Minerva Foods, a prominent player in the sugar industry, is headquartered in Brazil and operates extensively across South America. Founded in 1992, the company has established itself as a leader in the production and distribution of high-quality sugar products, catering to both domestic and international markets.
With a commitment to sustainability and innovation, Minerva Foods offers a diverse range of sugar types, including raw and refined sugar, which are distinguished by their exceptional purity and flavour profiles. The company’s strategic focus on quality and efficiency has earned it a strong market position, making it a trusted supplier in the agricultural sector.
Notable achievements include significant expansions in production capacity and a robust supply chain that enhances its competitive edge. Minerva Foods continues to set industry standards while contributing to the growth of the sugar market in Brazil and beyond.
+33 vs industry average
Minerva Foods’s score of 40 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Sugar Processing is among the most carbon-intensive industries
Industry performance
The Sugar Processing industry has reduced its overall emissions by 24% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Minerva Foods's reported carbon emissions
Minerva Foods, headquartered in BR and operating in the Sugar industry, is committed to reducing its greenhouse gas (GHG) emissions. The company has set ambitious climate targets, including achieving net-zero emissions by 2035, which is 15 years ahead of the Paris Agreement deadline. Additionally, Minerva Foods aims to reduce the intensity of its Scope 1 and Scope 2 emissions by 30% by 2030, using a 2020 baseline.
In the reporting year 2024, Minerva Foods reported a total of approximately 26.2 billion kg CO2e in emissions. This total comprises Scope 1 emissions of about 445.2 million kg CO2e, Scope 2 emissions of approximately 72.2 million kg CO2e, and substantial Scope 3 emissions amounting to roughly 25.7 billion kg CO2e. The majority of Scope 3 emissions stem from purchased goods and services, estimated at about 25 billion kg CO2e, and upstream transportation and distribution, at approximately 439.2 million kg CO2e.
For the 2023 reporting year, total emissions were around 21.8 billion kg CO2e. This included Scope 1 emissions of approximately 337.9 million kg CO2e, Scope 2 emissions of about 56.5 million kg CO2e, and Scope 3 emissions totalling around 21.5 billion kg CO2e. Purchased goods and services were the largest contributor to Scope 3 emissions at approximately 20.9 billion kg CO2e.
In 2022, Minerva Foods reported total emissions of approximately 18.0 billion kg CO2e. Scope 1 emissions were around 339.1 million kg CO2e, Scope 2 emissions were about 41.0 million kg CO2e, and Scope 3 emissions totalled approximately 17.6 billion kg CO2e, with purchased goods and services accounting for the largest portion at roughly 17.3 billion kg CO2e.
Earlier data for 2021 shows total emissions of approximately 17.0 billion kg CO2e, with Scope 1 at about 283.1 million kg CO2e, Scope 2 at approximately 53.1 million kg CO2e, and Scope 3 at about 16.8 billion kg CO2e. The company's Scope 3 emissions primarily originate from purchased goods and services.
In 2020, total emissions were approximately 267.8 million kg CO2e, comprising Scope 1 emissions of about 233.3 million kg CO2e and Scope 2 emissions of around 14.6 million kg CO2e. Scope 3 emissions were reported at approximately 34.5 million kg CO2e.
Minerva Foods's climate commitments are consolidated with its parent organisation, Minerva S.A. for CDP and RE100 reporting.
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Minerva Foods’s Climate Goals (2030 & 2050)
9 goals2030
30% reduction in Scope 2
We will reduce our Scope 2 emissions by 30% from a 2020 baseline by 2030.
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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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Minerva Foods
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