Reject JBS New York Stock Listing, UK Lawmakers Urge (2)

Jan. 9, 2024, 11:44 PM UTC

A group of UK lawmakers is planning to push the US Securities and Exchange Commission to block listing JBS SA, the world’s largest meat supplier, on the New York Stock Exchange, citing efforts to fight climate change.

JBS “has a well-documented history of engaging in deforestation, violating human rights, and seizing land from Indigenous communities,” according to a draft letter signed by 12 parliamentarians that was expected to be delivered Wednesday to SEC Chair Gary Gensler. “The company’s practices pose a significant threat to the ecosystem for global climate regulation and biodiversity conservation.”

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