Americas

“FGV Banned from Selling Products to the United States Due to Ongoing Labor Issues, Increasing Reputation Risk” – Chain Reaction Research – October 6, 2020

On October 6, 2020 Chain Reaction Research reported:  “On September 30, 2020, the U.S. Customs and Border Protection (CBP) issued a Withhold Release Order (WRO) on palm oil products produced by Malaysian Felda Global Ventures (FGV) over concerns of alleged forced labor issues. FGV is a Bursa Malaysia-listed palm oil company with plantations, milling, and […]

“Brazilian Company Suzano Bets the Bond Market on Emission Cuts” – The Wall Street Journal – September 3, 2020

On September 3, 2020 The Wall Street Journal reported that “(a)s Brazil struggles with deforestation, one of the country’s largest paper manufacturers is pitching investors a bond that will cost the company money if it fails to meet greenhouse gas-reduction targets. The new type of security from Suzano SA is part of an evolution in […]