Sustainability
Report
2025

Logo 2025 Sustainability Report

PRIO celebrated its tenth anniversary in 2025, establishing itself as Brazil's biggest independent oil and gas exploration and production (E&P) Company. With head offices in Rio de Janeiro and operations in the Campos Basin (RJ and ES), the Company invests in the redevelopment of mature fields to improve recovery rates, increase efficiency, and reduce costs.

2025 Highlights

Total revenue
US$ 2.5 billion
Market value
US$ 6.58 billion
Funding
US$ 700 million

in bonds and US$ 745 million in local debentures

Cost efficiency

Lifting Cost of

US$ 13.9/boe

↓ Decrease of 60.4% since 2015

2025 Highlights
Agenda ESG

PRIO has adopted a Double Materiality approach as a means of assessing both the Company's impact on the environment and on society, as well as the financial risks that climate change and regulation pose to the business.

Environmental
Average emissions of 27.7 kgCO₂e/boe

Compared to the base year 2021, PRIO recorded an 8% reduction in emissions. In the short term, operational challenges impacted the indicator’s performance, resulting in an increase compared to 2024. Measures to address the factors that contributed to this outcome are already underway.

Investment of

US$ 25.9 million,

through TAC Frade, in projects such as porpoise conservation, environmental education, and marine and fisheries research.

For the second consecutive year, we received a

B rating in the CDP Climate Report,

demonstrating consistent performance in line with industry best practices in the oil and gas market.

Social
95% of employees are shareholders,

aligning their "owner's mindset" with long-term results.

Achievement of historic safety levels with a

TRIR of 0.72 and TESP 1 of 0

reflecting a significant reduction compared to 2024, outperforming the industry’s international benchmark.

Founding of the

PRIO Institute:

a self-governed, nonprofit organization designed to transform impactful initiatives into large-scale, structured programs focused on Environmental Education, Biodiversity, and Blue Economy.

More than

US$ 23.7 million

has been invested, through the IPRIO platform, in over 65 projects in the fields of culture, sports, and social impact.

The

Reação Offshore

program made progress in terms of inclusion and employability, with a record number of applications and 28% female participation in the positions offered.

Governance

PRIO's Board of Directors has

50% independent members,

exceeding the 20% required by the B3's Novo Mercado. The Sustainability Committee assists the Board in integrating social and environmental issues into the corporate strategy.

200 documents were reviewed

to identify opportunities which can strengthen the culture of ethics and integrity.

Approval of the Company's

Human Rights Policy

guiding practices throughout the value chain.