Mrv Sustainability Profile
MRV Engenharia, commonly referred to as MRV, is a leading player in the Brazilian real estate sector, headquartered in Belo Horizonte (BR). Founded in 1979, the company has established itself as a pioneer in affordable housing, focusing on residential developments across major urban regions in Brazil. With a commitment to innovation and sustainability, MRV offers a diverse portfolio of properties, including multi-family units and integrated communities. Their unique approach combines quality construction with competitive pricing, making homeownership accessible to a broader audience. Recognised for its significant contributions to the housing market, MRV has achieved numerous accolades, solidifying its position as one of Brazil's largest homebuilders. The company continues to drive growth and set industry standards, reflecting its dedication to enhancing the living experience for countless families.
DitchCarbon Score
How does Mrv's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mrv's score of 51 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mrv's reported carbon emissions
In 2024, MRV Engenharia e Participações S.A., headquartered in Brazil, reported total greenhouse gas emissions of approximately 113,000,830 kg CO2e. This figure includes 10,118,000 kg CO2e from Scope 1 emissions, 1,373,500 kg CO2e from Scope 2 emissions, and a significant 100,854,330 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 143,000,580 kg CO2e, with Scope 1 emissions at 6,402,110 kg CO2e, Scope 2 at 943,010 kg CO2e, and Scope 3 at 136,184,470 kg CO2e. In 2022, the total emissions were approximately 191,000,920 kg CO2e, comprising 4,448,780 kg CO2e from Scope 1, 1,264,880 kg CO2e from Scope 2, and 182,917,260 kg CO2e from Scope 3. MRV has set ambitious near-term targets through the Science Based Targets initiative (SBTi). The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 48.8% by 2030, using 2019 as the base year. Additionally, MRV is committed to a 27.5% reduction in absolute Scope 3 emissions, which encompass emissions from purchased goods and services as well as the use of sold products, within the same timeframe. Furthermore, MRV plans for 14% of its suppliers, based on emissions from purchased goods and services, to establish science-based targets by 2028. These commitments reflect MRV's dedication to addressing climate change and reducing its carbon footprint in the homebuilding sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 4,448,780 | 0,000,000 | 00,000,000 |
| Scope 2 | 1,264,880 | 000,000 | 0,000,000 |
| Scope 3 | 182,917,260 | 000,000,000 | 000,000,000 |
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Mrv's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Mrv has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Mrv's sustainability data and climate commitments