-- Shares of JBS SA, the world’s biggest meat company, and other Brazilian beef producers slumped on the news that China is starting a probe into its imports of the meat, which have surged in recent years. The Asian country, the world’s largest beef buyer, will decide if a surge in shipments from overseas has hurt the domestic industry, the …
Several Dutch pension funds are pulling out of large Brazilian meat companies because they don’t meet the pension funds’ sustainability requirements, Financieele Dagblad reports. “Livestock farming causes large amounts of methane and CO2 emissions and is, therefore, a factor in climate change,” a spokesperson for the metal and technology sector’s pension fund PME said to the newspaper. “After fossil fuels, …
