Materiality test

As provided in the GRI Sustainability Report Guidelines and aiming that the Social and Environmental Report fulfills the expectations of its stakeholders even further, Petrobras performed the Materiality Test for the second year. This is an inquiry to stakeholders to learn their opinion regarding the relevance of various sustainability-related topics. The participants were invited to answer a questionnaire on subjects to be rated according to their degree of importance.

The topics were selected according to some content criteria ranging from impacts and opportunities relating to Petrobras and the energy sector, often mentioned in the media, to the company’s strategic commitments. As in the last test, the participants could suggest items not included in the questionnaire.

In all, 103 people were consulted as representatives of the following segments:

  • > clients and resellers;
  • > scientific and academic communities;
  • > communities;
  • > end consumers (who fill up their vehicle at service stations);
  • > suppliers;
  • > the press;
  • > investors;
  • > partners (institutions and associations to which the company belongs);
  • > public authorities;
  • > internal public;
  • > third sector.

The participants selected assured the diversity of the group. Representatives of different sizes of companies in each area were invited. Therefore, the company considered feasible to collect more accurate information.

Three workshops were held: one with members of the Committee for preparing and assessing Social Responsibility Reports (representing the areas in the Petrobras System) and two with guests in Rio de Janeiro and São Paulo, as well as telephone inquiries. These were all run by BSD Consultoria, accompanied by Petrobras representatives.

This process helped visualize the topics both from the company’s and stakeholders’ viewpoint and the consolidation of the Materiality Matrix. The topics were organized in quadrants according to the degree of relevance obtained, as can be seen in the chart at the side.

This process helped visualize the topics both from the company’s and stakeholders’ viewpoint and the consolidation of the Materiality Matrix. The topics were organized in quadrants according to the degree of relevance obtained, as can be seen in the chart at the side.