JBS S.A.
Collaboration details
A proposed corporate restructure as part of JBS’s dual listing proposal would hand 85% of voting rights to the Batista family at the point of listing, disenfranchising minority shareholders and limiting stewardship opportunities to shape the company’s deforestation, climate and human rights impact. JBS intend to finalise the listing by end 2023.
Please reach out to areid@globalwitness.org for further information.
Objectives
What are we asking you to do?
1. Suspend support for, and further investment in, JBS or its subsidiaries until they provide a credible plan to address their emissions and risk of deforestation and human rights abuses.
2. Raise awareness – including through advisory services – of the environmental, social, and governance risks associated with JBS’s supply chain
3. Existing investors should identify and provide redress and remedy to communities affected by the financing of JBS’s operations, where relevant
Engagement focus