MRV Engenharia

MRV’s supplier engagement strategy is embedded in its supplier development programme. However, the company lacks clarity on the scope and outcomes of its supplier engagement. In its CDP response, the company reports it is part of the CDP supply chain programme, and since 20 18 it has requested 100 of its suppliers to disclose environmental data to CDP. The company can go further by encouraging suppliers to set science-based targets and developing joint low-carbon research and development (R&D) projects.

MRV provides a sustainable resident guide to all its customers with information on recycling, water and energy consumption . Further, the company offers its clients electricity from low-carbon renewable energy sources. In 2021, these actions resulted in avoiding approximately 40 tonnes of carbon dioxide equivalent (tCO2e). However, this accounted for only about 0.2% of the company’s 2021 emissions. The company does not include greenhouse gas (GHG) emissions reduction targets in its client engagement strategy. Moreover, the impact of the company’s client engagement strategy is not monitored and is limited to information sharing.

The company only reports total in-use predicted emissions for its delivered buildings. To allow for an analysis of its past and future performance against its 1.5°C pathway, MRV needs to report its emissions intensity and floor area (present and expected). The company also needs to report the current and predicted share of low-carbon buildings and the expected number of buildings subject to renovation to enable an analysis of the company’s low-carbon building share.

The company has not published a low-carbon transition plan, but there is evidence that it plans to make one publicly available within the next year. The company has conducted climate change scenario testing. The scenario analysis applies to all of the company’s building-related operations and the timescale extends up to 2030. However, the results are not publicly available, nor are they integrated into the company’s sustainability report.

MRV has not set emissions reduction targets, nor any other quantified measure of decarbonisation success. The company has committed to setting science-based targets. It is waiting for the validation of its targets by the Science Based Targets initiative (SBTi) to develop its low-carbon transition plan

The company does not yet have a low-carbon transition plan. However, MRV has stated that it intends to develop one shortly. It has conducted a climate scenario analysis that has considered the implications of a 1.5°C scenario to inform the transition plan.

The company offers electricity from low-carbon renewable energy sources to its tenants through solar installations in new buildings. In 2021, the company avoided approximately 40 tCO2e through this strategy, though these avoided emissions accounted for just 0.2% of the company’s in-use buildings emissions.

The company does not disclose emissions intensity or future renovation data. There is no evidence that the company is investing in research and development (R&D) of low-carbon technologies.

The consistency of the company’s environmental strategy is hindered by the lack of a transition plan and emissions reduction targets. However, the company’s actions towards a low-carbon transition do include engaging with its supply chain and embedding a climate-related strategy at the board level.

MRV publicly discloses a commitment to engaging in social dialogue with workers and unions. However, no relevant disclosure was found regarding the categories of stakeholders it engages with on a just transition. Nor was there any evidence to show the company’s ongoing social dialogue and meaningful engagement with affected stakeholders.

No evidence was found of the company undertaking just transition planning to mitigate the social impacts of the low-carbon transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment by MRV was found stating its intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found of the company’s action to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups. Additionally, no relevant disclosure was found of the company’s assessment of employment dislocation risks.

No public commitment by the company was found stating its intention to re- and up-skill workers displaced by the low-carbon transition. Additionally, no evidence was found that the company re- and up-skills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if MRV identifies impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders.

No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

MRV has a grievance mechanism available to workers and external stakeholders to report human rights concerns. However, no other company policies or commitments related to respect for human rights were found in the public domain. This includes the necessary policies and systems by which the company can ensure respect for basic human rights in its operations and supply chain.

While MRV commits to respecting worker health and safety, no evidence was found that it expects the same commitment from its business relationships. Further, no evidence was found of the company having a time-bound target for paying all its workers a living wage. While the company discloses the proportion of its direct workforce covered by collective bargaining agreements, no relevant disclosure was found of the company’s required working hours. The company discloses some indicators of workforce diversity, including the age and gender of its workforce by employee category. However, no relevant disclosure was found of additional indicators of workforce diversity. Moreover, there is no evidence that the company commits to promoting gender equality and women’s empowerment.

MRV commits to protecting personal data and discloses a privacy statement regarding its use of personal data. There is, however, no evidence that the company discloses its global tax strategy and the corporate income tax it pays in individual jurisdictions. The company has a policy prohibiting bribery and corruption and includes corresponding clauses in its business relationship contracts. Moreover, the company specifies that it does not make political contributions. However, no relevant disclosure was found of the company’s lobbying and political engagement policy and its expenditure on lobbying activities.