ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

JBS USA Announces New Global Sustainability Targets and Shares 2020 Accomplishments

--News Direct--

JBS USA, a leading global food company and the majority shareholder of Pilgrim’s Pride Corporation [NASDAQ: PPC], today released its 2020 Sustainability Report: Celebrate Your Foodprint, which includes new aggressive global targets and completion of its 2020 sustainability goals. The report transparently details the company’s sustainability actions across its global operations in North America, the UK, Continental Europe, Australia and New Zealand.

“Our sustainability promise is stronger than ever, as we deliver on our goals and continue to raise the bar for more sustainable food production,” said Andre Nogueira, JBS USA CEO. “We have established a new vision for our company that will guide our path forward in support of our net zero by 2040 commitment, announced in March. We’re focused on providing delicious food that’s good for people and the planet.”

In 2020, JBS USA completed its 2020 sustainability goals, established in 2017, meeting or exceeding targets for greenhouse gas emission intensity, electricity use intensity, water use intensity and safety. During that period, the company reduced its greenhouse gas emission intensity by 20 percent, reduced electricity use intensity by 14 percent, reduced water use intensity by 10 percent and improved its safety index performance by 56 percent.  

“The JBS USA 2020 Sustainability Report details both our recent progress and our journey to being the best in all we do,” Nogueira said. “Our responsibility as a global food company has never been greater, and it will take the entire value chain to make an impactful difference as we move forward. None of our accomplishments would be possible without our team members, farmer and rancher partners, customers and shareholders who are so vital to our success.”

JBS was the first global meat and poultry company to set a net-zero greenhouse gas emissions by 2040 goal, the most ambitious commitment of its kind in the sector. Additional global sustainability targets include:

  • Reduce scope 1+2 GHG emission intensity by 30 percent by 2030
  • Reach 60 percent renewable electricity by 2030
  • Reduce water use intensity by 15 percent by 2030
  • Invest $1 billion in emission reduction projects in company facilities over the next decade
  • Invest $100 million by 2030 in R&D projects to assist producer efforts to strengthen and scale regenerative farming practices
  • Improve performance in the JBS Global Safety Index by 30 percent by 2030
  • Develop a globally aligned animal welfare scorecard and set 2030 targets
  • Tie senior executive compensation considerations to performance against environmental goals, and align interim targets to SBTi criteria
  • Eliminate illegal deforestation from Brazilian cattle supply chain – including suppliers of suppliers – in the Amazon and other Brazilian biomes by 2025 and advance traceability to assure deforestation-free supply chains

To learn more and to review comprehensive 2020 achievements, the 2020 JBS USA Sustainability Report: Celebrate Your Foodprint is available online at http://sustainability.jbsfoodsgroup.com.

###

About JBS USA

JBS USA is a leading global food company providing diversified, high-quality food products for customers in approximately 100 countries on six continents. This includes meat and poultry products, a portfolio of recognized brands and innovative premium foods.

Media Contact:Nikki RichardsonCorporate Communications

View additional multimedia and more ESG storytelling from 3BL Alerts on 3blmedia.com

View source version on newsdirect.com: https://newsdirect.com/news/jbs-usa-announces-new-global-sustainability-targets-and-shares-2020-accomplishments-215104426

Recent Quotes

View More
Symbol Price Change (%)
AMZN  227.50
-2.80 (-1.21%)
AAPL  270.49
+0.79 (0.29%)
AMD  257.88
-6.45 (-2.44%)
BAC  53.16
+0.59 (1.11%)
GOOG  290.25
+15.08 (5.48%)
META  663.62
-88.05 (-11.71%)
MSFT  524.14
-17.41 (-3.21%)
NVDA  202.32
-4.72 (-2.28%)
ORCL  259.88
-15.42 (-5.60%)
TSLA  440.33
-21.18 (-4.59%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.