Brazilian beef and leather companies fall short in tackling deforestation, a study finds

December 12, 2024 EcoVadis EN


Now a new report concludes around 80% of Brazil’s leading beef and cow leather companies and their financiers have made no commitments to stop deforestation.

The study, released Wednesday by the environmental nonprofit group Global Canopy, highlights the country´s most influential beef and leather producers and processors along with financial institutions that have supported them with $100 billion. This amount is one-third of the annual funding that wealthy nations pledged to provide for climate finance in developing countries during COP29 last month in Baku, Azerbaijan


Read the full article at: wtop.com

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EcoVadis EN

EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.

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