EU deforestation law will affect earnings of JBS, Marfrig and Minerva

JBS, Marfrig and Minerva should not meet the requirements of the law that the European Union may pass next week to block imports of commodities associated with deforestation (both legal and illegal) that occurred after December 2020.

According to an analysis by Chain Reaction Research (CRR), the law will affect companies’ operating profits and may impose fines on them for environmental damage in their chains.


Read the full article here