SÃO PAULO – Petrobras (PETR3;PETR4) informs that the company’s board of directors approved on Wednesday, 29, the allocation of BRL 300 million, over a period of 15 months, for the creation of a social program to support families in situations of social vulnerability to contribute to access to essential inputs, with a focus on liquefied petroleum gas (LPG), popularly known as cooking gas.
According to the company, the program aims to align the company’s social performance with that practiced by other peers market and is justified by the effects of the exceptional and emergency situation arising from the covid-19 pandemic.
“We are a socially responsible company committed to improving the living conditions of families, particularly women most vulnerable. The pandemic and all its consequences have brought more difficulties for people living in poverty. This fact alerts Petrobras to reinforce its social role, contributing even more to society”, says the president of Petrobras, Joaquim Silva e Luna, in a statement to the market.
The program model is in the final stages of studies, including the definition of the criteria for choosing families in a situation of vulnerability and the search for partners who can add up efforts and expand the amount to be invested, with the possibility of creating a fund that allows other companies to join the project.
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