Trump’s SEC has given JBS the green light to list on the NYSE

Mighty Earth criticizes the US SEC for approving the IPO of JBS, the world's largest meat company, alleging the decision was influenced by a $5 million donation from JBS subsidiary Pilgrim's Pride to President Trump's inaugural committee. The author contends that JBS has a history of corruption, bribery, and misleading climate data, and that the listing will enable the company to scale its deforestation and climate pollution, which is estimated to be equivalent to that of Spain.

• The US Securities and Exchange Commission (SEC) approved the listing of JBS, the world's largest meat company, on the New York Stock Exchange, which may allow the company to expand its deforestation and climate pollution, currently estimated to be at the level of Spain.
• The SEC's approval followed a $5 million donation from JBS subsidiary Pilgrim's Pride to President Trump's inaugural committee, occurring despite JBS's history of corruption, including over $280 million in fines during Trump's first term for a bribery scheme related to the acquisition of Pilgrim's Pride.
• JBS is accused of providing misleading climate data to investors and consumers, leading to a lawsuit by New York State Attorney General Letitia James, and has allegedly sought to evade fines ordered by the SEC and Department of Justice in 2020.

APA

Hurowitz, G. (2025). Trump’s SEC has given JBS the green light to list on the NYSE. Mighty Earth. https://mightyearth.org/article/ceo-note-trumps-sec-has-given-jbs-the-green-light-to-list-on-the-nyse/

Chicago

Hurowitz, Glenn. Trump’s SEC has given JBS the green light to list on the NYSE. Mighty Earth, 2025. https://mightyearth.org/article/ceo-note-trumps-sec-has-given-jbs-the-green-light-to-list-on-the-nyse/.

Wikipedia

{{cite press release |last1=Hurowitz |first1=Glenn |title=Trump’s SEC has given JBS the green light to list on the NYSE |publisher=Mighty Earth |date=23 April 2025 |url=https://mightyearth.org/article/ceo-note-trumps-sec-has-given-jbs-the-green-light-to-list-on-the-nyse/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{hurowitz2025trumps, author = {Hurowitz, Glenn}, title = {{Trump’s SEC has given JBS the green light to list on the NYSE}}, publisher = {Mighty Earth}, year = {2025}, month = apr, url = {https://mightyearth.org/article/ceo-note-trumps-sec-has-given-jbs-the-green-light-to-list-on-the-nyse/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }