MRV Engenharia e Participacoes SA

Common Name
MRV
Country
Brazil
Sector
Real Estate
Industry
Real Estate - Development
Employees
N/A
Ticker
MRVE3
Exchange
B3 S.A.
Description
MRV Engenharia e Participações S.A. is a prominent player in the real estate and construction industry in Brazil. As a leading developer, its core activity focuses on the development and sale of resid...

MRV's GHG Emissions Data Preview

In 2023, MRV 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).

However, MRV has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind MRV’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 MRV’s data sources below and access millions more through our Disclosure Search.

a. MRV's Sustainability Report 2023
a. MRV's Sustainability Report 2023
b. MRV's Sustainability Report 2022
b. MRV's Sustainability Report 2022

Insights into MRV's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MRV amounted to 7,345.12 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 2022, the total operational greenhouse gas (GHG) emissions of MRV increased by 28.55%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

MRV's Scope 1 Emissions Over Time

20182019202020212022202302.5 k5 k7.5 k10 ktCO2e+47%+26%-30%-32%+44%
  • Total Scope 1
  • Year-over-Year Change

What are MRV's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MRV were 6,402.11 metric tons of CO₂ equivalent (tCO₂e). a

Has MRV reduced its Scope 1 emissions over time?

Since 2018, MRV's Scope 1 emissions have increased by 27.38%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), MRV's Scope 1 emissions increased by 43.91%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are MRV's Scope 2 emissions?

In 2023, MRV reported Scope 2 greenhouse gas (GHG) emissions of 943.01 tCO₂e without specifying the calculation method. a

Has MRV reduced its Scope 2 emissions over time?

Since 2018, MRV's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 42.15%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), MRV's Scope 2 emissions (Unspecified Calculation Method) fell by 25.45% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does MRV use for Scope 2 reporting?

In 2023, MRV reported its Scope 2 emissions using an unspecified methodology. a

MRV's Scope 2 Emissions Over Time

20182019202020212022202307001.4 k2.1 k2.8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MRV's Value Chain Emissions

In 2023, MRV reported 136,184.47 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 2023 disclosure of MRV includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

MRV's Scope 3 Emissions Over Time

201820192020202120222023075 k150 k225 k300 ktCO2e+5%-25%+17%-27%-26%
  • Total Scope 3
  • Year-over-Year Change

What are MRV's Scope 3 emissions?

In 2023, MRV reported total Scope 3 emissions of 136,184.47 metric tons of CO₂ equivalent (tCO₂e). a

Has MRV reduced its Scope 3 emissions over time?

Since 2018, MRV's Scope 3 emissions have decreased by 49.27%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), MRV's Scope 3 emissions decreased by 25.55%, highlighting the company's efforts to lower indirect emissions from its value chain. a

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

In 2023, MRV reported Scope 1 greenhouse gas (GHG) emissions of 6,402.11 tCO₂e and total revenues of USD 1,532 millions. This translates into an emissions intensity of 4.18 tCO₂e per millions USD. a

MRV's Scope 1 Emissions Intensity Compared to Peers

202005,00050,000500,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)GRHighwealth ConstructionYear: 2024Scope 1: 3,726 tCO2eRevenue: $M 1,127Scope 1 Intensity: 3.31 tCO2e/$MLodha DevelopersYear: 2025Scope 1: 3,180 tCO2eRevenue: $M 1,600Scope 1 Intensity: 1.99 tCO2e/$MKWG Group HoldingsYear: 2023Scope 1: 3,485 tCO2eRevenue: $M 2,428Scope 1 Intensity: 1.43 tCO2e/$MLogan GroupYear: 2024Scope 1: 316 tCO2eRevenue: $M 3,488Scope 1 Intensity: 0.09 tCO2e/$MRedsun Properties GroupYear: 2023Scope 1: 67 tCO2eRevenue: $M 3,045Scope 1 Intensity: 0.02 tCO2e/$MEZTECYear: 2023Scope 1: 56 tCO2eRevenue: $M 223Scope 1 Intensity: 0.25 tCO2e/$MHongkong Land HoldingsYear: 2023Scope 1: 2,107 tCO2eRevenue: $M 1,844Scope 1 Intensity: 1.14 tCO2e/$MJHSF ParticipacoesYear: 2023Scope 1: 939 tCO2eRevenue: $M 329Scope 1 Intensity: 2.86 tCO2e/$MSime Darby PropertyYear: 2023Scope 1: 537 tCO2eRevenue: $M 748Scope 1 Intensity: 0.72 tCO2e/$MZhenro Properties GroupYear: 2022Scope 1: 363 tCO2eRevenue: $M 4,061Scope 1 Intensity: 0.09 tCO2e/$MWharf HoldingsYear: 2024Scope 1: 16,961 tCO2eRevenue: $M 1,560Scope 1 Intensity: 10.87 tCO2e/$MGGGuangzhou R&F PropertiesYear: 2023Scope 1: 106,297 tCO2eRevenue: $M 5,577Scope 1 Intensity: 19.06 tCO2e/$MIOI Properties GroupYear: 2024Scope 1: 5,235 tCO2eRevenue: $M 623Scope 1 Intensity: 8.40 tCO2e/$MCtpYear: 2023Scope 1: 6,782 tCO2eRevenue: $M 746Scope 1 Intensity: 9.09 tCO2e/$MSansiriYear: 2023Scope 1: 1,371 tCO2eRevenue: $M 1,091Scope 1 Intensity: 1.26 tCO2e/$MDar Al ArkanYear: 2023Scope 1: 187,500 tCO2eRevenue: $M 722Scope 1 Intensity: 259.73 tCO2e/$MRRRedco Properties GroupYear: 2023Scope 1: 165 tCO2eRevenue: $M 820Scope 1 Intensity: 0.20 tCO2e/$MChina Aoyuan GroupYear: 2023Scope 1: 104 tCO2eRevenue: $M 4,226Scope 1 Intensity: 0.02 tCO2e/$MS P SetiaYear: 2023Scope 1: 457 tCO2eRevenue: $M 952Scope 1 Intensity: 0.48 tCO2e/$MShui On Land LtdYear: 2024Scope 1: 9,867 tCO2eRevenue: $M 1,225Scope 1 Intensity: 8.06 tCO2e/$MAmataYear: 2023Scope 1: 526 tCO2eRevenue: $M 276Scope 1 Intensity: 1.90 tCO2e/$MUOL GroupYear: 2024Scope 1: 2,128 tCO2eRevenue: $M 2,050Scope 1 Intensity: 1.04 tCO2e/$MEvenYear: 2023Scope 1: 357 tCO2eRevenue: $M 613Scope 1 Intensity: 0.58 tCO2e/$MPoly Developments and Holdings GroupYear: 2023Scope 1: 7,983 tCO2eRevenue: $M 48,796Scope 1 Intensity: 0.16 tCO2e/$MYuzhou Group HoldingsYear: 2023Scope 1: 75 tCO2eRevenue: $M 3,303Scope 1 Intensity: 0.02 tCO2e/$MMRVYear: 2023Scope 1: 6,402 tCO2eRevenue: $M 1,532Scope 1 Intensity: 4.18 tCO2e/$M

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

In 2023, MRV reported a Scope 1 emissions intensity of 4.18 tCO₂e per millions USD. Compared to the peer group median of 1.14 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2023, MRV ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into MRV's Total Carbon Footprint

In 2023, MRV reported a total carbon footprint of 143,529.59 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.91% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to MRV's total carbon footprint was Scope 3 emissions, accounting for 94.88% of the company's total carbon footprint, followed by Scope 1 emissions at 4.46%. a

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