In 2024, Marfrig Global Foods completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Marfrig Global Foods has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 300,754.81a | 320,639.92a | 330,212.37a | |
Total Scope 2 | ||||
Market-Based | 180,342.77a | 174,563.68a | 174,688.87a | |
Location-Based | 190,464.64a | 186,824.19a | 188,242.45a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 22,492,002.66a | 27,693,482.02a | 28,305,844.77a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 12.4817a | 11.7621a | 13.919a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Marfrig Global Foods amounted to 491,219.45 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Marfrig Global Foods decreased by 3.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Marfrig Global Foods were 300,754.81 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Marfrig Global Foods's Scope 1 emissions have decreased by 33.87%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Marfrig Global Foods's Scope 1 emissions decreased by 6.2%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Marfrig Global Foods reported Scope 2 greenhouse gas (GHG) emissions of 180,342.77 tCO₂e using the market-based method and 190,464.64 tCO₂e using the location-based method.a
Since 2019, Marfrig Global Foods's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 12.74%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Marfrig Global Foods's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Marfrig Global Foods's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Marfrig Global Foods reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Marfrig Global Foods reported 22,492,002.66 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Marfrig Global Foods includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Marfrig Global Foods reported total Scope 3 emissions of 22,492,002.66 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Marfrig Global Foods's Scope 3 emissions have decreased by 29.08%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Marfrig Global Foods's Scope 3 emissions decreased by 18.78%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Marfrig Global Foods reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Marfrig Global Foods's Scope 3 emissions were:a
In 2024, Marfrig Global Foods reported Scope 1 greenhouse gas (GHG) emissions of 300,754.81 tCO₂e and total revenues of USD 24,096 millions. This translates into an emissions intensity of 12.48 tCO₂e per millions USD.a
In 2024, Marfrig Global Foods reported a Scope 1 emissions intensity of 12.48 tCO₂e per millions USD. Compared to the peer group median of 57.99, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Marfrig Global Foods ranked 3 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Marfrig Global Foods among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Marfrig Global Foods reported a total carbon footprint of 22,983,222.11 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.5% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Marfrig Global Foods's total carbon footprint was Scope 3 emissions, accounting for 97.86% of the company's total carbon footprint, followed by Scope 1 emissions at 1.31%.a