JBS announces plan to zero emissions by 2040
Constantly criticized by environmental organizations for its responsibility - although indirectly - in the deforestation of the Amazon, JBS, one of the world's largest food companies, is going to get out of the corner when it comes to fighting global warming. Six months after announcing the goal of tracing all its cattle suppliers in the Amazon biome by 2025, in a race in which it started behind rival Marfrig, the Batista brothers' company has committed itself to neutralizing its net carbon emissions by 2040, an unprecedented commitment in the meat processing industry.
Aligning with global food giants such as Nestlé, Unilever and Danone and retail chains such as Walmart, which have already announced zero net emissions targets, JBS will invest $1 billion over the next ten years in projects that help reduce emissions in the company's operations.
Investments in neutralizing carbon emissions have been growing. In December, Nestlé announced that it will disburse more than $3.5 billion over five years, which includes the planting of 20 million trees per year. The world's largest food company, Nestlé intends to become carbon neutral by 2050. In Brazil, Natura has announced the goal of neutrality by 2030."Given our importance and size, we couldn't wait. We have to act. If nothing significant is done, we may reach a point of no return [for the planet]
," JBS CEO Gilberto Tomazoni says. With revenues of more than R$250 billion per year, the Brazilian company is the largest meat industry in the world.
JBS's plan is to reduce and offset emissions, which should also include planting forests. A smaller part of the emissions may be offset with carbon credits. "If in 2040 there is some waste, we can buy credits, but that is not the focus," he explains.
JBS's challenge is not trivial. It is not only about neutralizing the emissions of the company's operations or the energy sources it uses - scope 1 and 2 - but also about doing it with the suppliers. In the meat industry, the main bottleneck is in the enteric fermentation of cattle - or, in other words, the flatulence of cattle.
JBS has not detailed the level of emissions including suppliers, but should do so within...
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