Mighty Earth reported JBS to the U.S. Securities and Exchange Commission (SEC) for allegedly misleading investors by issuing $3.2 billion in “green bonds.” According to the organization, the company linked these bonds to its goal of achieving net-zero emissions by 2040, despite an increase in its emissions in recent years. Additionally, the organization indicates that JBS omitted 97% of its carbon footprint from its calculations by excluding emissions from its production chain.
Complaint against sustainable bonds
By patosarda|2025-04-27T09:36:23-03:0018/01/2023|Commitments, Corporate Governance Problems, Social and environmental impacts|0 Comments