15 OCT 2024 –Riyadh, Minerva Foods, a multinational food company and one of the world’s leading beef producers, is committed to creating connections between people, food and nature, and FII Institute, a global non-profit foundation with an investment arm and one agenda: Impact on Humanity, has announced their strategic partnership aimed at accelerating the transition to sustainable food systems. This partnership enables Minerva Foods to contribute to meaningful initiatives that drive positive change in the global food system, promote sustainable practices, and address relevant causes such as food security, climate change, and supply chain transparency. Through collaboration and knowledge sharing, FII Institute and Minerva Foods aim to drive sustainable transformation in the food industry. The partnership will also support investment in sustainable food technologies to drive innovation and improve efficiency.
Minerva Foods, a multinational food company and one of the world’s leading beef producers, committed to creating connections between people, food and nature, will be present at FII8, a meeting of leaders and executives from around the world, to discuss investment opportunities that provide sustainable growth for countries.
Minerva Foods maintains a strategy of expanding geographic diversification, with the aim of mitigating risks and maximizing opportunities in the global animal protein market, always respecting our commitment to financial discipline, sustainability and creating value for shareholders. This strengthens its position as a leading global player in the animal protein market from South America. The Company emphasizes respect for consumers, ensures the welfare of livestock, and maintains food safety throughout its production cycle.
MyCarbon, a subsidiary of Minerva Foods for the origination and sale of carbon credits, is one of the company’s main investments. The company was created to promote a new business model based on sustainability, transforming production chains to address climate change. MyCarbon also supports Minerva Foods’ decarbonization journey, promoting regenerative practices alongside the suppliers.
FII Institute is renowned for its commitment to advancing knowledge and fostering profound dialogue on critical investment around sustainable food systems. Gathering leaders and visionaries from across the globe, FII Institute provides a variety of platforms for meaningful exchanges and impactful initiatives. Besides, FII Institute publications such as the FII Priority Compass, Impact Reports, White papers, Op-eds, and grassroots initiatives on education in Kenya and Brazil demonstrate our commitment to supporting sustainable development and attracting investment globally. The FII Institute also convenes world leaders, policymakers, top CEOs, investors, academia, NGOs, entrepreneurs, innovators, scientists, activists, and media for its annual flagship conference in October in Riyadh. It also hosts FII PRIORITY summits worldwide in cities like Miami, Hong Kong, and Rio de Janeiro, which serve as international hubs of investment, innovation, and inspiration.
Richard Attias, CEO of the FII Institute, welcomed Minerva Foods to its growing list of international partners noting “This partnership marks a significant milestone for both FII Institute and Minerva Foods, as it represents the first strategic collaboration of its kind with a Latin American company. Minerva Foods’ participation at the FII Summit in Rio de Janeiro demonstrated its commitment to building strong relationships with FII Institute. We aim to leverage our combined expertise to drive positive change in the global food supply chain and promote sustainable food systems.”
Fernando Queiroz, CEO of Minerva Foods, commented “The remarkable growth Saudi Arabia is experiencing, coupled with Brazil’s advancements in food production, establishes a strong and long-lasting foundation for cooperation between our two nations. This partnership presents significant opportunities to develop a production hub in Brazil, complemented by a logistics hub in Saudi Arabia. Together, we can contribute more meaningfully to addressing the global challenge of feeding the world’s population.”
FII Institute will welcome over 7,000 registered attendees and over 500 speakers for the flagship annual conference FII8 from October 28 – 31 under the theme, “Infinite Horizons: Investing Today, Shaping Tomorrow. Discussions will focus on disruptive technology, connecting ideas to investments, and accelerating innovation for the betterment of business and society.
Media Inquiries
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About FII Institute:
The Future Investment Initiative (FII) Institute is global non-profit foundation with an investment arm and one agenda: Impact on Humanity. Global, inclusive, and driven by data: we foster great minds from around the world and turn ideas into real-world solutions and actions in four critical areas: Artificial Intelligence (AI) and Robotics, Education, Healthcare and Sustainability.
About Minerva Foods
Minerva Foods is the largest beef exporter in South America and operates in the industrialized segment, selling its products to more than 100 countries across 5 continents. In addition to Brazil, Minerva Foods is present in Paraguay, Argentina, Uruguay, and Colombia, and has specialized sheep plants in Australia and Chile. The company supplies five continents with beef, lamb, and their by-products and currently operates 46 industrial units, 17 international offices, and 23 distribution centers.
About MyCarbon
MyCarbon is a subsidiary of Minerva Foods, a leading exporter of beef in South America. The Company’s goal is to originate carbon credits and connect them to companies that wish to neutralize their emissions in a transparent, safe and sustainable manner. The company develops and markets carbon credits in line with international standards, creating financial opportunities for nature conservation, accelerating climate action and promoting a low-carbon future.
