Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

New York sues world’s largest beef producer over climate claims

Published

on

New York’s Attorney General has filed a lawsuit against JBS, the world’s largest beef producer, accusing the company of deceiving consumers about its environmental impact to boost sales.

Attorney General Letitia James alleged that JBS USA Food Co, the American unit of the Brazilian meatpacking giant, lacks a viable plan to achieve net-zero greenhouse gas emissions by 2040, rendering its stated commitment misleading.

James claimed that JBS’ “Net Zero by 2040” pledge failed to account for the majority of greenhouse gas emissions from its supply chain, including those associated with deforestation in the Amazon.

She argued that the company’s intention to increase production would exacerbate its carbon footprint, surpassing greenhouse gas emissions levels that had already exceeded those of Ireland by 2021.

“Families are increasingly willing to invest more in products from environmentally responsible brands,” James stated. “JBS USA’s alleged greenwashing exploits the trust and wallets of everyday Americans, promising a healthier planet for future generations while allegedly failing to deliver.”

State laws

The lawsuit, filed in a New York state court in Manhattan, seeks a $5,000 civil fine per violation of state business laws and aims to recover any unjust gains obtained through false sustainability claims.

JBS, whose businesses include Pilgrim’s Pride, one of the largest U.S. chicken producers, issued a statement expressing disagreement with the lawsuit.

The company affirmed its commitment to collaborating with farmers, ranchers, and others to achieve a more sustainable future for agriculture, reducing resource usage and environmental impact.

With approximately $53.5 billion in revenue generated during the first nine months of 2023, JBS derives about 59% of its revenue from North and Central America.

The company’s shares trade in Brazil, although it has been exploring the possibility of listing its shares in the United States.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

News

Ukraine and Russia set for U.S.-brokered peace talks in Abu Dhabi

Published

on

Ukrainian President Volodymyr Zelenskyy has confirmed that new peace talks with Russia will take place in Abu Dhabi later this week. The discussions are part of U.S.-led efforts to find a path toward ending the ongoing war.

Zelenskyy emphasised that Ukraine is prepared for meaningful dialogue aimed at achieving peace. The announcement comes after weeks of uncertainty over the timing of the meeting.

U.S. special envoy Steve Witkoff described prior discussions with Russian officials as productive, though major disagreements over territorial issues remain unresolved.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Continue Reading

News

Tensions rise as Iran threatens conflict and U.S. increases naval forces

Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.

Published

on

Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.

Iran has warned of a potential regional conflict if the U.S. launches an attack, while labelling European armies as terrorists. Supreme Leader Ayatollah Ali Khamenei insisted that threats from President Trump will not intimidate the Iranian people.

The U.S. has ramped up its naval presence in the Middle East in response to mounting threats, amid speculation over Iran’s next moves. Iranian officials have denied claims of imminent naval exercises in the Strait of Hormuz, adding to global uncertainty.

#MiddleEastCrisis #IranUS #Geopolitics #NavalTensions #Trump #AyatollahKhamenei #EuropeanUnion #GlobalConflict
Download the Ticker app

Continue Reading

News

Carlos Alcaraz becomes youngest man to complete career Grand Slam

Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.

Published

on

Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.

Carlos Alcaraz has stunned the tennis world by winning the Australian Open, becoming the youngest man to complete a Career Grand Slam at just 22 years old.

The world number one beat Novak Djokovic in a thrilling four-set match, finishing 2-6, 6-2, 6-3, 7-5. Djokovic missed out on claiming his 25th Grand Slam title. To mark the milestone, Alcaraz revealed he plans to add a new tattoo of a kangaroo on his leg, joining his existing Eiffel Tower and Wimbledon strawberry tattoos.

#CarlosAlcaraz #AustralianOpen #GrandSlam #TennisHistory #NovakDjokovic #SportsNews #TennisTattoo #YoungChampion


Download the Ticker app

Continue Reading

Trending Now