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Indicators

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We have the principle of acting with responsibility and transparency in the disclosure of concrete data regarding our commitments, goals and management practices regarding our sustainability agenda. Therefore, we have created the Central de Indicadores.  A dashboard used to monitor our progress over the years; as well as the Frequently Asked Questions section, in which we have listed the most key information about our strategic pillars. 

Indicators Center


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The dashboard features the sustainability indicators for which we have monitored over a three-year historical series (2019, 2020, and 2021) divided into nine macro areas. The selection was based on the Global Reporting Initiative (GRI), Sustainability Accounting Boarding (SASB), Task Force on Climate-related Financial Disclosures TCFD methodologies and correlated with the United Nations Sustainable Development Goals (SDGs) as well as the Sustainability Commitments of Minerva Foods.

Report Methodology

 

                      

2021 Indicators Download 

Download the complete base of indicators available on the portal in excel spreadsheet format. 

 

Download file 
Download in Excel

Frequently Asked Questions


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In this section we provide information regarding the most frequently asked questions concerning our strategy for sustainability. If you cannot find the information you are looking for, we have a channel for clarifying doubts and indicating suggestions through the email: sustentabilidade@minervafoods.com.

Minerva Foods, recognizing that the sustainability of its business is dependent on maintaining the ecosystems that support agricultural production, publicly announced its commitment to the sustainability agenda in April 2021. ​

More information can be found in the section ‘Our Commitment to Sustainability’.

The core objective in the commitment to sustainability is to drive Minerva Foods’ transition to a low-carbon economy, transforming it into a carbon-neutral company (net zero emissions) by 2035, 15 years ahead of the Paris Agreement. To achieve this, the Company will focus on three major areas:​

1. Scopes 1 and 2 GHG emissions – Environmental Efficiency of operations::

1.1 Reduce by 30% the intensity of GHG emissions in scopes 1 and 2 by 2030; and

1.2 Maintain the energy matrix carbon neutral (net zero emissions in scope 2 – target already achieved in 2020).

2. Scope 3 GHG emissions – Zero illegal deforestation throughout the supply chain (direct and indirect suppliers) for all countries of operation in South America by 2030:

2.1 100% geographic monitoring of direct suppliers in Paraguay by December 2021 (target achieved by December 2021), Colombia by 2023, Uruguay by 2025 and further extension to other South American countries by 2030; and

2.2 Development of a monitoring program of indirect suppliers in all countries of operation in South America by 2030, including 

2.2.1 Integration of the Visipec tool into the geographic monitoring system for the Amazon by December 2021 (target reached four months ahead of schedule);

2.2.2 Release of an app to verify the indirect suppliers in Brazil, in partnership with Niceplanet Geotecnologia, by December 2021 (target reached two months ahead of schedule)

3. Scope 3 GHG emissions – Renove Program, low carbon emission in the supply chain:

3.1 50% of beef suppliers taking part in the Renove program by 2030; and

3.2 Establish a partnership with research institutions to apply a methodology to monitor, report and verify the carbon balance of suppliers in South American countries of operation, with preliminary results expected in 2021 (target reached with the release during the United Nations Climate Change Conference – COP26).

More information can be found in the section Our Commitment to Sustainability.

Minerva Foods is constantly advancing in its ESG agenda and is evaluating the incorporation of objectives and goals on the social and corporate governance fronts over the next few years. ​

Our current initiatives on both fronts can be accessed on our sustainability website under the sections ‘Prosperity of our People‘ and ‘Solid and Committed Management‘ and in the ‘Sustainability Report’.

Minerva Foods is involved in national and international agreements and partnerships, with the aim of addressing socioenvironmental issues and boosting sustainability throughout the entire livestock value chain. 

  • Brazil: the Company is a signatory to the ‘Compromisso Público da Pecuária‘, the Termo de Ajustamento de Conduta (TAC) with the Ministério Público Federal do Pará and the Protocolo de Monitoramento de Fornecedores de Gado da Amazônia (in partnership with the Ministério Público Federal and Imaflora), in addition to participating in the Grupo de Trabalho da Pecuária Sustentável (GTPS) and the Grupo de Trabalho dos Fornecedores Indiretos (GTFI). Minerva Foods is also a signatory to Pacto Nacional pela Erradicação do Trabalho Escravo, in which it has action plans based on InPacto’s ten commitments. Among the actions are, for example, guidance campaigns with business partners on the subject;
  • Colombia: the Company participates in the Mesa de Ganadería Sostenible de Colombia;
  • Paraguay: the Company participates in the Mesa Paraguaya de Carne Sostenible (MPCS);
  • Global: the company participates in the Global Roundtable for Sustainable Beef  (GRSB), Responsible Leather Roundtable (RLRT) and the Emerging Markets Investors Alliance (EMIA).

Minerva Foods also has its own initiatives ‘Falando de Pecuária‘ (Speaking of Livestock) and ‘Laço de Confiança‘ (Bond of Trust), in which information is shared with suppliers through presentations, meetings and communications sent with a wide variety of content, including good socioenvironmental practices. In addition to these initiatives, Minerva Foods also launched the Renove program in 2021 to support low carbon livestock farming. 

More information can be found in the sections ‘Dedication to the Planet’, ‘Prosperity of our People’, ‘Product Quality and Respect for Life’ e ‘Renove Program’.​

Social and environmental criteria are related to land, social and environmental regularity, and all Minerva Foods suppliers undergo this verification. The definition of the policy that defines social and environmental criteria is based on local legislation in each country where the Company operates and the availability of data for monitoring.​

Brail:

  • Land tenure regularity: compliance upon presentation of tenure documents and SICAR (Rural Environmental Registry)
  • Social regularity: compliance through consultation with the Ministry of Labor’s so-called ‘Dirty List of Slave Labor’ in regards to slave labor convictions, and through geospatial monitoring, in partnership with Niceplanet Geotecnologia, in which the overlapping of the map of direct suppliers with indigenous lands and traditional communities territories is carried out; and
  • Environmental regularity: compliance through consultation of the IBAMA’s embargo list, in addition to geospatial monitoring, in partnership with Niceplanet Geotecnologia, in which the overlapping of the direct suppliers map with deforestation polygons and environmental protection areas is carried out

Paraguai:

  • Social regularity: compliance through geospatial monitoring, in partnership with Niceplanet Geotecnologia, in which the overlapping of the map of direct suppliers with indigenous lands is carried out; and
  • Environmental compliance: compliance through geospatial monitoring, in partnership with Niceplanet Geotecnologia, in which the map of direct suppliers is overlaid with areas of illegal deforestation and public protected areas.

In Colombia, in 2021, Minerva Foods started the geographic assessment and study of the country’s legislation, in order to evaluate the methodology that will be used for monitoring and which criteria are applicable in respect to existing legislation. Other countries will follow the timeline established in the Commitment to Sustainability.

More information can be found in the sections Our Commitment to SustainabilityDedication to the Planet e Prosperity of our People’.

As per the socio-environmental criteria of Minerva Foods, 100% of direct cattle suppliers are monitored throughout the Brazilian and Paraguayan territory. Future plans for expansion to other countries are underway, as per the Commitment to Sustainability disclosed in 2021. ​

In addition to inquiry and documentary verification, through the geospatial monitoring platform SMGeo, developed by Niceplanet Geotecnologia, the map of direct suppliers is overlaid with available information based on the social and environmental criteria established in each country of operation (criteria established according to local legislation and availability of data for monitoring). ​

In Brazil, an API was developed to integrate Minerva Foods’ internal systems with SMGeo, so that all cattle sell transactions undergo socioenvironmental monitoring, and in the event that any liability or irregularity is detected, the purchase is canceled and the supplier is entered in the Company’s blocking system until it has been regularized. Thus, the system itself prevents any attempt to initiate internal negotiations. This same monitoring platform, SMGeo, is also used in Paraguay. The platform has a division of the cartographic and socio-environmental analysis process that is under the responsibility of an environmental technician, who performs an assisted analysis of the geographic data.​

More information can be found in the sections ‘Our Commitment to Sustainability’, ‘Dedication to the Planet’ e ‘Prosperity of our People’.​

Minerva Foods has zero tolerance for noncompliance with its socioenvironmental criteria. If a supplier presents a non-compliance with any social and environmental criteria, it will be automatically barred from any purchasing operation.

More information can be found in the sections Dedication to the Planet’ e Prosperity of our People’.

Based on its public commitments and established social and environmental criteria, Minerva Foods annually carries out audits to verify compliance and effectiveness of its monitoring systems by independent entities.

In Brazil, Minerva Foods had continuously received the top results in the audit supervised by the Public Prosecutor’s Office of Pará among major players for 2018, 2019 and in 2020. The Public Prosecutor’s Office audit is the only official audit that is independently verified in Brazil under supervision of legal authorities. All results are reliable and publicly disclosed by the PPO.

In Paraguay, for the second year running, an audit was carried out on the local supply chain by BDO RCS Auditores Independentes. In this process, we achieved compliance with all the socio-environmental criteria and procedures established by the Company.

All reports of the audits performed are publicly available at ‘Dedication to the Planet’ and the result of the Public Prosecutor’s Office latest audit can be accessed at.

Minerva Foods is an export-oriented company, with 68% of gross revenue coming from the export market for 2021 and 73% of purchases originating outside the Amazon region in Brazil. The Company is recognized internationally for supplying premium quality beef to over 100 countries that require the highest standards of traceability, food safety, animal welfare and full environmental and labor compliance based on their own mandatory criteria for importation.

In order to meet the most rigorous export requirements of countries such as the European Union, the United States, China and others, it is imperative that cattle suppliers invest in genetics and breeding, animal welfare and handling, pasture and soil management and in legal compliance related to environmental and labor issues. Cattle ranchers who are able to meet these standards have more profitable operations..

These are professional cattle ranchers, who made the investments to become suppliers to the export markets, who do not regard forest fires, illegal deforestation or noncompliance with the law as beneficial, but rather as detrimental to their livelihoods and the future of their businesses. These are the cattle ranchers that make up the list of suppliers to Minerva Foods.

The efforts of Minerva Foods, in partnership with civil society organizations, academic institutions, and private initiative, are based on tangible initiatives that have an impact today, defining Minerva Foods as a leader in combating illegal deforestation at the level of the indirect livestock suppliers in the Brazilian Amazon region. ​

Together with Friends of the Earth, the National Wildlife Federation and the University of Wisconsin-Madison, in the United States, the Company publicly released the results of its monitoring of indirect suppliers, carried out in trials with the Visipec monitoring tool at industrial facilities, located in the states of Mato Grosso and Rondônia, and for live cattle export operations in the state of Pará. In addition to Visipec, Minerva Foods launched the first mobile App designed for rural producers, based on the understanding that efforts to strengthen traceability in the chain must be a joint undertaking. SMGeo Prospec was developed together with Niceplanet Geotecnologia, enabling the analysis of social and environmental factors for the entire agribusiness production chain.​

Some of the greatest challenges are due to lack of access or in some cases the absence of official data needed to verify other links in the supply chain.​

More information can be found in the sections ‘Our Commitment to Sustainability’ e ‘Dedication to the Planet’ and on the following links: https://www.visipec.com, https://gtfi.org.br/en/ and on our Minerva Foods Youtube channel.​

Visipec is a traceability tool developed by the National Wildlife Federation NWF in partnership with the Gibbs Land-Use and Environment Lab at the University of Wisconsin-Madison (“UW”) and currently managed by the National Wildlife Federation NWF, which works in a complementary way to the monitoring systems used by Minerva Foods. The tool provides the Company with the ability to include its indirect livestock sourcing properties in its existing supply chain management systems, helping to reduce levels of uncertainty regarding supply and potential risk exposure related to deforestation and other social and and environmental criteria.​

Indirect cattle suppliers were evaluated according to best practice criteria established by the Working Group for Indirect Suppliers (GTFI), a multisectoral initiative in which Minerva Foods is a participant.​

The results been encouraging, and and strengthen the pioneering spirit of Minerva Foods in Sustainability. Over 99% of the direct cattle suppliers analyzed are in compliance with best practices established by the GTFI, and therefore in compliance with deforestation monitoring for Minerva Foods’ Tier 1 indirect cattle suppliers. A total of 7,725 indirect cattle suppliers have been verified, resulting in a ratio of 1.6 indirect suppliers for each direct supplier. ​

Minerva Foods has become the first company in the industry to integrate the tool into its monitoring system, thanks to its innovative trials with Visipec. The Company reached the goal of integrating the monitoring system for indirect cattle suppliers four months ahead of schedule, from the initial target date of December 2021. The tool is apt and valid for use in all Brazilian Amazon states, which represented around 34% of Minerva Foods’ purchases in 2020 and 27% in 2021. ​

More information can be found in the sections ‘Our Commitment to Sustainability’ e ‘Dedication to the Planet’ and on: https://www.visipec.com, https://gtfi.org.br/en/.​

With the understanding that efforts aimed at strengthening traceability along the chain must be done collective, Minerva Foods launched the first mobile App designed for rural producers that enables them to monitor their own suppliers. SMGeo Prospec was developed together with Niceplanet Geotecnologia, enabling for socio-environmental analyses of the entire agribusiness production chain.​

This application enables Minerva Foods to provide its rural producers with access to the same technology it uses in its own analysis of suppliers. The same technology which has allowed the Company to obtain the best results in traceability among the main players in the industry. The database provides information about the compliance of landowners by cross-referencing the Ministry of Labor’s so-called ‘Dirty List of Slave Labor’ and the lists of environmental embargoes. It also has the ability to display maps and satellite images to visualize the compliance of the property in relation to overlapping embargoed areas, areas of deforestation, indigenous lands, conservation units, and invasions in territories of traditional communities.​

By providing the SMGeo Prospec App to the production chain, Minerva Foods has encouraged its suppliers to monitor their own suppliers (ranch properties of indirect suppliers), thus decreasing the risks associated with animals originating from areas that do not comply with socio-environmental standards and laws.​

More information can be found in the sections ‘Our Commitment to Sustainability’ and ‘Dedication to the Planet’ as well as on our Minerva Foods Youtube channel.

DEFORESTATION:

Minerva Foods, adopts the definition stated by the Accountability Framework, where deforestation is defined as the complete removal of native or planted forest cover, according to the characteristics of each region.

CONVERSION:

Conversion of land characteristics does not necessarily represent deforestation. Minerva Foods adopts the the definition stated by the Accountability Framework, where conversion is defined as the change of the natural ecosystem to another land use, such as, for example, the allocation of areas with natural pasture for cattle grazing or agricultural planting.

BIOME:

Minerva Foods adopts the definition of biome as per the Brazilian Institute of Geography and Statistics (IBGE), where biome is defined as a combination of plant and animal life, constituted by the grouping of vegetation types that are close together and that can be identified on a regional level, with similar geology and climate conditions and that, historically, have undergone the same landscape formation processes, resulting in a diversity of flora and fauna of their own. In this way, each biome can have specific parameters and characteristics that define its Forests.

Sustainability is one of Minerva Foods’ five values, present in all operations and governance structures. In 2021, the Company announced its commitment to sustainability with a focus on combating climate change and illegal deforestation, recognizing that business sustainability depends on maintaining the ecosystems that make agricultural and livestock production viable.​

Minerva Foods is committed to its process of transitioning to a low-carbon economy, investing in technologies that mitigate greenhouse gas emissions in the livestock value chain in order to achieve emissions neutrality by 2035.​

More information can be found in the sections ‘Our Commitment to Sustainability’.​

Minerva Foods, through its corporate sustainability area, uses software to collect operational data and calculate GHG emissions. This work is carried out on a monthly basis and covers operations in Brazil, Argentina, Chile (distribution), Colombia, Paraguay and Uruguay. The results are consolidated in the Corporate Inventories of GHG Emissions published annually. For the second consecutive year, the results were audited by KPMG.​

Striving for an increasingly transparent relationship with its stakeholders, the Company discloses the results of the measurements of its GHG emissions in the Sustainability Report and on the ‘Index Dashboards’ section, in addition to publishing them in the Public Emissions Registry of the Brazilian GHG Protocol Program (since 2015). In 2021, for the first time ever, Minerva Foods received the program’s “Gold Seal” in the inventory for the base year 2020.​

The development of the Company’s GHG emission reduction targets can be accompanied in the section ‘Our Commitment to Sustainability’.​

More information can be found in the Sustainability Report, ‘Index Dashboards’ section, as well as on Minerva Foods page on the Public Emissions Registry of the Brazilian GHG Protocol Program.​

Minerva Foods has increasingly improved each year in the measurement of its direct and indirect (from the value chain) GHG emissions. In 2021, for the first time, the Company included scope 3 emissions in its Corporate Inventory of GHG Emissions (base year 2020). Scope 3 emissions were measured for the Brazilian operations and included categories ‘4 – Transport and distribution – upstream’ (partial), ‘6 – Business travel’ and ‘7 – Employee home-work commute’.​

In the Corporate Inventory of GHG Emissions (base year 2021), the Company expanded the accounting of scope 3 emission sources to other countries (Argentina, Chile, Colombia, Paraguay, and Uruguay) and included new categories: ‘1 – Purchased goods and services’ (purchased livestock), ‘4 – Transport and distribution – upstream’ and ‘5 – Waste generated in operations’. ​

More information can be found in the sections Sustainability Report, on the section ‘Index Dashboards’ and on the Public Emissions Registry of the Brazilian GHG Protocol Program.​

In 2021, Minerva Foods disclosed its commitment to sustainability with a focus on combating climate change and illegal deforestation. The Company publicly declared its targets of achieving a 30% reduction in GHG emissions intensity (base year 2020) by 2030 for scopes 1 (direct emissions from operations) and 2 (indirect emissions related to the acquisition of energy), and achieving carbon neutrality by 2035, 15 years ahead of the Paris Agreement.​

In 2021, Minerva Foods became the first Brazilian company to receive the “Renewable Energy” Seal, issued by the Totum Institute, in partnership with the Associação Brasileira de Energia Eólica (ABEEólica) and the Associação Brasileira de Energia Limpa (Abragel). The initiative allowed the company to neutralize scope 2 GHG emissions in line with its commitment to sustainability .​

Throughout 2021, the Company also developed a study, together with a specialized consulting firm, in order to identify and prioritize projects for mitigating GHG emissions for scopes 1 and 2. This process will continue throughout 2022, with a focus on scope 3 emissions (indirect emissions not related to the acquisition of energy).​

A further noteworthy initiative is the creation of the Renove program, which will act to engage and work together with cattle ranchers towards implementing low-carbon practices on the ranch properties that supply cattle. The Company aims to enroll 50% of its supply chain in the program by 2030.​

The evolution of the Company’s GHG emissions reduction targets can be followed in the section ‘Our Commitment to Sustainability’. More information can be found at the Sustainability Report, in the sections ‘Dedication to the Planet’, ‘Renove Program’ and on the ‘Index Dashboards’ and on the Public Emissions Registry of the Brazilian GHG Protocol Program.​

The year 2021 marked the launch of the Renove Program, designed to engage and work together with cattle ranchers, that supply Minerva Foods, in the implementation of low carbon emission cattle ranching practices. In its first year, the Program developed three projects with reference partners in South America.​

The first project, together with Embrapa, calculated the carbon balance of 22 farms in Brazil (period from June 2020 to July 2021). The study covered 71,400 hectares and more than 250,000 head of cattle. The 22 participating ranch properties supplied 12% of the volume of cattle purchased in Brazil for 2021. The initial results indicate that 21 ranches emit less than the national average for livestock activity and 10 of the ranches analyzed sequester more carbon than they emit through best practices, resulting in negative carbon.​

The second project, carried out in partnership with Imaflora, calculated the carbon balance and the intensity of emissions in 5 different ranch properties in each country of operation, Argentina, Brazil, Colombia, Paraguay, and Uruguay; for a total of 25 ranches, 490 thousand hectares, and 232 thousand heads of cattle. The estimate of the intensity of emissions in global beef production, obtained from the analysis of more than 30 scientific papers, was 19.9 tons of CO2e per ton of beef produced. The 25 suppliers of Minerva Foods are ranked between 11% and 69% below the global average of emissions, with the average being 44% below. When evaluating the carbon balance of the production system for each one of them, which includes the emissions and removals that occur on the property, three of the the ranches were found to be carbon negative. The results were presented at the UN World Climate Conference (COP26). All the data are published at https://carbonontrack.imaflora.org/.

The third project, carried out in partnership with Santos Lab and Biofílica Ambipar Environment, used remote sensing technologies to analyze the presence of environmental assets on 382 ranch properties in Brazil and Paraguay. Of these, 60 suppliers were invited to participate in the pilot project, 10 of which were located in the Paraguayan Chaco and 50 in Brazil. The project aims to connect these farms with the voluntary carbon market, green finance, and capacity building, with the intention of creating incentives for the expansion of low carbon practices in cattle ranching.​

The Renove Program aims to expand these activities throughout 2022, with constant methodological improvement in order to maintain soundness and scientific credibility, thus contributing to the recognition of the sustainability of South American cattle breeding. ​

More information can be found in the sections ‘Renove Program’.​

Created in 2021, MyCarbon is a subsidiary of Minerva Foods. It is designed to help companies to reach their goals of neutralizing greenhouse gas emissions through carbon offsetting, in a manner that is transparent, reliable, and sustainable. The company develops projects, originates and trades carbon credits, in line with international standards, thereby creating financial opportunities for the preservation of nature, accelerating the drive against climate change, and promoting a low-carbon future.​

MyCarbon is part of the efforts Minerva Foods has made to implement initiatives that promote a more sustainable, low-carbon livestock production, supporting ranchers throughout South America in adopting a technology-based production system that contributes towards reducing emissions in the value chain. In 2021, MyCarbon carried out its first contract for the certified emissions reduction.​

In all, 50 thousand tons of carbon equivalent units (Verified Carbon Units) were traded. Each carbon unit corresponds to one ton of CO₂ that was no longer emitted into the atmosphere, which transforms the trading into an effective way of reducing the planet’s greenhouse gas emissions..​

More information can be found at ‘MyCarbon’ website.​

Sustainability and profitability are clearly recognized as interdependent at Minerva Foods. The Company is committed to fighting climate change and illegal deforestation, driven by science and in partnership with leading research institutions in South America.

Throughout 2021, Minerva Foods developed a study with a specialized consulting firm to identify and prioritize projects to mitigate GHG emissions for scopes 1 (direct emissions from operations) and 2 (indirect emissions related to energy acquisition). In 2022, this project will continue, with a focus on scope 3 emissions (indirect emissions not related to energy acquisition). Both projects take into account decarbonization scenarios according to SBTi’s methodology.

Along with the Renove program, the Company seeks to strengthen partnerships with research institutions, such as Embrapa in Brazil, CIAT in Colombia and INIA in Uruguay, as well as the Institute for Forest and Agricultural Management and Certification – Imaflora, to ensure use of proven and internationally verified methodologies to mitigate GHG emissions on cattle ranches. 

Minerva Foods has been following international initiatives on the subject of climate change to evaluate the submittal of its targets for third-party analysis. 

More information can be found in the sections Our Commitment to Sustainability e  Renove Program’.

Minerva Foods plans to conduct more in-depth studies of risks and opportunities in the coming years following the recommendations by the Task Force on Climate Related Financial Disclosures (TCFD).​

To manage physical risks linked to climate change, Minerva Foods is already investing in geographic diversification of its operating units. With the purpose of taking advantage of abundant pastureland and reducing dependence on agricultural commodities in herd diets, as well as implementing basis arbitrage and reducing the presence of operations in areas of water stress. This Company strategy aims to mitigate large variations in the cost of raw material acquisition, claims that compromise the production and distribution capacity of different operating units, thus being able to quickly reallocate orders, as well as mitigate health risks that could temporarily close markets.​

The Company also invests in the diversification of businesses that have synergy with its main activity. In recent years, Minerva Foods has invested in companies such as The EVERY Company (first venture capital contribution from Minerva Foods, a biotechnology company that develops protein foods free from ingredients of animal origin), Amyris (a joint venture with the biotechnology company, with focus on maturing the fermentation technique using genetically modified yeasts, which will contribute to the reduction of carbon emissions through the development of raw materials, such as more sustainable packaging and natural fermentation-based preservatives, thus increasing logistical efficiency of the global meat chain), Shopper (supermarket product delivery startup), Traive (a company specializing in artificial intelligence and data analysis, with financial solutions for rural producers and operations in the United States and Brazil) and created the subsidiary MyCarbon (focused on the activity of trading carbon credits and products and services related to the transition or towards a low carbon economy).​

More information can be found in the Sustainability Report and in the section ‘Index Dashboards’.​

Minerva Foods is connected to the national and international sustainability agenda through public commitments and by joining initiatives that are relevant to its business segment. ​

The Company is a signatory to the UN Global Compact and participates in the Climate Action Platform of the Brazil Network, is part of the Brazilian GHG Protocol Program and can be found on the list of companies participating in the Carbon Disclosure Project (CDP).​

In relation to combating deforestation in South America, a topic directly linked to its climate agenda, Minerva Foods is a signatory to the ‘Compromisso Público da Pecuária’ and Termo de Ajustamento de Conduta (TAC) with the Ministério Público Federal of Pará, in addition to its participation in the Global Roundtable for Sustainable Beef (GRSB), Grupo de Trabalho da Pecuária Sustentável (GTPS), Mesa Paraguaya de Carne Sostenible (MPCS), Mesa de Ganadería Sostenible de Colombia, and the Responsible Leather Roundtable (RLRT). Other initiatives in which the Company participates includes the Emerging Markets Investors Alliance (EMIA), Grupo de Trabalho dos Fornecedores Indiretos (GTFI) and the Protocolo de Monitoramento de Fornecedores de Gado da Amazônia (in partnership with the Ministério Público Federal and Imaflora).​

Furthermore, for the second consecutive year, Minerva Foods is part of the Carbon Efficient Index (ICO2) and the Corporate Sustainability Index (ISE), both part of B3, and is the only Company in the beef sector to integrate the latter into its 2022 portfolio. The Company is part of the 2022/2023 portfolio of the CDP Brazil Climate Resilience Index (ICDPR70). The Company was also evaluated by the Forest 500 Ranking as one of the companies in the protein sector that presents the lowest risks of being linked to deforestation or of potential exposure to supply chains of forest risk commodities. In 2022, Minerva Foods ranks among the 5 best Brazilian companies in sustainability policies, according to the ranking.​

More information can be found in the Sustainability Report, under the section ‘Dedication to the Planet’, on the platform for action for Climate of the UN Global Compact Network Brazil, and on the Registro Público de Emissões do Programa Brasileiro GHG Protocol, the questionnaires of the CDP and on index pages ICO2 and ISE of the B3 and ICDPR70.​

Environmental management at Minerva Foods encompasses several different activities focused on prevention and mitigation of environmental impacts and continuous improvements. Management includes the stages of environmental licensing and request for grants, environmental investments and implementation of Environmental Management Plans, as well as Management Plans for Solid Waste. ​

The environmental issues are governed by the guidelines of the Occupational Health and Safety, Environment, Food Safety, and Social Responsibility Policy, which contemplates the business performance in different countries, seeking to standardize internal procedures in all units. ​

More information can be found in the section ‘Dedication to the Planet’.​

Yes, Minerva Foods does monitor several environmental indicators on a monthly basis. These include: water consumption, electricity consumption, fuel consumption, steam generation, effluent generation, volume of waste generated and disposed of, among others.​

Each year the Company publishes these indicators in its Sustainability Report, and they are used to define strategies and investments required to optimize the use of natural resources in operations.​

These indicators can be found in the section ‘Indicators’. More information can be found by accessing the Sustainability Report.​

Minerva Foods sets targets in terms of water and electricity consumption, striving to optimize its operations and make them increasingly more efficient. Each business unit establishes a target at the beginning of each year according to production planning.​

The metric used to measure water consumption is m³/TPA (Ton of Finished Product).​

The metric used to measure electricity consumption is Kwh/TPA.​

These indicators can be found in the section ‘Indicators’. More information can be found by accessing the Sustainability Report.​

All Minerva Foods business units are subject to the rules and regulations of inspection agencies, whether municipal, state or federal, and ensuring compliance already contributes to minimizing risks inherent in operations. ​

Finally, studies of environmental aspects and impacts that support the management in the treatment of significant risks are reviewed annually in the operations.​

More information can be found in the section ‘Dedication to the Planet’.​

Yes, effluents generated in operations are treated by Minerva Foods’ own Effluent Treatment Stations. The Effluent Treatment Stations are composed of a primary treatment (responsible for removing solid waste through suspension), secondary (responsible for intensifying the natural biodegradation process of the organic load, i.e., it is a system focused on biological oxidation of a portion of organic matter) and, for some locations, tertiary (responsible for controlling specific parameters that are not removed by conventional biological methods using physical-chemical or biological techniques). ​

All entire treatment process is monitored through analysis of the raw and treated effluent, performed by laboratories accredited by international quality standards, to ensure compliance with the laws of each country and the non-contamination of the receiving bodies and/or soil when applicable. ​

The Company has also invested in fertigation systems for the disposal of effluents. In these systems, the treated effluent is sent through pipelines and drained into pastures on supplier properties located in the vicinity of the industrial units. Among the various environmental benefits of this process, the preservation of water bodies and the reduction of the amount of fertilizer products used in pastures that emit Greenhouse Gases.​

More information can be found in the section ‘Dedication to the Planet’.​

Yes, Minerva Foods controls its atmospheric emissions at all applicable business units. All emissions are monitored by laboratories accredited under international quality standards to ensure compliance with the laws of each country. ​

More information can be found in the section ‘Dedication to the Planet’.​

Yes. As such, in 2021 Minerva Foods received the “eureciclo” seal, which testifies to the Company’s practices of promoting reverse logistics for product packaging. Minerva Foods is the first company in the meat sector to receive certification for all lines sold in Brazil, a testament to the Company’s commitment to compensating environmental impacts. More than a seal, the platform connects cooperatives and collection and recycling operators to companies, generating more resources for recycling agents, promoting the reverse logistics of post-consumer packaging and reducing the environmental impacts of these wastes on the environment. Annually, Minerva Foods disposes of approximately 1,500 tons of post-consumer packaging, a volume that represents 22% of the total packaging placed on the Brazilian market, in line with the goals of the National Solid Waste Policy.​

In the operational units of Paraguay, plastic and cardboard waste is donated to an NGO that supports people with low income by selling the waste. ​

Since 2018, the Ciénaga de Oro unit in Colombia began to carry out the “Plan de Envases y Empaques”, together with the Punto Azul Corporation, in conjunction with compliance with Resolution 1407/2018, and all primary and secondary packaging materials are separated and sent to recycling Cooperatives.​

In addition to recycling efforts, Minerva Foods seeks to reduce consumption of materials and segregates, stores, treats and disposes of its waste in an environmentally suitable manner, complying with environmental legislation applicable at each location and following the Solid Waste Management Plans of the operational units.​

At the Company, the by-products of the industrial process are transformed into business, linking sustainability and profitability through the Minerva Leather, Minerva Biodiesel, Minerva Ingredients and Minerva Casings divisions. In some locations, rumen from the process is also composted, reducing the amount of non-hazardous waste sent to landfill and contributing to the strengthening of a circular economy.​

More information can be found in the section ‘Dedication to the Planet’.​

All Minerva operating units have BRCGS certification, recognized by the Global Food Safety Initiative (GFSI). This attests to compliance with international standards and criteria in all production processes.​

More information can be found in the Sustainability Report and in the section ‘Product Quality and Respect for Life’.

Yes, all Minerva Foods active operating units are certified for Halal production.​

More information can be found in the Sustainability Report and in the section ‘Product Quality and Respect for Life’.​

Microbiological and physical-chemical analyses are performed on products, surfaces, air, and packaging, in addition to checking the composition of foods with regard to proteins, fats, moisture, among others. Minerva Foods works with laboratories certified by ISO 17025 and also with third-party laboratories that have the same level of accreditation.​

More information can be found in the Sustainability Report and in the section ‘Product Quality and Respect for Life’.​

Yes, Minerva Foods daily oversees the results of established quality indicators, with a focus on continuous improvement. Weekly, monthly, and annual statements are issued to monitor the individual performance of each production unit, in order to ensure overall quality and safety of the food produced.​

More information can be found in our Sustainability Report and in the section ‘Product Quality and Respect for Life’.​

Yes, the sustainability agenda for Minerva Foods was structured upon three key pillars: “Dedication to the Planet“, “Prosperity of Our People” and “Product Quality and Respect for Life“. ​

Specifically above the pillar ‘Product Quality and Respect for Life‘, there is the objective to ensure food quality and safety and the best animal welfare practices, adhering to innovation and certification at each stage of the value chain.​

More information can be found in the section ‘Product Quality and Respect for Life’.​

Yes. For Minerva Foods, animal welfare is an ethical principle that applies to its entire operation. The Animal Welfare Policy is based on strict zero tolerance control of acts of abuse, neglect or mistreatment of animals, always seeking to implement the best management practices, and provide training for all those involved as well as continuous verification at all stages of production.​

More information can be found in the section ‘Product Quality and Respect for Life’.​

Minerva Foods holds third party certification in animal welfare in 90% (n=18) of its slaughter units in Brazil, Argentina, Colombia, Paraguay and Uruguay. ​

Certifications use internationally recognized protocols of NAMI (North American Meat Institute) and PAACO (Professional Animal Auditor Certification Organization) auditors.​

More information can be found in the section ‘Product Quality and Respect for Life’.​

The priorities of Minerva Foods in regards to Animal Welfare are as follows:​

  • Embrace responsibility for ensuring that animals are treated with respect and dignity throughout the global chain;
  • Develop and implement good animal welfare practices in operations and interfaces with suppliers; and
  • Advance in the structuring of the company’s Animal Welfare Program based on the five domains of animal welfare.

More information can be found in the section Product Quality and Respect for Life.

The measures taken by Minerva Foods are:​

  • Addition of welfare KPI’s as part of the company’s top management charter;​
  • Specialized animal welfare technical team in all operations;​
  • Clarification of internal responsibilities in regards to the importance of animal welfare to the Company;​
  • Sustain a corporate advisory committee on animal welfare;​
  • Partnership with other stakeholders in the sector;​
  • Promotion of animal welfare events, training sessions and conferences for internal and external audiences; and​
  • Implementation of contractual clauses for adherence to Minerva animal welfare policy by suppliers.​

More information can be found in the section ‘Product Quality and Respect for Life’.​

Yes, Minerva Foods provides ongoing training on social and environmental issues through social media, email and corporate TV at operational units. ​

When integrating all employees, the environmental department presents its environmental management system and explains what is expected of newcomers regarding the segregation and disposal of waste and to ensure conscientious consumption of water and energy. ​

During integration, the Company’s Code of Ethics is also presented containing the principles and actions expected regarding several guidelines, among them promoting and protecting the health and physical integrity of employees, service providers and visitors; respect for the environment and the community; management practices aimed at animal welfare; food quality and safety; respect for others (combating any form of discrimination, forced and child labor); compliance with the law and other applicable regulations; and the search for meeting the needs and expectations of customers and other stakeholders.​

More information can be found in the section ‘‘Prosperity of our People’’.​

Through the Estar bem program, Minerva Foods offers important initiatives that stimulate quality of life. Highlights include the virtual library, educational and informative presentations, internal health week, and health and influenza vaccination campaigns. ​

The company also offers Dr. AON, which promotes healthy eating and physical activity with customized follow-ups by nutritional coaches and physical educators; pregnancy counseling and medical orientation; and the Employee Assistance Program, which provides psychological, social, social security, legal and financial assistance to employees, their dependents and families.​

More information can be found in the section ‘‘Prosperity of our People’’.​

Minerva Foods informs its internal public of the rights set forth in these collective bargaining agreements, ensuring their practice. It also contemplates an agenda open to dialogue, regardless of collective negotiations and datas-bases* set by the government and/or entities that represent employees.​

*A period of the year when the employers of various companies meet to redefine the terms of collective labor agreements.​

More information on adherence to Collective Bargaining Agreements and/or Conventions can be accessed in the ‘Indicators’ section.​

Minerva Foods establishes guidelines in this regards, with the intention of promoting, protecting and encouraging the health and physical integrity of its employees, service providers and visitors; through safe and healthy conditions and behavior and management to eliminate dangers and reduce risks identified in its processes, preventing injuries, work-related health problems and the occurrence of incidents.​

The principal areas of management in the health and safety system are:​

  • Local safety committees; ​
  • Management of critical risks; ​
  • Monitoring of legal requirements applicable to the business; ​
  • Safety monitoring; ​
  • Health monitoring ​
  • Management of contractors ​
  • Safety leadership; ​
  • Communication and consultation; and​
  • Aftereffects management​

Minerva Foods operates in accident prevention through its health and safety management system along various guidelines, with emphasis on critical risk management and its ‘Golden Rules’. ​

Management of critical risks is a priority, where risks with the greatest potential are monitored, evaluated and controlled periodically and regularly. Strict control systems, audits, and investments are made to block the possibility of serious and critical events. ​

The main critical risks are:​

  1. Working with electricity;
  2. Ammonia;
  3. Working at heights;
  4. Cargo handling and lifting;
  5. Machinery and equipment;
  6. Pressure vessels and boilers;
  7. Confined spaces;
  8. Fire prevention and protection; and
  9. Working in cold environments.

‘Golden Rules’ is one of the Company’s main programs to encourage safe behavior. These are 10 rules that save lives, built on best market practices and based on Minerva Foods’ principal lessons learned. These are rules that contribute to the educational and learning process, on the road to an improved workplace safety culture. ​

Yes, Minerva Foods possesses a comprehensive program to manage its employees and all those who work on its behalf, specifically its contractors and subcontractors.​

All contractors and subcontractors are systematically evaluated before any service is provided. Together with a strict integration and training program, all activities are assessed prior to their execution to ensure that all risks have been identified and controlled. ​

In February 2020, when the first case of COVID-19 was confirmed in Brazil, Minerva Foods, with the support of Hospital Israelita Albert Einstein, was the first to mobilize in the development of a solid and technical plan for handling the situation. ​

In addition to the contingency plan, Minerva Foods introduced important physical and mental health support programs for its workers, such as DR. AON and its Employee Assistance Program. ​

More information can be found in our Sustainability Report under the section ‘‘Prosperity of our People’’.​

The Minerva Foods Administrative Council has 11 members, seven of whom are Brazilian and four foreign. It is composed of members with different academic backgrounds and corporate experience within the Company’s operating segment.

Currently there are no women on the Administrative Council, however, it should be noted that there is a female representative on the Executive Board.

More information can be found in the sections ‘Our Strategy ’, ‘Solid and Committed Management’ and on the Investor Relations  site.

The Minerva Foods Administrative Council has 11 members, seven of whom are Brazilian and four foreign. It is composed of members with different academic backgrounds and corporate experience within the Company’s operating segment.​

Currently there are no women on the Administrative Council, however, it should be noted that there is a female representative on the Executive Board.​

More information can be found in the sections ‘Our Strategy ’, ‘Solid and Committed Management’ and on the Investor Relations site.

The Minerva Foods Compliance program adopts strict controls in order to reduce risks related to corruption practices, use of privileged information, unfair competition, child, forced and slave labor, among other actions firmly opposed by the Company. ​

Furthermore, Minerva Foods is a signatory of the UN Global Compact, a voluntary initiative of major corporate leaders that contribute to the sustainable growth of our planet, by incorporating the 10 Sustainable Development Goals (SDGs).​

More information can be found in the section ‘Solid and Committed Management’.​

Yes, Minerva Foods has the ‘Conexão Minerva’ Ombudsman channel. To access the channel, simply contact us:​

Website: conexao.minervafoods.com​

Telephone: 0800 741 0027​

E-mail: conexaominerva@canalconfidencial.com.br​

‘Conexão Minerva’ is operated by an outsourced company hired by Minerva Foods, ensuring its independence, autonomy and impartiality. All expressions received through this channel are sent to the Ombudsman/Secretary of the Ethics and Integrity Committee.

Yes, simply access the conexao.minervafoods.com website and the user will be redirected to the platform of the third-party and independent company that manages the ombudsman channel.​

To follow up on the complaint, the user must follow the guidelines when registering the report and use the protocol number to query.​

Internal Public:​

  1. Click on ‘Employee’ > ‘Follow up on the report’​
  2. Type the protocol number of the report and then click ‘Consult protocol’​

External Public:​

  1. Click on ‘External Public’ > ‘Community’ > ‘Follow up on report​
  2. Type the protocol number of the report and then click on ‘Consult protocol​

Yes, Minerva Foods has a Code of Ethics approved by the Administrative Council, which defines the ethical principles of operation, with responsibility for application by employees and business partners. The document includes several topics, among them: compliance with legislation and regulatory standards, ethics and integrity, protection of human rights, compliance with labor laws and standards, environmental care, among others. ​

More information can be found in the sections ‘Prosperity of our People’ and ‘Solid and Committed Management’.​

Minerva Foods understands that giving gifts is a cultural attitude in many countries around the world, however, the giving of gifts to Company employees is subject the following rules:​

  • The amount may not exceed $100.00 (one hundred dollars) per year;​
  • Cannot be delivered for business purposes, or in a period close to contract renewal;​
  • It is not allowed to send gifts with the intention of obtaining benefits; and​
  • From competitors.​

More information can be found in the section ‘Solid and Committed Management’.​

Minerva Foods handles personal data and/or sensitive personal data in accordance with the privacy policy that is publicly available on our website.​

For requests involving the subject and the Brazilian General Law on Data Protection, you can contact the Minerva Foods Data Protection Officer at the e-mail address: privacidade@minervafoods.com.​

More information can be found in the section ‘Solid and Committed Management’.​

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