The coalition commissioned a study to support their filings, conducted by the environmental research group AidEnvironment, which found that JBS was linked to more than 16 million deforested acres, both through direct and indirect suppliers.
The complaints focus on European Union anti-money laundering laws, which require financial institutions, attorneys and accountants to do “enhanced due diligence” on businesses that have a high risk of deforestation in their supply chains. They allege JBS makes huge profits off cattle raised on land that is likely criminally deforested, and therefore, the cattle are criminal property.
They argue these institutions, which include the banks Barclays and Rabobank, the asset manager BlackRock and accounting firms KPMG and EY, were all obligated to perform enhanced due diligence but did not.


