Brazil meat giant JBS vows net zero by 2040 amid record profits
by Dom Phillips from on (#5FSPS)
Much of net-zero target could be met if JBS ended deforestation by Amazon suppliers, say campaigners
The Brazilian company JBS, the world's biggest meat processor, has announced record profits a day after it pledged to reach net-zero greenhouse gas emissions by 2040 - the first global meat and poultry company to do so.
Surging exports to China and Hong Kong fed its record profit of 4bn Brazilian reais (516m) for the last quarter of 2020 - up a staggering 65% on the previous year - the company said on Wednesday night. Sales to China and Hong Kong from Brazil grew by about 60%, it said.
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