Stop the rot: Keeping an eye on the supply chain

IR Magazine, 9 May 2017. By Maria Lettini.

Dramatic events at meat firms JBS and BRF are a reminder to IROs of the importance of a sustainable supply chain.

JBS, the world’s largest meat processor, is preparing for a billion-dollar IPO on the NYSE this year. But its plans were significantly undermined in March after a two-year investigation by the Brazilian authorities revealed high-level government and corporate involvement in a scheme to disguise and sell rotten meat to the domestic and international retail market.

 

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