Nordea Asset Management has decided to exclude shares of JBS SA worth about 40 million euros from all of its funds this month based on the company's environmental record and response to the COVID-19 pandemic, according to a statement sent to Reuters on Tuesday.
3 Min ReadFILE PHOTO: Cattle graze on a smoldering field that was hit by a fire burning a tract of the Amazon forest as it is cleared by farmers, in Rio Pardo, Rondonia, Brazil September 16, 2019. REUTERS/Ricardo Moraes/File PhotoSAO PAULO (Reuters) - Nordea Asset Management has decided to exclude shares of JBS SA (
JBSS3.SA) worth about 40 million euros from all of its funds this month based on the company’s environmental record and response to the COVID-19 pandemic, according to a statement sent to Reuters on Tuesday.Nordea said the decision to drop JBS from its portfolio was taken after a period of engagement with the company, which is the world’s largest meat producer, that in the end did not produce a satisfactory outcome.
“We always say that we prefer to engage with the company rather than just begin excluding everything,” Eric Pedersen, head of responsible investments, told Reuters by telephone. Read more: Reuters Top News »
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Thank me Nordea asset management has decided to exclude shares of JBS SA worth about 40 million euros from all of its funds this month. What he did?
Opinion | I’ve eaten at restaurants, gone to a mall and attended concerts. That is life in France.Opinion: The U.S. could learn from France’s response to covid-19 Like how to sauté it? Not sure about all of France but Paris is open. Even the movie theatres are open. People in the bistros and restos without masks. Which is not saying much as masks are pointless against a virus anyway. Viva la france. The democrats have ruined the USA!
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Reuters Top News @ReutersDr. Anthony Fauci testifies before U.S. House COVID-19 panel Everytime this guy speaks, the Fed has to print more. I love Dr Fauci. I mean he is the avuncular figure everyone wishes is there to guide/mentor us. Calm, reticent, poised....he is a role model. Poor fella can't stop putting his hands on face touching eyes, mask, nose. And where are his goggles?