Meatpacking giant and Amazon deforester JBS bid for NYSE listing challenged

At least 200,000 hectares (495,000 acres) of deforestation is estimated to have occurred within JBS’s direct supply chain since 2008, according to a 2020 study by Chain Reaction Research. An additional 1.5 million hectares (3.7 million acres) of forest has been felled in the company’s indirect supply chain.


A bid by global beef-processing giant JBS for a listing on the New York Stock Exchange, giving it access to an influx of global investments, may be under threat following complaints lodged by environmental groups with the U.S. Securities and Exchange Commission. The SEC decision currently remains in the balance, with JBS aiming to join the NYSE by the end of the year.

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