Relationship with stakeholders
GRI 102-40, GRI 102-42, GRI 102-43, GRI 102-44
The Company believes in the importance of every stakeholder for the success of its operations, highlighting among their main stakeholders are the local communities, civil society, customers, shareholders and financial stakeholders, vendors, internal and external employees, unions and public agencies.
One of the primary forms of stakeholder engagement is through a survey of the most relevant topics which is the backbone of the annual Sustainability Report. This survey, developed through the use of questionnaires, interviews, research and analysis of the segment helps to map out the main subject matter for the Company’s stakeholders and engage those involved in each topic.
In 2018, a revision of the Company’s Materiality was performed, using a new engagement procedure for the identification of the most relevant topics, and the criteria selected by the stakeholder participants were the high level of demand on issues of sustainability and high legitimacy on their categories.
Cattle breeder, associations and labor unions
Always aware of the realities of its supply chain, the Company looks for ways to remain close to cattle breeders and their representing associations, through an active communication such as sending informative emails on the sector and promoting events on topics such as field efficiency, sustainability, animal health and welfare. The program Falando de Pecuária, a discussion roundtable, invites the cattle breeders for events focused on topics that interest them.
In Brazil and in other countries in which it operates, the Company is committed to the participation of groups of the segment such as GTPS (Roundtable for Sustainable Livestock), of which the Board is a member of and in the discussion boards with several key players of the sector. Including, Mesa Argentina de Carne Sostenible, and it participates in discussions with Non-Governmental Organizations (NGOs), such as the WWF in Paraguay, and government agencies as USAID.
Shareholders and Financial Stakeholders
The engagement with stockholders and financial stakeholders is developed through topics such as the economic scenario, company strategy, in addition to the operational and financial performance of its domestic and foreign operations. Further engagement is carried out through organized events such as Minerva Day, in São Paulo and New York, and teleconferences to present quarterly and annual results.
In addition to maintaining financial information on its website available to the general public, and quick access to its open communication channels, the Company offers shareholders and financial stakeholders a direct link to its Investor Relations team.
As the employees are essential to the Company, several initiatives are organized to strengthen their engagement, exploring topics directly connected to their daily work life as well as health and family issues.
In 2018, the main highlight of employee engagement was the SGI Journey, that promoted awareness on topics in relation to Sistema de Gestão Integrado (SGI) (Integrated Management System), especially regarding the environment, health and safety, food safety and social responsibility. The journey included several of the Company’s business units, including those in its international operations.
To commemorate special days such as Mothers’ Day, Children’s Day, Women’s Day and employees birthdays, the Company holds celebrations, hands out gifts and gestures of appreciation, such as massages that were offered on Women’s Day at some of the business units. Christmas is an opportunity to spread solidarity, by collecting food, clothes and toys to be donated to charity organizations.
Employees health receives special attention through programs such as Project Maternity which promotes special care for expecting mothers and handing out information on pregnancy and the care of mother and child. Pink October promotes breast cancer prevention through lectures and awareness.
International Day of People with Disabilities is also a very important celebration. It promotes reflecting on the issue as well as the sharing of ideas on how to include people with disabilities in the Company.
One of the activities the Company has in order to engage with local communities is Projeto de Assistência às Comunidades Rurais (Pascor), which operates in Abaetetuba (Pará), in partnership with the Sindicato dos Produtores Rurais of Igarapé-Miri, Federação da Agricultura e Pecuária of Pará (Faepa) and the Secretaria Estadual de Desenvolvimento Agropecuário e de Pesca (Sedap). The Project supports the work of institutions involved with rural farming communities to help improve the income and quality of life of small family farms.
In 2018, these communities were able to participate in Jornada SGI (SGI Journey) through the activity of Portas Abertas (Open Doors), organized with the objective to promote an integration between the Company and the communities in which it operates.
GRI 308-1, GRI 308-2, GRI 409-1, GRI 414-1
The Company operates under strict criteria to ensure that its suppliers of cattle follow policies that reject the use of child, forced or slave labor, are not involved in rural violence and agrarian conflicts. In addition, relying on the assistance of the Programa de Cálculo do Desflorestamento da Amazônia (Prodes), from the Instituto Nacional de Pesquisas Espaciais (Inpe) it ensures ranchers do not promote the exploitation of embargoed, conservation and protected areas, encroachment on Indigenous Lands and deforestation of the Amazon biome. Therefore, it performs assessments based on socio-environmental criteria mentioned above, terminating commercial relations with those who break the law, until they are in complete compliance with the regulations.
Minerva Foods assesses all new registered suppliers, and conducts periodic assessments of all current registered suppliers, privately monitoring approximately more than 8 million hectares in the Amazon Biome. In 2018, Minerva negotiated for its prime material cattle, from over 5,232 suppliers with an additional 2,001 added to its supply chain. During this period, 162 cases of ineligibility were identified as high risk potential, of which 159 displayed inadequacies identified by geospatial monitoring of their property, two had been black listed by the Ministry of Labor and Employment and one for having overlapped into indigenous land.
Exemplifying their commitment to sustainability in the industry, the Company participates in the Grupo de Trabalho da Pecuária Sustentável (GTPS), the first roundtable for sustainable beef in the world. Sustainable Livestock adds value to the business by allowing subsidizing purchase through land intelligence. It is possible to identify the exact location and type of cattle of each producer by production land management through accurate data collection, and above all geographical coordinates. This allows for more target specific purchases geared towards the final product, in addition to optimizing expenses on logistics.
Buying Cattle Convention 2018