Given the growing relevance of the sustainability agenda in the oil and gas sector, and the expansion of its activities through the SPOT Project, Açu Petróleo hired Catavento to define its Sustainability Strategy and revise its HSEQ Policy. The project focused on the definition of a corporate ambition, strategic sustainability guidelines, key initiatives and metrics, through context mapping and articulation with relevant executives and stakeholders such as customers and representatives of the financial sector.
The first phase of the project included the mapping of trends and analysis of the performance of peers in sustainability. At this stage, 16 interviews were also conducted among representatives of the shareholders Prumo and Oiltanking, board members, members of the Executive Board and teams, as well as customers, in order to capture their perceptions about the business environment in which Açu Petróleo operates and its potential business opportunities within the sustainability agenda.
In light of the mapped inputs, Catavento recommended Açu Petróleo’s Sustainability Strategy, based on ambition, pillars, guidelines, priority initiatives and metrics for measuring performance. The elaboration of the Strategy had several working meetings with the leadership of Açu Petróleo and, finally, recommendations for improvements in its HSEQ Policy were also suggested, incorporating more strategic aspects in its composition.