JBS SA, the world’s largest meatpacker, has committed to reaching net-zero greenhouse gas emissions by 2040. JBS will invest $1 billion in innovations aimed at reducing carbon emissions over the next decade.
JBS says that in 2019, its own operations produced an estimated 4.6 MMT of carbon emissions from industrial facilities and 1.6 MMT from energy use. But 90% of JBS’s overall emissions come from its supply chain, said Chief Executive Gilberto Tomazoni.
The company also promised to stop processing cattle from illegally deforested areas in the Amazon by 2025 and from other Brazilian biomes by 2030. By that time, JBS will be able to track its direct and indirect suppliers.
This comes at a time when JBS and other in the beef industry have been under fire from consumers and investors for their role in rainforest destruction.