The Petrobras Social Security Foundation (Petros) is Brazil’s second largest pension fund, with US$ 19 billion in assets, 136,000 participants and 37 supplementary pension plans. It was established in March 1970 and remains as a wholly owned subsidiary of National Oil Company Petróleo Brasileiro SA (Petrobas).
Established 1970
Assets under Management (AuM):
19
Alternative Assets: 7%
Mission
To pay benefits to our participants in an efficient, transparent and responsible manner, based on an excellent management (Public Pension Fund).
GSR Scoreboard
64% (10/10 Governance, 4/10 Sustainability, 2/5 Resilience) in 2022 (first year of assessment).
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