Industry News

MARFRIG IS THE LEADER IN THE BEEF PROTEIN INDUSTRY AND THE ONLY COMPANY RANKED AS LOW RISK BY THE FAIRR INITIATIVE GLOBAL RANKING

For the third consecutive year, Marfrig, a global leader in hamburger production and one of the largest beef companies in the world, is the beef protein company with the best ranking in the latest Coller FAIRR Protein Producer Index, published today. The company rose four positions in the overall ranking, from seventh to third, guaranteeing its best result so far since the company entered the ranking. Marfrig is also the only company ranked as low risk among the 11 beef protein companies.

The fifth edition of the ranking is produced by the FAIRR Initiative, a collaborative network of more than 360 international investors that aims to raise awareness about the environmental, social and governance (ESG) risks and opportunities posed by intensive livestock farming. The initiative assesses 60 global animal protein companies based on ten risk indicators—including greenhouse gas emissions, water use, deforestation and animal welfare—and is used by major investors around the world to make decisions based on sustainability criteria.

The 2022 edition shows that, compared to last year, the overall Marfrig score in the ranking increased 11 percentage points, reaching third place among all companies evaluated. After implementing the new methodology adopted by the FAIRR Initiative this year, the company improved in seven of the ten items evaluated.

Marfrig is one of the only two companies in the ranking that provides guidance and technical support to farmers to help manage water availability and risk—98% of the water footprint of meat and dairy comes from food production.​

“This year, Marfrig achieved its best position in the FAIRR Initiative ranking. This assessment reflects the advances made in the ESG scope and the consolidation of the Marfrig Verde+ Plan, launched in 2020", says Paulo Pianez, director of Sustainability and Corporate Communication at Marfrig. “Our main objective is to make our value chain 100% deforestation-free and we achieved significant results in 2022, with an outreach of 72% of indirect supplier monitoring in the Amazon and 73% in the Cerrado (Brazilian savanna)."