What is going on with JBS S.A.?
JBS S.A. (JBSAY) stock rose today after the company, one of the world's largest exporters of animal protein, announced that it is bringing forward its target of zero illegal deforestation for its secondary suppliers (suppliers of its suppliers) in the Cerrado, Pantanal, Atlantic Forest and Caatinga biomes from 2030 to 2025. This mirrors the commitment already established for the Amazon. Shares of JBSAY increased 1.22% to $11.66 as of Thursday at 11:18am
What does this mean for JBSAY?
To accomplish this, the company will utilize its Transparent Livestock Farming Platform, which has enabled the date to be brought forward. The platform uses blockchain technology to increase the traceability of the supply chain, as well as allow all direct suppliers of the company to evaluate their own suppliers to ensure that they are all in compliance with the JBS Responsible Procurement Policy.
Commencing January 2026, adherence to the Platform will become a mandatory condition for negotiating the sale of cattle to the company. This will make it possible to ensure all suppliers comply with JBS’ policy of zero tolerance for illegal deforestation.
In addition to expanding the deforestation monitoring system, JBS is assisting producers with their environmental impact through its network of Green Offices located at its processing units in several regions of the country. Thirteen offices have already opened to provide guidance to all producers who adhere to the Transparent Livestock Farming Platform.
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JBS SA is an international company involved in beef, lamb, and poultry processing. It is originally from Brazil. JBS is one of the world's largest exporters of animal protein, selling to more than 150 countries. Sales offices are in Brazil, United States, Australia, Canada, Argentina, Uruguay, Paraguay, Mexico, Italy, Ireland, United Kingdom, France, Netherlands, China, and Russia, among others. The company also sells hygiene and cleaning products, collagen, metal packaging, and biodiesel, among others. Its best-known brands are Swift, Friboi, Maturatta, Cabana Las Lilas, Pilgrim's, and Gold Kist Farms.
