2020 Highlights

In a challenging year for the Company and society, Minerva Foods achieved positive performance and worked for the well-being and integrity of employees and communities

A word from our leadership team

“Year after year, we at Minerva Foods have reaffirmed our purpose to supply high-quality food products through a business model that combines world-class operations, innovation, ethics and quality with industry-relevant social an environmental standards. We would like to thank each of our employees, partners and customers for your contribution to a successful journey in 2020.”

Fernando Galletti de Queiroz, CEO
Ibar Vilela de Queiroz, Chairman of the Board of Directors

R$ 2.14 bi of Ebitda

100% of operations analyzed on corruption risks

Operations and presence

19,000+ employees

40,000+ cattle supplier properties

Production in Brazil

390,000+ metric tons

Production in South American countries

670,000+ metric tons

25 slaughter plants

03 processing plants

14 distribution centers


16 commercial offices


Performance on material topics*

Ethics and compliance

100% of operations assessed for corruption risks

1,804 people trained on compliance topics

Food Safety

100% of operations covered by risk assessment and quality assurance programs

Animal welfare

99% conformity in third-party audits

Workplace conditions

30% 30% reduction in occupational injury rates and 2,200 fewer lost days resulting from work injuries

Some 12,000 employees participated in our cultural renovation program

Relationship management and local development

More than R$ 42 million invested in aid and support as part of our pandemic response

Business relationship
with more than 15,000 producers in South America

Supply chain monitoring

100% of direct suppliers monitored in Brazil and 75% of the paraguayan territory

Pioneering in the monitoring test of indirect suppliers

Water usage

13.7% in absolute water consumption in plants in Brazil

7.6% reduction in absolute water consumption in plants in other countries

Greenhouse gas emissions

38,000 metric tons of CO2removed from the atmosphere by planted trees

Zero Zero net scope 2 greenhouse gas (GHG) emissions

* Our ESG approach to topics prioritized by stakeholders. For further information, read the complete report

A commitment to sustainable beef

Ethical and transparent relations, monitoring sensitive regions, and environmental efficiency are a focus of Minerva’s efforts

Pioneering in monitoring 100% of the Brazilian territory and in the expansion of monitoring programs to the entire Paraguayan territory

1st company to perform monitoring tests of indirect suppliers

Supply chain traceability

We use the best technology available to guarantee full traceability of our cattle suppliers, while also ensuring environmental, labor, and land-use compliance across our producer portfolio.

Our efforts in the Amazon:

Minerva monitors more than 9.6 million hectares in the Amazon

In 2020, 3,770 supplier properties were monitored


In 2020, the Company was a pioneer in expanding geospatial monitoring to cover the entire Brazilian territory. Minerva monitored more than 2 million hectares in the Cerrado biome, and 250,000 in the Pantanal and the Atlantic Forest

Progress in Paraguay

Currently, 75% of cattle purchases in Paraguay’s Gran Chaco undergo social and environmental screening

Indirect suppliers

Minerva uses a platform called Visipec to screen indirect suppliers A pilot traceability project covers properties selling calves or stockers to Minerva’s direct suppliers

The pilot traceability project reaches calves´ or stockers´ owners that trade with suppliers that sell directly to Minerva Foods

Early pilot results:

3,314 indirect suppliers (Mato Grosso and Roraima)

99,9% compliance


Environmental management spans across different areas and issues—from natural resource access and use to waste and emissions—and directly affects the Company's business strategy and related risks and opportunities.

In 2020, EMS systems were standardized across all plants in Brazil and in other countries

Environmental Management System (EMS):

In 2020, EMS systems were standardized across all plants in Brazil and in other countries.

Focus topics

Water stewardship

13.7% reduction in water consumption at plants in Brazil and 7.6% in other countries

Consumption (m³)
Minerva Foods6,478,855.705,112,464.294,493,368.50
Athena Foods5,630,278.007,444,218.006,914,830.00


The inclusion of scope 3 emissions in 2020 resulted in a 34% increase in total emissions

Zero net scope 2 emissions achieved by purchasing international Renewable Energy Certificates (i-RECs), such as from hydro or solar power projects

More than 38,000 metric tons of CO2e offset by planting trees in reforestation areas

Greenhouse Gas Emissions (tCO2e)
Scope 1340,413.47192,897.10233,274.66
Scope 216,514.8217,292.0514,590.81
Scope 3--34,541.27


1,471 solar panels installed in corrals at the Bucaramanga operation in Colombia

Total energy consumption (GJ)201820192020
Minerva Foods591,421.64255,180.00258,351.45
Athena Foods365,477.54665,759.39657,699.95

Quality and animal welfare

Respect for life combined with high standards of food safety and product quality to ensure high standards in these areas

99% compliance in thirdparty audits

42 animal welfare indicators under monitoring

Safe, certified products

100% of operations certified to the British Retail Consortium Global Standard (BRCGS) in Brazil, Paraguay and Uruguay. In Argentina, our Pilar and Rosário operations are also certified.

New export certifications

- All plants in Brazil are certified to export raw materials to Japan

- New certifications received for exports to: the US, Mexico, Canada and Lebanon

100+ Producers engaged in the organic beef supply chain

Animal welfare

Animal Welfare Policy and Program

Our Animal Welfare Policy and Program apply international standards and a stringent, zero-tolerance approach to animal abuse, negligence or cruelty, striving at all times to implement the best handling practices, training for those involved and continuous verification at all stages of production. Implementation is monitored by our Animal Welfare Committee

An average of 99% conformity in third-party audits

42 Program indicators monitored in 2020 in Brazil, 25 more than in the previous year

R$ 1,15+ million invested in animal welfare initiatives

466 animal welfare training sessions in 2020,

attended by 460 direct

and 1,158 third-party employees

41.61% of animals raised on pasture

10.91% in semi-confinement

7.65% in pasture confinement

39.83% in confinement

Pasture-based cattle farming is predominant in South America. Semi-confinement and pasture confinement are growing and finishing strategies in which animals spend 100% of the time on pasture and receive additional nutrition (feed) in troughs. Confinement is a finishing method in which animals are confined during only 8% to 10% of their lifetime, considering the average slaughter age of 30 months. Even in confinement, the breeding and backgrounding stages are entirely pasture-based.


People and culture

Our presence in different countries and geographies strengthens Minerva’s role as an employer and challenges us to evolve our way of doing things and working

Culture transformation

Some 12,000 employees engaged in a corporate culture assessment that re-articulated our purpose and values

48 culture ambassadors selected to represent employees in disseminating and championing our values

Our purpose

To create a sustainable food future for our planet.

Our values

  • Sustainability
  • Recognition
  • Reconhecimento
  • Commitment
  • Results orientation


Minerva Foods*

* All contracts are for an indefinite term and all employees are full time.

Athena Foods

Health and safety

100% of our plants Equipped with outpatient care services and health professionals

COVID-19 response: key steps taken

  • Created a committee to oversee implementation of a COVID-19 prevention protocol developed in collaboration with specialists from Albert Einstein Hospital, ensuring employee safety against virus spread;
  • Enhanced sanitary protocols, with plant employees separated into small clusters;
  • Implemented physical barriers for segregation and reorganized the plants;
  • Installed new sanitary barriers for hand washing, with accompanying instructions;
  • Reduced shuttle bus occupancy by 50%, with standardized seating arrangements;
  • Assigned all eligible employees to work from home;
  • Suspended all travel;
  • Launched engagement and awareness campaigns.

Zero fatalities in all our operations

30% reduction in occupational injury rates

No-lost-time injuries
204 at Minerva Foods
101 at Athena Foods

Lost-time injuries
26 at Minerva Foods
255 at Athena Foods

Impact on surrounding communities

R$ 42+ million Allocated to purchasing products and equipment for the pandemic response in surrounding communities

Programs and projects

  • Operação Acolhida – 31 Venezuelan nationals hired at Minerva
  • Education for transformation – school materials about inclusive and equitable education; in 2020, 5,900 employees were benefited by the initiative
  • Rural Community Aid Program (PASCOR) – approximately 4,000 masks produced and distributed to communities