Commitment to
Sustainability
At Minerva Foods, we understand that the moment demands more from all of us. Therefore, we reinforce our purpose of feeding the world in a more sustainable way through initiatives aimed at respect and environmental responsibility.
Road MAP 2035
Guided by science and technology, we managed to combine profitability and sustainability. In partnership with leading research institutions in South America, we are committed to combating climate change and illegal deforestation.
-
2025
Next step -
2030
Scale -
2035
Carbon Neutral
Expansion of geographic monitoring of direct supplying farms for all countries of operation in South America by 2030
- Paraguay until December 2021 (concluded);
- Colombia at 2023 (and now);
- Uruguay at 2025 (and now);
- Argentina until 2030 (and now).
Monitoring of indirect supplier farms
- Integration of the Visipec tool (for the Amazon) into the internal monitoring system by 2021 in collaboration with the National Wildlife Federation and the University of Wisconsin;
- Launching of the SMGeo Prospec app, in partnership with Niceplanet Geotecnologia.
Carbon Balance in farms with preliminary results in 2021.
Zero illegal disposal in the entire supply chain of South America.
Monitoring program for indirect supplying farms in all countries.
50% low carbon emission program for two beef suppliers.
Support the restoration of native vegetation aligned with the Decade of Restoration of Ecosystems of the United Nations.
Reduction of emission intensity by 30% (scopes 1 and 2).
Investment in technologies to increase the efficiency of effluent treatment.
Zero liquid emissions
Strategy
Through strategic actions to combat climate change and protect ecosystems, we are committed to reducing our emissions intensity by 30% by 2030 (compared to 2020).
Looking at emissions across the value chain as a whole, our target is to reach net zero emissions by 2035, 15 years ahead of the Paris Agreement. We are developing a robust decarbonization plan in accordance with internationally recognized methodologies.
“At Minerva we recognize that the sustainability of our business depends on maintaining the ecosystems that sustain agricultural production.
Our focus is on taking action now to prevent the worst effects of climate change, while supporting farmers in implementing practices that sequester and store carbon, protect biodiversity and increase resilience.
Our ambitious targets demonstrate the Company’s commitment to sustainability and will require strong leadership and collaboration, leveraging the best available science to guide all actions.”
Fernando Queiroz
CEO
OUR
GOALS
GOALS
Minerva Foods’ sustainability strategy is based on creating prosperous communities and contributing to a healthy planet.
We recognize the challenges and opportunities arising from our value chain and take a diversified approach to achieving our medium and long-term goals.
Environmental efficiency in the value chain
30% reduction in the intensity of emissions for scopes 1 and 2 by 2030 and reach emission neutrality by 2035 – 15 years before the forecast in the Paris Agreement.
Supply chain management direct suppliers
Expansion of geographic monitoring of direct supplying farms for all countries of operation in South America by 2030.
Supply chain management indirect providers
Development and implementation of a program to monitor indirect supplying farms for all countries of operation in South America by 2030.
Low carbon emission livestock
Integrate 50% two suppliers of cattle from Minerva Foods in their low carbon emission program, or Renove.
Target I
Increase geographical monitoring of direct suppliers to all countries of operation in South America by 2030.
Metric
Percentage of direct cattle suppliers monitored in each country of operation in South America.
Sub-target
- 100% of direct cattle suppliers in Paraguay monitored until December 2021;
- 100% of direct cattle suppliers in Colombia monitored by 2023;
- 100% of direct cattle suppliers in Uruguay monitored by 2025; and
- 100% of direct cattle suppliers in Argentina monitored by 2030.
Our Development
Minerva Foods is a pioneer in the industry in regards to monitoring 100% of its cattle suppliers, from all biomes in Brazil, and has achieved the best results in verification audits of monitoring criteria with 100% compliance.
In 2021, we completed the deployment of the geospatial monitoring system in Paraguay, delivering on our commitments and achieving 100% compliance in an independent criteria verification audit.
Today, there are 17,000 supplier farms monitored in Brazil, 4,000 in Paraguay, 5.000 in Argentina and more than 2.000 in Colombia.
% monitoring of direct supplier farms
Argentina
Brazil
Colombia
Paraguay
Uruguay
Target I
Develop and implement a program for the monitoring of indirect suppliers for all countries of operation in South America by 2030.
Metrics
In development.
Sub-targets
- Integration of the Visipec tool into the geographic monitoring system for the Amazon by December 2021;
- Application for the verification of indirect suppliers, in partnership with Niceplanet Geotechnology, for Brazil by December 2021 and other countries by 2030.
Our Development
Minerva became the first company in the industry to test and incorporate a monitoring tool for indirect suppliers, Visipec. By 2021, its implementation was finalized, and the tool is now part of the Company’s supply chain monitoring system.
Also in 2021, the Company launched, in partnership with Niceplanet Geotecnologia, the SMGeo Prospec application that enables socio-environmental analyzes for the entire agribusiness production chain. The app was a way for Minerva Foods to support its rural partners by providing access to the same technology that it uses in its supplier analysis, monitoring systems and risk mapping for all cattle purchases. The same technology that allowed the Company to obtain the best results in traceability among the main players in the sector.
Target I
To integrate 50% of its beef suppliers participating in the low carbon emission program, Renove.
Metric
Percentage of the Company’s direct suppliers participating in the Renova program.
Sub-target
In development.
Our Development
The Renove Program, created in 2021, promotes collaborative action with Minerva Foods’ cattle supply chain through the implementation of good practices for low-carbon livestock farming. Developed in partnership with leading institutions, the program uses primary data and internationally recognized methodologies to ensure robustness and scientific credibility, thus contributing to the sustainability of South American livestock.
In its first year, the program worked on three fronts, two of which were dedicated to mapping the carbon balance of supplier properties in South America and the third front aimed at connecting supplier farms with environmental assets and the voluntary carbon market, green finance and capacity building, with the intention of creating incentives for the expansion of low-carbon practices in livestock.
Target I – Reduce the intensity of emissions, for scopes 1 and 2, by 30% by 2030 (compared to base year 2020)
Metric
Emissions intensity: total Scope 1 and 2 emissions* per Tonne of Finished Product (TPA)**.
*Considers Scope 2 emissions neutralized through the purchase of Renewable Energy Certificates (I-REC).
**TPA considering the production of fresh meat, processed products, slaughter by-products, biodiesel and leather.
Sub-targets
10% reduction in emissions intensity for scopes 1 and 2 by 2026;
20% reduction in emissions intensity for scopes 1 and 2 by 2028.
Our Development
In 2021, a study was developed that evaluated emissions of Minerva Foods for scopes 1 and 2 over the last few years. It also evaluated the emissions profile of the protein production sector and outlined emission scenarios based on the Company’s operational and strategic perspectives, according to recognized methodologies, such as SBTi.
As a result, the company obtained, by means of a MAC Curve (Marginal Abatement Cost Curve), an estimate of the most efficient projects in terms of cost per emission abatement for prioritization in the coming years. The list of projects to be implemented, with impact on scope 1 emissions, include, among others, the modernization and replacement of technology at the Effluent Treatment Plants (ETE) and the substitution of fuels used in equipment and vehicles. The mitigation of emissions must be the main focus of the Company’s efforts, compensating only for those that cannot be eliminated.
With regard to scope 3 GHG emissions, originating from the value chain and for which we have indirect responsibility, in 2021, we expanded the accounting of scope 3 emission sources to other countries (Argentina, Chile, Colombia, Paraguay and Uruguay) and we include new sources of emissions and categories: ‘1 – Purchased goods and services’ (acquired livestock), ‘4 – Transport and distribution – upstream’ and ‘5 – Waste generated in operations’. monitoring new sources of emissions relevant to our business:
At the end of the year, we also started a new study, this time to determine the decarbonization plan focused on Scope 3 emissions. emissions by 2035
Emissions Intensity
(TCO2e/TPA)
2021
2020
Target II – Achieve emission neutrality by 2035 – 15 years ahead of the Paris Agreement.
Metric
Zero net emissions for scopes 1, 2 and 3.
Sub-target
Under development
Our evolution
In 2021, a study carried out with a specialized consultancy helped to define the decarbonization plan. The survey evaluated Minerva Foods’ emissions for scopes 1 and 2 in recent years, the emission profile of the protein production sector and designed emission scenarios considering the Company’s operational and strategic perspectives, based on internationally recognized methodologies. As a result, the Company obtained, through a MAC Curve (Marginal Abatement Cost Curve), an indication of the most efficient projects in terms of cost by abatement of emissions for prioritization in the coming years.
The list of projects to be implemented, with an impact on scope 1 emissions, includes, among others, the modernization and change of technology of the Effluent Treatment Stations (ETE) and the change of fuels used in the boilers in the operations in Argentina and Colombia. .
All the electrical energy that supplies Minerva Foods’ operations comes from a renewable source, with Renewable Energy Certificates, the I-RECs, guaranteeing traceability. In Brazil, wind energy certificates were acquired; in other South American countries, hydroelectric energy certificates. In Paraguay, there are no certificates because all the energy consumed is already from a renewable source. In this way, in addition to zeroing scope 2 emissions from the purchase of electric energy, the Company promotes the market for energy generated from renewable sources and with high performance. It is also the first company in Brazil to obtain the Renewable Energy Seal, issued by the Totum Institute in partnership with the Brazilian Wind Energy Association (ABEEólica) and the Brazilian Clean Energy Association (Abragel), which ensures, in addition to renewable origin, that the generating plants also adopt differentiated practices in the social aspects and in the relationship with the communities.
With regard to scope 3 GHG emissions, originating from the value chain and for which we have indirect responsibility, in 2021 we started monitoring new sources of emissions relevant to our business: ‘1 – Purchased goods and services’ (cattle and buffaloes) acquired), ‘4 – Transport and distribution – upstream’, ‘5 – Waste generated in operations’, ‘6 – Business trips’ and ‘7 – Employee commuting from home to work’. At the end of the year, we also started a new study, this time to determine the decarbonization plan focused on Scope 3 emissions. emissions by 2035.
Escope 1 emissions (tCO e)
2021
2020
Escope 2 emissions* (tCO e)
*It considers scope 2 emissions neutralized through the purchase of Renewable Energy Certificates (I-REC). Market approach.
2021
2020
Escope 3 emissions (em tCO e)
2021
2020
The race to
net issue
zero must be one
collective effort
Minerva Foods is engaged in partnerships and coalitions with the aim of jointly building solutions to combat climate change and boost the sector’s sustainability.
The actions and commitment assumed are based on decades of diligence aimed at improving environmental and social results, within the three strategic pillars of sustainability in the Company: Dedication to the Planet, Prosperity of Our People and Product Quality and Respect for Life.
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