Mrv
MRV Engenharia, commonly referred to as MRV, is a leading player in the Brazilian real estate sector, headquartered in Belo Horizonte (BR). Founded in 1979, the company has established itself as a pioneer in affordable housing, focusing on residential developments across major urban regions in Brazil. With a commitment to innovation and sustainability, MRV offers a diverse portfolio of properties, including multi-family units and integrated communities. Their unique approach combines quality construction with competitive pricing, making homeownership accessible to a broader audience. Recognised for its significant contributions to the housing market, MRV has achieved numerous accolades, solidifying its position as one of Brazil's largest homebuilders. The company continues to drive growth and set industry standards, reflecting its dedication to enhancing the living experience for countless families.
DitchCarbon Score
How does Mrv's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mrv's score of 51 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mrv's reported carbon emissions
In 2024, MRV Engenharia e Participações S.A., headquartered in Brazil, reported total greenhouse gas emissions of approximately 113,000,830 kg CO2e. This figure includes 10,118,000 kg CO2e from Scope 1 emissions, 1,373,500 kg CO2e from Scope 2 emissions, and a significant 100,854,330 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (6,348,000,000 kg CO2e) and employee commuting (30,000,000 kg CO2e). In 2023, the company recorded total emissions of about 143,000,580 kg CO2e, with Scope 1 emissions at 6,402,110 kg CO2e, Scope 2 emissions at 943,010 kg CO2e, and Scope 3 emissions reaching 136,184,470 kg CO2e. The 2022 emissions data showed a total of approximately 192,000,920 kg CO2e, comprising 4,448,780 kg CO2e from Scope 1, 1,264,880 kg CO2e from Scope 2, and 182,917,260 kg CO2e from Scope 3. MRV has set ambitious near-term targets through the Science Based Targets initiative (SBTi), committing to reduce absolute Scope 1 and 2 GHG emissions by 48.8% by 2030 from a 2019 baseline. Additionally, the company aims to cut Scope 3 emissions from purchased goods and services and the use of sold products by 27.5% within the same timeframe. Furthermore, MRV plans for 14% of its suppliers, based on emissions from purchased goods and services, to establish science-based targets by 2028. These commitments reflect MRV's proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 4,448,780 | 0,000,000 | 00,000,000 |
| Scope 2 | 1,264,880 | 000,000 | 0,000,000 |
| Scope 3 | 182,917,260 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mrv is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
