• At Minerva Foods, our Commitment to Sustainability is about doing business with integrity, transparency, and a sharp focus on the social and environmental impacts that matter to today’s markets. With operations across South America and Oceania, we’ve set clear goals to boost eco-efficiency in our facilities, tackle illegal deforestation in our supply chain, expand our Renove Program with partner ranches, and prioritize animal welfare.

• Our ambition to achieve net-zero emissions by 2035—15 years ahead of the Paris Agreement—sets us up to lead the industry in building sustainable solutions and cementing our global reputation as a sustainability leader.

  

  Monitoring Illegal Deforestation in Our Supply Chain

  

  Eco-Efficiency in Our Operations

  

  Expanding the Renove Program with Partner Ranchers

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  Read Our Commitment to Sustainability

Goals

• In the table below, you can find our global targets and their latest status. Explore more detailed information about our progress and interim targets in the Measurement Hub
  
  

• Eco-Efficiency in Our
  Operations Monitoring Illegal Deforestation
  in Our Supply Chain Developing the Renove Program with
  Partner Ranchers Animal Welfare

  Eco-Efficiency in Our Operations

  Goals

  Status

  By 2030, reduce greenhouse gas emissions intensity (tCO₂e/TPA) by 30% compared to 2020 for Scopes 1 and 2.
  
  Baseline:
  2020 emissions intensity = 0.20 tCO₂e/TPA

  In October 2024, Minerva Foods integrated 13 new operations in South America as part of our expansion. We calculated emissions for these assets through our annual inventory, including retroactive GHG emissions to ensure a transparent and efficient transition in climate management. In 2024, we refined our methodology for calculating TPA (Finished Product Tonnage) for more accurate intensity metrics. The TPA now covers the total products generated in industrial operations, including processed products and related businesses – such as Biodiesel, Casings, Leather and Ingredients -, whereas previously it only considered slaughter and deboning oriented production. With this change, the GHG emissions intensity values have been recalculated since 2020, ensuring comparability with the new methodological basis. With the inclusion of the new assets, the intensity of GHG emissions was 0.19 tCO2e/TPA.

  Maintain net-zero emissions for Scope 2 through market-based approaches by investing in and promoting renewable energy production.

  Since 2020, Minerva Foods has achieved net-zero Scope 2 emissions through the purchase of Renewable Energy Certificates (I-REC). This not only offsets emissions from electricity use but also supports the renewable energy market. Through Minerva Energy, we acquired 98% of Irapuru II Energia to develop a solar energy self-production project, supplying nine industrial units in Brazil and advancing our decarbonization plan.

  Monitoring Illegal Deforestation in Our Supply Chain

  Goals

  Status

  In Brazil, maintain 100% monitoring of direct suppliers based on the socio-environmental criteria in our ‘Sourcing of Agricultural Commodities and Animal Products’ policy.

  Minerva Foods monitors 100% of direct suppliers across all Brazilian biomes using socio-environmental criteria. Our geomonitoring system audits consistently outperform industry peers.

  By 2030, extend socio-environmental monitoring to direct suppliers in other South American countries with operations.

  We’ve achieved 100% socio-environmental monitoring of direct suppliers in South America (Argentina, Colombia, Paraguay, and Uruguay), meeting this goal six years early through investments in technology, strategic partnerships, and supply chain engagement.

  By December 2024, map production cycles (breeding, rearing, and fattening) for direct suppliers in all South American countries with operations.

  We’ve mapped production cycles for 100% of direct suppliers in South America, enhancing our understanding of the livestock value chain and supporting full traceability solutions in each country.

  By 2030, develop and implement a program to monitor indirect suppliers in South American countries with operations, based on our procurement policy’s socio-environmental criteria.

  The Minerva View Program builds on years of socio-environmental due diligence in our supply chain. It’s structured around three pillars: Direct Suppliers, Indirect Suppliers, and Supplier Requalification and Reinclusion.

  For Indirect Suppliers, we’re developing:

  • Full-Cycle Production Systems Protocol: Sets control and management criteria for direct suppliers with full-cycle systems (breeding, rearing, fattening) through technical visits and checklists to verify practices.
  • Individual Traceability Protocol: Ensures traceability and socio-environmental compliance for animals via official identification, audited by MAPA-accredited certifiers. In 2024, over 53,000 animals were processed under this protocol.
  • Tier 1 Protocol: Ensures traceability and socio-environmental compliance up to indirect suppliers at Tier 1.
  • SMGeo Prospec: A socio-environmental monitoring app developed with Niceplanet Geotecnologia, allowing direct suppliers to monitor their supply chain’s compliance for free. We’ve trained suppliers and promoted platform use, with over 1,100 registered by 2024 (35% of slaughter scale).
  • Visipec: Used in the Amazon, this tool maps supply chain risks for greater control and transparency over indirect suppliers.

  Developing the Renove Program with Partner Ranchers

  Goals

  Status

  By 2030, source at least 50% of animals from ranch operations participating in the Renove Program.e

  In 2024, we scaled up the Renove Program, driving decarbonization in agriculture with a focus on innovation and sustainability. Of animals slaughtered, 5.32% came from ranches certified under the Carbon Neutral protocol. Key progress includes:

  See our progress:

  • Carbon Neutral Product Certification
  • Expanded to 16 new ranches in Brazil and 108 in Uruguay.
  • Certified industrial units in Mirassol d’Oeste (MT), Palmeiras de Goiás (GO), Araguaína (TO), and BPU in Durazno, Uruguay, totaling seven certified units.
  • • Implemented emissions calculation tools aligned with the GHG Protocol for Agriculture and Livestock (WRI, 2015) and IPCC Guidelines (2019), enabling carbon footprint neutralization for certified ranches and industrial/logistical processes.
  • Strengthening Partnerships with Ranchers
  • Enhanced Renove Program strategies through training and technical assistance in:
  • Pasture planning/recovery;
  • Rotational grazing;
  • Integrated crop-livestock-forestry systems (ILPF);
  • Methane-reducing diets;
  • Methane-reducing diets, and genetic improvements for productivity.

  Ensure the use of internationally recognized, scientifically rigorous methodologies to measure the carbon footprint of participating ranches www.minervafoods.com in a system that is monitored, reported and verified, with support for the implementation of low-carbon practices

  Farms participating in the Renove Program undergo a rigorous technical assessment to account for emissions across all stages of the beef production chain — from cattle raising to the transport of raw materials and industrial processing of animal protein. Each year, the program improves data collection, calculation tools, and emission validation, enhancing the credibility and transparency of the process. Emission calculations are aligned with the GHG Protocol for Agriculture and Land Use (WRI, 2015) and the IPCC Guidelines (2019), and are verified and certified by a third party. Farms receive support from the Renove Program’s technical team in identifying and implementing low-carbon practices.

  Animal Welfare:

  Applicable to all species in our value chain (cattle, sheep, pigs, poultry, fish, and ingredients derived from milk and eggs:
  
  

  Global Goals

  Status

  By 2040, 80% of the global animal product chain will no longer utilize prophylactic and metaphylactic antibiotics.

  Currently, Minerva Foods has 62% of its supply chain mapped for animal welfare requirements. The goal is to reach 100% mapping by 2028 and implement all necessary adjustments to fully meet the target by 2040.

  Do not use cloned animals in the company’s global supply chain
  Do not use genetically modified animals in the company’s global supply chain
  Do not use growth hormones in the company’s global supply chain

  Minerva Foods’ Animal Welfare Policy expresses the Company’s position: the use of genetically modified or cloned animals, or animals that have been administered growth-promoting hormones, is not permitted in its supply chai. Policy expresses the Company .

  Reducing reliance on animal-sourced foods through waste reduction, improved raw material utilization, business focus realignment, protein diversification and product reformulation on a global scale.

  This is a recurring commitment by the Company. Minerva Foods has well-defined business strategies regarding the reduction of reliance on animal-sourced foods, which include waste reduction – such as through Minerva Biodiesel; improved raw material utilization – through Minerva Casings, Minerva Ingredients, and Minerva Leather; changes in business focus – through its Corporate Venture Capital initiative, investing in startups that promote businesses beyond the animal protein value chain, and through its subsidiary MyCarbon. Minerva Foods also invests in the production and commercialization of alternative protein products, offering soy-based milanesa and plant-based medallions in its portfolio.

  Ensure 15% of total hamburger production comes from formulations with a higher proportion of non-animal protein.  

  Minerva Foods invests in the production and commercialization of products with alternative proteins, including soy milanesas and patties (burgers that contain 60% plant-based ingredients in their formulation) in its portfolio. It is the Company’s commitment to maintain at least 15% of hamburger production with ingredients derived from non-animal proteins.

  By 2023, to replace the ingredient egg in all (100%) traditional pâté lines by plant-based products ingredients (e.g., potato and cassava flour).

  Between 2022 and 2023, the Company conducted tests that enabled the reformulation of its traditional pâté line, replacing powdered egg with plant-based ingredients such as potato flour. In 2023, the substitution was completed, resulting in the complete removal of powdered egg from the formulation and a reduction of approximately 1 ton of the ingredient purchased that year.

  By 2024, achieve animal welfare certification for all company manufacturing units.

  Currently, Minerva Foods has 62% of its supply chain mapped for animal welfare requirements. The goal is to reach 100% mapping by 2028 and implement all necessary adjustments to fully meet the target by 2040.

  Specific targeted goals that encompass important topics for the well-being of animals present in our chain, such as:
  

  Species-Specific Goals

  Status

  We established 54 Animal Welfare targets, based on market best practices, recommendations from internationally recognized organizations, and benchmarking. The targets related to specific species are detailed in the Animal Welfare Report.

  We closed 2024 with 29 commitments achieved (53.7%). Details on the progress made regarding the commitments by species can be found in the Annual Animal Welfare Report available on the Company’s website: minervafoods.com/relatorios/