About the report

GRI 102-10, 102-50, GRI 102-51, GRI 102-52, GRI 102-54, GRI 102-56

The Company publishes, annually, its sustainability report. It follows the protocol by Standards of Global Reporting Initiative (GRI), Essential model. This document, related to the year of 2018, reports all the operations and businesses of the Company – Minerva Foods and Athena Foods – during that period. The information related to the operations in Brazil (the performance indicators as well as the qualitative data) were subjected to analysis and independent validation from Grant Thornton Brasil LtdaAuditores Independentes and are shown in the Summary of this report.

With the resolution from the Board of Directors in August, 2018, Minerva became the sole shareholder of Athena Foods S.A., forming one company.

Materiality

GRI 102-46, GRI 102-47, GRI 102-49, GRI 103-1

Aiming at identifying the most relevant economic, environmental and social aspects for the stakeholders and for the Company, in 2019 there was new consultation with the public of interest, following the GRI guidelines, Standards version. The results of this procedure led for the selection of the content for the Minerva Foods Sustainability Report 2018.

By offering qualitative and not quantitative results, the main objective of this job is to allow the elaboration of a more concise report, aligned to the stakeholders’ expectations.

Based on the GRI guidelines, in strategic concepts of the Company and in relevant themes for the sector, the questionnaire was organized in four themes: Business, Products, Environment, and Social. Under each theme, seven subjects must have been organized according to its relevance. Thus, the opinions of the groups of interest were analyzed on 28 different subjects, whose limits for report are all the Company’s operations and businesses.Based on the GRI guidelines, in strategic concepts of the Company and in relevant themes for the sector, the questionnaire was organized in four themes: Business, Products, Environment, and Social. Under each theme, seven subjects must have been organized according to its relevance. Thus, the opinions of the groups of interest were analyzed on 28 different subjects, whose limits for report are all the Company’s operations and businesses.

Seven subjects were validated. They were considered the most relevant ones. Among them three are related to the theme ‘Business’; two to the theme ‘Environment’; and one to ‘Products’. The subjects on Ethics and compliance and Portfolio stood out – they are two new items for the Company’s materiality.

Water consumption (Environment): knowing actions for monitoring the consumption of water of the Company and the impact of livestock in water sources.

Portfolio (Products): knowing the Company’s high quality products supply, as well as its reliability and variety. Knowing the other group’s businesses (distribution, electric power, industrialized products, living cattle export, leather, casings, biodiesel and other by-products).

Financial Results (Business): knowing, in a transparent way, the economic performance and the main financial results of the Company.

Well-being and life quality (Social): knowing the way the Company values its employees, encouraging competences and offering a motivating working environment.

Energy consumption (Environment): knowing the Company’s actions to raise rational use of power, as well as the use of renewable sources (following the example of biofuel used from bovine sebum).

Efficiency and management (Business): knowing the investments and actions taken for projects of innovation, technology and efficiency.

Ethics and compliance (Business): knowing the actions that ensure the Company an ethical and responsible business practice in its businesses and with its partnerships, as well as anti-corruption/anti-bribery practices).

Contact Information

GRI 102-53

Minerva Foods
Av. Antônio Manço Bernardes, s/nº
CEP 14.781-545 – Barretos – SP
Tel.: +55 (17) 3321-3355

R. Leopoldo Couto de Magalhães Jr, 758
Conjunto 82, 8º Andar
Itaim Bibi, CEP 04.542-000
São Paulo – SP
Tel.: +55 (11) 3074-2444