Petroleo Brasileiro S.A. (Petrobras) — Ethics Grade F
Petroleo Brasileiro S.A. (Petrobras) receives an overall ethics grade of F (18/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.
Category scores
- labor: 30
- privacy: 50
- consumer: 40
- environment: 20
- humanRights: 25
Documented incidents (3)
- Operation Car Wash (high, 2018) — The largest corruption scandal in Brazil's history involved billions in kickbacks to executives and politicians from overpriced construction contracts.
- Amazon Pipeline Leak (high, 2022) — A rupture in a pipeline in the Amazon rainforest led to significant crude oil contamination of indigenous lands and waterways.
- Platform Fatalities (medium, 2021) — Reports of multiple workplace accidents and deaths on offshore platforms due to cost-cutting on maintenance and safety equipment.
Documented good deeds
- Whale Protection Project — Funding long-term research and protection programs for Humpback whales in the South Atlantic.
Ethical alternatives
- Vestas Wind Systems — World leader in wind energy with high transparency and minimal environmental footprint.