30 non-profit groups cautions potential investors in Brazilian meat companies

An international group of 30 non-profit groups, including Global Witness, Rainforest Action and Greenpeace Brasil, published an open letter on Wednesday warning investors considering buying shares in two Brazilian meat giants of their exposure to deforestation. Shares held by the Brazilian Development Bank (BNDES) in JBS and Marfrig – two of the world’s biggest meat companies – will go on sale next year.

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Source: Financial Times

Categories: Geopolitics

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