Dramatic events at meat firms JBS and BRF are a reminder to IROs of the importance of a sustainable supply chain
JBS, the world’s largest meat processor, is preparing for a billion-dollar IPO on the NYSE this year. But its plans were significantly undermined in March after a two-year investigation by the Brazilian authorities revealed high-level government and corporate involvement in a scheme to disguise and sell rotten meat to the domestic and international retail market. This sparked consumer outcry, numerous import bans on Brazilian beef and a single-day fall of 11 percent in JBS’ share
You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..
- Unlimited deep dives
- Data-driven research around key topics
- Buy-side insights
- Benchmarking reports
From
$1495
Maria Lettini
Director of the FAIRR investor network
