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ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

Funds marketed as environmentally friendly are being used by major asset managers to funnel millions of dollars to the world’s largest meatpacker, JBS, a company notorious for its links to deforestation and human rights abuses via its supply chain. JBS is widely regarded as an ESG pariah.

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Why investors are putting biodiversity on the balance sheet

GreenBiz

Nordea’s divestment, along with pressure from other institutions, such as Norwegian pension fund KPL, led to a pledge from JBS to use blockchain to monitor its entire supply chain by 2025, including the problematic "indirect suppliers" that have been linked to illegal deforestation. Sponsored Article. Finance & Investing.

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Sustainability Is Walking the Runway

3BL Media

According to an article in Sourcing Journal, Eastman reported in February that it had already handled 8,000 pounds worth of waste from Patagonia. Patagonia recently agreed to be part of non-profit Canopy’s Pack4Good initiative, which will allow them to use more recyclable materials in their packaging, such as agricultural waste.

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Creating a More Sustainable World With SAP's Focus on Green Customer Experiences

3BL Media

Connecting demand – supply chain – and delivery is the first step, but evolving a great customer experience takes it a step further and puts sustainability front and center. For example, when customers visit Trilogy Fashion’s website, they can view the carbon emissions associated with the production of each article of clothing.

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The ESG Interview: Learn from the Past, Look to the Future

Chris Hall

Disputing divestment. We cannot just divest from fossil fuels; we need a fair and just transition to the net zero economy.”. And McMurdo’s caution about divestment is not limited to the energy sectors. For me to divest from any sector, I have to be clear that I am able to fulfil completely on the principle.”.

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A Roadmap for Climate Resiliency Strategy

3BL Media

This step will help you identify the riskiest physical locations and products to divest from and access public incentives. You can also divest from risky assets and manage risk within the supply chain. Investments from the community can be made in a way that benefits everybody.

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The 10 Big Things To Watch Across World’s Energy Markets in 2023

3BL Media

The finance industry will also realize that truly green assets – like those meeting EU’s Article 9 category – are too few to green the entire economy. The divestment movement will wane. The 10 Big Things To Watch Across World’s Energy Markets in 2023. Wed, 01/11/2023 - 14:05. Type of Content. Standard Format. Date and Time are ET.