with 92.25%. Last year, the organisation received 89.64%, losing only to Shell (90.16%).

This information was disclosed by the Petrobras Agency. Considered a global reference in ethics and sustainability, Petrobras was evaluated in 387 international indices, among them the reduction of emission of pollutants, lower energy consumption and transparent customer supply service. The company's growth with regard to the research last year was the greatest among the participants. According to the study, the company had the fastest progress among the main oil...