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Minerva Foods, a prominent player in the food products nec sector, is headquartered in Brazil, with its main operations spanning South America and other key markets. Established in 1997, the company has grown to become a leading provider of beef and other meat products, recognised for its commitment to quality and sustainability.
Specialising in the processing and distribution of high-quality meat, Minerva Foods distinguishes itself through its extensive supply chain and focus on innovative practices. The company’s strategic position in the global meat industry has earned it a reputation for reliability and excellence, making it a significant force within the food products nec industry.
+23 vs industry average
Minerva Foods’s score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Food Product Manufacturing is among the most carbon-intensive industries
The Food Product Manufacturing industry has reduced its overall emissions by 22% since 2018
Scope 3 accounts for ••• of total emissions.
Minerva Foods, a Brazilian food products company, reported total greenhouse gas emissions of approximately 26.2 billion kg CO2e for 2024. This includes about 445.2 million kg CO2e from Scope 1, 72.2 million kg CO2e from Scope 2, and 25.7 billion kg CO2e from Scope 3 emissions.
In 2023, the company's total emissions were approximately 21.9 billion kg CO2e, comprising about 337.9 million kg CO2e (Scope 1), 56.5 million kg CO2e (Scope 2), and 21.5 billion kg CO2e (Scope 3). For 2022, total emissions stood at approximately 18.0 billion kg CO2e, with Scope 1 at about 339.1 million kg CO2e, Scope 2 at 41.0 million kg CO2e, and Scope 3 at 17.6 billion kg CO2e. In 2021, Minerva Foods reported total emissions of approximately 17.1 billion kg CO2e, including about 283.1 million kg CO2e (Scope 1), 53.1 million kg CO2e (Scope 2), and 16.8 billion kg CO2e (Scope 3).
Minerva Foods has set ambitious climate commitments. The company aims to achieve net-zero emissions across all scopes by 2035, which is 15 years ahead of the Paris Agreement. Additionally, Minerva Foods intends to reduce the intensity of its Scope 1 and 2 GHG emissions by 30% by 2030, using a 2020 baseline. The company also states an aim to reduce Scope 1 and Scope 2 emissions to near zero by the middle of this decade.
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2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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