Judge in Brazil orders slaughterhouses to pay for Amazon reforestation [Yahoo! Finance]
JBS S A S/ADR (JBSAY)
NASDAQ:AMEX Investor Relations:
jbss.infoinvest.com.br/?idioma=enu
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Source: Yahoo! Finance
The companies Distriboi and Frigon, along with three cattle ranchers, were ordered to pay compensation for causing environmental damage, according to the decision issued Wednesday. Cattle raising drives Amazon deforestation. The defendants may appeal. It is the first decision in several dozen lawsuits seeking millions of dollars in environmental damages from the slaughterhouses for allegedly trading in cattle raised illegally in a protected area known as Jaci-Parana, which was rainforest but is now mostly converted to pasture. Four slaughterhouses are among the many parties charged, including JBS SA, which bills itself as the world's largest protein producer. The court has not decided on the cases involving JBS. Brazilian law forbids commercial cattle inside a protected area, yet some 210,000 head are being grazed inside Jaci-Parana, according to the state animal division. With almost 80% of its forest destroyed, it ranks as the most ravaged conservation unit in the Brazilian Am
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News
- Major Meatpacker Sees No Relief From High Brazil Cattle Prices [Yahoo! Finance]Yahoo! Finance
- JBS SA (JBSAY) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Financial ... [Yahoo! Finance]Yahoo! Finance
- Brazil's JBS sees strong demand for meat in US [Yahoo! Finance]Yahoo! Finance
- JBS S.A. AND JBS USA FOOD COMPANY ANNOUNCE REGISTERED EXCHANGE OFFERS FOR ANY AND ALL OF THE EXISTING NOTES [Yahoo! Finance]Yahoo! Finance
- Brazil to Fight Deforestation With New Cattle-Tracking System [Yahoo! Finance]Yahoo! Finance
JBSAY
Sec Filings
- 11/14/24 - Form 424B3
- 11/14/24 - Form 6-K
- 11/13/24 - Form 6-K
- JBSAY's page on the SEC website