Beef, banks and the global context behind Brazil’s deforestation

Jay OwenReforming Global Finance, SRI/ESG News

“Ethical Markets recommends this Newsletter and the closer look at the fires in the Amazon. We agree that much of this land is cleared for cattle pasture and soy to feed these animals, for the excessive meat diets, now causing ill health and emitting 14.5% of greenhouse gases!  We cover all the new investments in the global shift to plant protein foods and beverages in our Green Transition Scoreboard® reports (free downloads from  www.ethicalmarkets.com ).

Hazel Henderson, Editor“

Weekly roundup: August 20 – August 27, 2019

Beef, banks and the global context behind Brazil’s deforestation

Natural capitAl

In Brazilian president Jair Bolsonaro’s first eight months in office, his administration has had a profound impact on Brazil’s forests and its Indigenous population. Critics now link Bolsonaro’s anti-environment policies and rhetoric with the wildfires affecting Brazil’s Amazon rainforest. But Bolsonaro is not the only one fuelling the fire as agro-businesses expand into forested regions. Food producers sourcing ingredients in Brazil, financial industries and trading governments all have a role in addressing deforestation and human rights issues in Brazil, writes Sustainalytics’ Jean-François Obregón, Jessica Grant And Thijs Huurdeman.

The ins and outs of greening one bank’s supply chain

supply chain

In the latest profile in her Women in Leadership series, Sheima Benembarek chats with Michelle Albanese on how she vets 22,000 vendors vying to service Canada’s second largest bank.