JBS Faces US Lawsuit Regarding Climate Goals
Lawsuit Against JBS: Brazil's JBS faces a lawsuit from advocacy group Mighty Earth, accusing the company of making false climate claims regarding its net-zero emissions goal by 2040, ahead of global climate talks in Brazil.
Allegations of Greenwashing: The lawsuit alleges that JBS's claims are misleading and that the company lacks a credible plan to address supply chain emissions, violating the D.C. Consumer Protection Procedures Act.
JBS's Response: JBS has rejected the allegations, asserting that its sustainability goals are based on science and transparency, and that it is making measurable progress towards a sustainable food system.
Broader Implications: The case against JBS is part of a larger trend of legal challenges against companies for "greenwashing," with similar complaints filed against financial institutions like Barclays for their involvement in sustainability-linked bonds.
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