Mrv
Mrv, officially known as MRV Engenharia e Participações S.A., is a leading Brazilian construction and real estate company headquartered in Belo Horizonte, Brazil. Founded in 1979, MRV has established itself as a prominent player in the residential housing sector, focusing on affordable housing solutions across major regions in Brazil. The company is renowned for its innovative approach to construction, utilising advanced technology and sustainable practices to deliver high-quality homes. MRV's core offerings include residential developments, with a strong emphasis on social housing projects that cater to diverse demographics. With a significant market presence, MRV has achieved notable milestones, including being listed on the B3 stock exchange and consistently ranking among Brazil's top construction firms. Its commitment to excellence and customer satisfaction has solidified MRV's reputation as a trusted name in the industry.
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 13 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mrv's reported carbon emissions
MRV Engenharia e Participações S.A, headquartered in Brazil, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, the company has established near-term targets to address its carbon footprint. MRV commits to reducing its absolute Scope 1 and Scope 2 greenhouse gas emissions by approximately 48.8% by 2030, using 2019 as the baseline year. Additionally, the company aims to cut its absolute Scope 3 emissions—specifically from purchased goods and services, as well as the use of sold products—by about 27.5% within the same timeframe. Furthermore, MRV plans for 14.0% of its suppliers, based on emissions from purchased goods and services, to have science-based targets by 2028. These targets align with industry standards and reflect MRV's commitment to contributing to global climate goals, particularly in the homebuilding sector. The company has not yet committed to a net-zero target but is actively working towards substantial emissions reductions in the coming years.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mrv is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
