CHICAGO, Ill. (Reuters) — Brazil needs a mandatory government program to track cattle being raised for beef to prevent deforestation, the head of the world’s largest meat company, Brazil’s JBS, said recently. Cattle ranching, along with clearing land to sell timber or grow crops, is driving deforestation in the Amazon rainforest. The destruction of rainforests, […] Read more
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Environmental activists pressure U.S. regulators to halt JBS listing
SAO PAULO/CHICAGO (Reuters) — A coalition of environmental groups is pushing American securities regulators to thwart JBS’s New York share listing over concerns about the world’s largest meatpacker’s impact on deforestation, climate change and other issues. The Brazilian company hopes a U.S. listing will attract a broader investor base to give it more access to […] Read more
