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Ultrapar Participações is a publicly listed semi integrated oil and gas company headquartered in Brazil. In 2020, it had USD 15.64 billion in revenue and a reported 16,024 employees*. Ultrapar specialises in gas distribution and petrochemical production. The company approaches its low-carbon transition at the level of each individual business and has no consistent group-wide approach.

Ranking position
#47 /100
Total score
5.5 /100
Performance score
2.3 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)


10.2 /100 #24

Material Investment

0.0 /100 #84

Intangible Investment

0.0 /100 #20

Sold products

0.0 /100 #55


21.8 /100 #72

Supplier Engagement

28.8 /100 #16

Client Engagement

0.0 /100 #53

Policy Engagement

50.0 /100 #10

Business Model

0.0 /100 #52

Leading practices

No leading practices were identified for this company.

Risks and opportunities


Ultrapar receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. With no improvements in its scope 1 and 2 and scope 1, 2 and 3 emission intensities between 2014 and 2019, and no group-wide targets in place to reverse this trend going forward, Ultrapar will not be able to deliver the rate of change required by its 1.5°C pathway. To add to this, Ultrapar remains reliant on fossil fuels for its revenues and has no plans in place, for any of its businesses, to transition away from oil and gas towards low-carbon activities.

Progress towards the Paris Agreement

See results for

  1. 2023

More about the company

Sao Paulo, Brazil
Group revenue
BRL 81,241,102,000 (USD 15.64 billion)
Ownership structure
Publicly listed
Number of employees
Scope of activity
Semi Integrated