Transparency,
innovation and
socio-environmental
impact
PRIO believes that growing responsibly is an essential part of our strategy. Accordingly, we invest in initiatives that reduce negative environmental impact, foster social transformation and guarantee solid and transparent governance.
Fighting
climate
change
Climate change is a reality. For this reason, we strive to produce in an increasingly sustainable way, increasing the efficiency of our operations and reducing our environmental impact.
The revitalization of mature fields is an essential part of this strategy, allowing to extract more value from existing assets with less impact.
Check out PRIO’s initiatives to face this challenge below.
Protecting biodiversity
We are increasingly committed to actively preserving nature and biodiversity. To this end, we have developed conditioning projects to obtain production and drilling licenses, which help mitigate impacts on the environment and the communities around us.
Short term 0-1 year
- Identify climate-related risks and opportunities.
- Implement operational synergies which, through efficiency gains, are capable of reducing the emissions associated with production.
Medium term 1-3 years
- Estimate an internal carbon price and study how it relates to a possible portfolio of projects capable of mitigating emissions.
Long term 3-10 years
- Evaluate and implement, where applicable, measures to mitigate climate risks and adaptation costs, considering recognized climate scenarios and, particularly, research opportunities in carbon capture and other effective techniques against emissions.
Socio-environmental dimension:
impact with
belonging
At PRIO, we invest in socio-environmental projects with a focus on transforming lives and generating lasting positive impact. Our initiatives promote socio-economic development and strengthen education for public environmental management.
We have built a relationship of trust, transparency and dialog with the communities in our area of influence. Among the pillars of this connection are the Social Communication Project (SCP), the Environmental Education Project (EEP) and the Workers’ Environmental Education Project (EEPW), which reinforce our commitment to dialog and transparency with local communities and our employees.
Check out the projects that are part of this integrated and empowering vision:
EEP
PEA Foco
SCP
EEPW
EEP Observation Network: participation and social transformation
The Environmental Education Project (EEP) fosters the engagement of communities in public environmental management and monitors socio-environmental impacts in 11 municipalities in the Campos Basin. The initiative already directly involves 180 people, focusing on social groups in vulnerable situations, such as: fishermen, quilombolas and family farmers.
In 2024, as a social investment, we launched the School Acceleration Program, with tutoring in Portuguese, mathematics and socio-emotional skills for young people and adults from the Observation Network project, expanding development opportunities in the communities.
PEA Foco: community strengthening and female leadership
PEA Foco promotes the creation and strengthening of community organization across nine fishing communities in the cities of São João da Barra and São Francisco de Itabapoana, with focus on women who work directly or indirectly in the artisanal fishing value chain.
The project aims to foster women’s empowerment and recognition of their role and contributions across the region’s economic, social and environmental spheres, while respecting the interdependent relationships that are intrinsic to community life.
SCP – Social Communication Project
This project informs the fishing community about oil and gas production and drilling activities in PRIO’s fields, what the social and environmental impacts are, the projects that are carried out as license conditions and the direct communication channels that society in general has with PRIO.
EEPW – Environmental Education Project for Workers
The aim of this project is to develop a critical view of the impacts generated by oil and gas drilling and production activities among the workers involved in PRIO’s activities.
EEP Observation Network: participation and social transformation
The Environmental Education Project (EEP) fosters the engagement of communities in public environmental management and monitors socio-environmental impacts in 11 municipalities in the Campos Basin. The initiative already directly involves 180 people, focusing on social groups in vulnerable situations, such as: fishermen, quilombolas and family farmers.
In 2024, as a social investment, we launched the School Acceleration Program, with tutoring in Portuguese, mathematics and socio-emotional skills for young people and adults from the Observation Network project, expanding development opportunities in the communities.
PEA Foco: community strengthening and female leadership
PEA Foco promotes the creation and strengthening of community organization across nine fishing communities in the cities of São João da Barra and São Francisco de Itabapoana, with focus on women who work directly or indirectly in the artisanal fishing value chain.
The project aims to foster women’s empowerment and recognition of their role and contributions across the region’s economic, social and environmental spheres, while respecting the interdependent relationships that are intrinsic to community life.
SCP – Social Communication Project
This project informs the fishing community about oil and gas production and drilling activities in PRIO’s fields, what the social and environmental impacts are, the projects that are carried out as license conditions and the direct communication channels that society in general has with PRIO.
EEPW – Environmental Education Project for Workers
The aim of this project is to develop a critical view of the impacts generated by oil and gas drilling and production activities among the workers involved in PRIO’s activities.
TAC Frade:
direct impact on those who
need it most
In 2019, when we took over the Frade Field, we also made a commitment to the future: the Conduct Adjustment Term (TAC), in the amount of R$ 95 million, aimed at positively transforming the coastal region of the state of Rio de Janeiro. More than an investment, the objectives of TAC Frade’s cover social and environmental development, with a focus on conserving marine biodiversity, strengthening artisanal fishing and environmental education.
Through our own methodology, we decentralize investments and make it possible for grassroots institutions linked in some way to artisanal fishing to access TAC resources. In total, over 100 projects have been supported in recent years.
Discover PRIO Institute and learn how we advance on our mission of transforming challenges into real solutions, connecting communities, ecosystems, and knowledge to build a more sustainable future.
2024
Sustainability
Report
Our Report presents progress in emissions, safety, environmental management, diversity and social impact. We bring you open data, clear targets and the challenges faced throughout the year.