JBS

JBS is a Brazilian multinational meatpacking company and one of the world's largest food processors, producing beef, poultry, and pork products.

Why it’s in the news: It is in the news due to its strategic expansion in Indonesia, a major leadership change with the Batista family returning, and its controversial decision to scrap its 2040 net-zero emissions goal.

Latest on JBS

• JBS to issue where it’s most attractive: CEO
• Batista family retakes helm of JBS
• JBS plans $5 bln Indonesia expansion
• Indonesia fund Danantara to invest $2.5bn in tie-up with Brazil meat supplier JBS
• JBS axes 2040 net-zero goal, citing ‘immense’ execution challenges
• World’s Largest Beef Producer JBS Drops Supply Chain Net Zero Goal

Connections

3 entities linked to JBS across the news graph.