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

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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.

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Microsoft reporting for duty with top tier title

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Major Gamepass addition are on the way, with Call of Duty: Black Ops title.

Reports suggest this as the largest addition to the service since its launch, indicating a strategic effort to boost subscription numbers in a challenging market. The decision, likely to be officially announced during the upcoming Xbox Games Showcase on June 9, reflects a shift in the gaming landscape and Microsoft’s commitment to Game Pass. Despite potential drawbacks such as upsetting existing subscribers and sacrificing direct sales revenue. #Featured #Trending

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Can Taiwan’s new President ease tensions with China?

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Taiwan’s newly elected President Lai Ching-te made a bold plea to China, urging the nation to halt its aggressive rhetoric and military threats towards Taiwan.

The statement comes amid escalating tensions between the two sides, raising concerns about the potential for conflict in the region.

The Taiwanese President Lai Ching-te emphasised the importance of peaceful coexistence and dialogue between the two countries, stressing the need for mutual respect and understanding.

Professor Tim Harcourt from UTS and host of the Airport Economist joins to discuss.

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Hollywood star speaks out against ChatGPT after AI steals voice

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In a recent interview, Hollywood star Scarlett Johansson expressed her surprise at the uncanny similarity between her voice and that of an OpenAI chatbot.

On this episode of Ahron & Mike Live – It’s AI madness! Hollywood star Scarlett Johansson speaks out against AI, Microsoft partner with Qualcomm and Google unveil Project Astra.

Ticker’s Ahron Young & Mike Loder discuss. #featured

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