Critics fear decision to list Brazil-based firm JBS, long linked to Amazon’s deforestation, will add to the climate crisis
Environmental groups are outraged that the world’s biggest meatpacking company, JBS, which has long been linked to Amazon’s deforestation, has received approval from US authorities to list on the New York Stock Exchange.
The decision, announced on Tuesday by the Securities Exchange Commission, follows reports that JBS subsidiary Pilgrim’s was the biggest donor to the inauguration committee of Donald Trump. Since taking power, Trump has reduced the independence of the SEC and other agencies, demanding their work be “controlled” by the president.
