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Minerva SA

Common Name
Minerva
Country
Brazil
Sector
Consumer Defensive
Industry
Farm Products
Employees
40,000
Ticker
BEEF3
Exchange
B3 S.A.
Description
Minerva S.A. is a leading producer and distributor of beef and other protein products, operating extensively across South America. The company focuses primarily on the export and processing of chilled...

Minerva's GHG Emissions Data Preview

In 2024, Minerva 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).

Minerva has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind Minerva’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Minerva’s data sources below and access millions more through our Disclosure Search.

a. Minerva's Sustainability Report 2024
a. Minerva's Sustainability Report 2024
b. Minerva's Sustainability Report 2023
b. Minerva's Sustainability Report 2023

Insights into Minerva's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMinerva amounted to517,370.98metric 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 Minervaincreased by 31.16%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Minerva's Scope 1 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e+20%0%+32%
  • Total Scope 1
  • Year-over-Year Change

What are Minerva's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Minerva were 445,204.03 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Minerva reduced its Scope 1 emissions over time?

Since 2021, Minerva's Scope 1 emissions have increased by 57.24%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Minerva's Scope 1 emissions increased by 31.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Minerva's Scope 2 emissions?

In 2024, Minerva reported Scope 2 greenhouse gas (GHG) emissions of 72,166.95 tCOâ‚‚e using the location-based method.a

Has Minerva reduced its Scope 2 emissions over time?

Since 2021, Minerva's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 35.92%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Minerva's Scope 2 emissions(Location-Based) rose by 27.65% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Minerva use for Scope 2 reporting?

In 2024, Minerva reported its Scope 2 emissions using the location-based method.a

Minerva's Scope 2 Emissions Over Time

2021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based

Insights into Minerva's Value Chain Emissions

In 2024, Minerva reported 25,711,072.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Minerva includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Minerva's Scope 3 Emissions Over Time

202120222023202406.5 M13 M19.5 M26 MtCO2e+5%+22%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Minerva's Scope 3 emissions?

In 2024, Minerva reported total Scope 3 emissions of 25,711,072.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.52%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.48%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Minerva reduced its Scope 3 emissions over time?

Since 2021, Minerva's Scope 3 emissionshave increased by 53.39%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Minerva's Scope 3 emissions increased by 19.8%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Minerva disclose?

In 2024, Minerva reported emissions for 9 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.

What are the main sources of Minerva's Scope 3 emissions?

In 2024, the largest contributors to Minerva's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 24,954,644.65 tCOâ‚‚e(97.06%)
  • Upstream Transportation and Distribution (Cat. 4): 439,230.13 tCOâ‚‚e(1.71%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 115,062.25 tCOâ‚‚e(0.45%)

Minerva's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(1.7%)Purchased Goods andServices (Cat. 1)(97.1%)

Insights into Minerva’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Minerva reported Scope 1 greenhouse gas (GHG) emissions of 445,204.03 tCOâ‚‚e and total revenues of USD 5,515 millions. This translates into an emissions intensity of 80.73 tCOâ‚‚e per millions USD.a

Minerva's Scope 1 Emissions Intensity Compared to Peers

1005,000500,00050,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)TGWMAstral FoodsYear: 2024Scope 1: 178,019 tCO2eRevenue: $M 1,186Scope 1 Intensity: 150.14 tCO2e/$MCharoen Pokphand IndonesiaYear: 2024Scope 1: 184,365 tCO2eRevenue: $M 4,195Scope 1 Intensity: 43.95 tCO2e/$MTTThaifoods GroupYear: 2023Scope 1: 36,651 tCO2eRevenue: $M 1,623Scope 1 Intensity: 22.59 tCO2e/$MAustevoll SeafoodYear: 2024Scope 1: 265,331 tCO2eRevenue: $M 3,119Scope 1 Intensity: 85.07 tCO2e/$MP/F BakkafrostYear: 2024Scope 1: 123,839 tCO2eRevenue: $M 1,582Scope 1 Intensity: 78.26 tCO2e/$MUnited PlantationsYear: 2024Scope 1: 1 tCO2eRevenue: $M 488Scope 1 Intensity: 0.00 tCO2e/$MGGGraincorpYear: 2025Scope 1: 54,254 tCO2eRevenue: $M 4,821Scope 1 Intensity: 11.25 tCO2e/$MMowiYear: 2024Scope 1: 139,739 tCO2eRevenue: $M 66,986Scope 1 Intensity: 2.09 tCO2e/$MJapfa Comfeed IndonesiaYear: 2024Scope 1: 89,754 tCO2eRevenue: $M 3,469Scope 1 Intensity: 25.87 tCO2e/$MDBN GroupYear: 2024Scope 1: 199,715 tCO2eRevenue: $M 3,942Scope 1 Intensity: 50.67 tCO2e/$MCal-Maine FoodsYear: 2024Scope 1: 204,586 tCO2eRevenue: $M 2,326Scope 1 Intensity: 87.94 tCO2e/$MWWWens Foodstuff GroupYear: 2024Scope 1: 194,368 tCO2eRevenue: $M 14,377Scope 1 Intensity: 13.52 tCO2e/$MLonsumYear: 2023Scope 1: 1,492,000 tCO2eRevenue: $M 272Scope 1 Intensity: 5,492.76 tCO2e/$MChina Modern Dairy HoldingsYear: 2024Scope 1: 2,227,503 tCO2eRevenue: $M 1,986Scope 1 Intensity: 1,121.43 tCO2e/$MRicegrowersYear: 2024Scope 1: 34 tCO2eRevenue: $M 1,214Scope 1 Intensity: 0.03 tCO2e/$MMuyuan FoodsYear: 2024Scope 1: 5,668,500 tCO2eRevenue: $M 18,902Scope 1 Intensity: 299.89 tCO2e/$MFresh Del Monte ProduceYear: 2024Scope 1: 799,054 tCO2eRevenue: $M 4,280Scope 1 Intensity: 186.69 tCO2e/$MMMMhpYear: 2024Scope 1: 578,534 tCO2eRevenue: $M 3,046Scope 1 Intensity: 189.93 tCO2e/$MBrasilAgroYear: 2024Scope 1: 155,910 tCO2eRevenue: $M 185Scope 1 Intensity: 842.08 tCO2e/$MSLC AgricolaYear: 2024Scope 1: 1,032,866 tCO2eRevenue: $M 1,263Scope 1 Intensity: 817.69 tCO2e/$MCharoen Pokphand FoodsYear: 2024Scope 1: 290,193 tCO2eRevenue: $M 16,914Scope 1 Intensity: 17.16 tCO2e/$MArcher-Daniels-Midland CoYear: 2024Scope 1: 12,300,000 tCO2eRevenue: $M 85,530Scope 1 Intensity: 143.81 tCO2e/$MMinervaYear: 2024Scope 1: 445,204 tCO2eRevenue: $M 5,515Scope 1 Intensity: 80.73 tCO2e/$M

How does Minerva's GHG emissions intensity compare to its peers?

In 2024, Minerva reported a Scope 1 emissions intensity of 80.73 tCOâ‚‚e per millions USD. Compared to the peer group median of 81.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Minerva rank on GHG emissions intensity within its industry?

In 2024, Minerva ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Minerva is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Minerva's Total Carbon Footprint

In 2024, Minerva reported a total carbon footprint of 26,228,443.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.01% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Minerva's total carbon footprint was Scope 3 emissions, accounting for 98.03% of the company's total carbon footprint, followed by Scope 1 emissions at 1.7%.a

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