Environment

China’s deforestation footprint in Brazil

While much pressure has been placed on Brazilian meatpackers by major European and American companies, the silence from big Chinese players is deafening

china deforestation
Cattle farm in the Amazonian state of Pará. Photo: Paralaxis/Shutterstock

The increase in deforestation in the Amazon rainforest and its links to agricultural supply chains has become a hot-button issue for investors worldwide. With firms now painstakingly judged on their ESG (Environmental, Social, Governance) credentials, there is significant pressure placed on companies in the food industry to ensure that their deforestation footprints are minimized. However, while much of the coercion has come from companies in Europe and the Americas, what of China, Brazil’s biggest trading partner?

China’s appetite for Brazilian products has increased significantly in 2020, as a result of the devalued Brazilian Real and trade war tensions with...

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