JBS Receives Award from Exame Magazine's Best of ESG 2022

Fourteen of the world's largest food companies, including JBS, unveiled at COP27 a collective roadmap detailing their approach to reducing emissions from land-use changes in their operations. This initiative follows a commitment made by the CEOs of leading global agricultural trade and processing companies at COP26 in Glasgow a year prior, to develop this shared roadmap. It focuses on palm oil, soy, and livestock sectors while also safeguarding global food systems and the livelihoods of producers. The "1.5°C Agricultural Sector Roadmap," revealed in Egypt at COP27, is spearheaded by companies such as ADM, Amaggi, Bunge, Cargill, COFCO International, Golden Agri-Resources, JBS, Louis Dreyfus Company, Marfrig, Musim Mas, Olam International, Olam Food Ingredients (OFI), Viterra, and Wilmar International. The roadmap outlines a comprehensive plan to address deforestation in supply chains and boost collaboration towards this goal, focusing on areas with the most significant impact. It also details how the signatories will work with other key stakeholders, including governments, supply chain members, and financial institutions, to enhance support for the plan's commitments. This includes strengthening policies and regulations and encouraging farmers and ranchers to protect natural resources. Over the past year, the Tropical Forest Alliance, supported by the World Business Council for Sustainable Development, has facilitated the development of the roadmap by major global agricultural trade and processing companies. Through it, these companies commit to establishing a plan with specific timelines and to annually report their progress towards achieving the goals. Gilberto Tomazoni, JBS's global CEO, emphasized the dual emergencies humanity faces: climate change and the need to increase global food production to ensure food security. JBS recognizes its responsibility as the world's largest food company to be part of the solution, highlighting the importance of partnering with its value chain to accelerate and scale progress. For rapid advancement in Brazil, the focus should be on key areas and drivers of deforestation: the Amazon and illegal deforestation. In line with its commitment to limit global warming to 1.5°C, 2023 is set to be a year of action for JBS, working with public and private sector partners to develop incentives and technical support for producers, crucial for ending all deforestation. In March of the previous year, JBS committed to achieving Net Zero by 2040, aiming to zero out its net greenhouse gas emissions. As part of this goal, the company also reaffirmed its commitment to eliminating illegal deforestation from its supply chain by 2025 across all Brazilian biomes it operates in. To this end, JBS monitors over 80,000 direct suppliers of cattle using satellite imagery and major public information databases. Furthermore, the company is advancing in controlling its suppliers' suppliers through the implementation of the Transparent Livestock Platform, a tool that employs blockchain technology to achieve this goal while respecting the confidentiality mandated by Brazilian law. For more information, the roadmap will be published on the TFA website: https://www.tropicalforestalliance.org/en/collective-action-agenda/cop27-roadmap/.