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Stock impact report

Consumers Unwilling to Pay Up for Sustainable Food, JBS Says [Yahoo! Finance]

JBS S A S/ADR (JBSAY) 
NASDAQ:AMEX Investor Relations: jbss.infoinvest.com.br/?idioma=enu
Company Research Source: Yahoo! Finance
Most Read from Bloomberg How Americans Voted Their Way Into a Housing Crisis World's Second Tallest Tower Spurs Debate About Who Needs It UC Berkeley Gives Transfer Students a Purpose-Built Home on Campus The Plan for the World's Most Ambitious Skyscraper Renovation Chicago Halts Hiring as Deficit Tops $1 Billion Through 2025 “We can't assume that the consumer will pay that bill,” JBS SA Chief Executive Officer Gilberto Tomazoni said during the Global Business Forum for the G-20 group. “We need to increase productivity to lower the cost of food and make it more accessible.” Food producers have been under mounting pressure to reduce their contribution to climate change by reducing deforestation and lowering the use of synthetic nitrogen fertilizers. Agriculture accounts for more than one-fifth of global carbon emissions, according to the Intergovernmental Panel on Climate Change. The food industry will need as much as $350 billion a year until 2030 to fund the adoption Show less Read more
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