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JBS commits to net-zero greenhouse gas emissions

JBS commits to net-zero greenhouse gas emissions

GREELEY, COLO. – JBS has committed to achieving net-zero greenhouse gas (GHG) emissions across the company’s global operations and value chains in South America, North America, Europe, the United Kingdom, Australia and New Zealand by 2040. Participation in the initiative includes Pilgrim’s Pride Corp., JBS’s agricultural producer partners, suppliers and customers.

JBS said the company will develop GHG emission reduction targets and provide a time-bound roadmap that provides interim targets consistent with the criteria established by the Science Based Targets initiative for a 1.5°C trajectory. The company will also provide annual updates to ensure transparency and disclose its financial risks linked to climate change, in line with the Task Force on Climate-related Financial Disclosure (TCFD) initiative.

Strategies to achieve the company’s goals for reductions in emissions include:

Reducing its global scope 1 and 2 emission intensity by at least 30% by 2030 against base year 2019.

Investing more than $1 billion in incremental capital expenditures over the next decade in emission reduction projects. JBS will award funding for projects to its facilities using a panel consisting of company executives, specialists and academics.

Eliminating illegal Amazon deforestation from its supply chain – including the suppliers of its suppliers – by 2025, and in other Brazilian biomes by 2030. The company has pledged to achieve zero deforestation across its global supply chain by 2035.

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