US and UK lawmakers are rallying against an IPO by the world's largest meatpacker, JBS.
Brazil says two-thirds of Amazon deforestation comes from converting land into pastures for livestock.
Trading on the world's largest exchange would give JBS access to more capital and enhance its credibility.
"The company has made repeated claims that it will eliminate deforestation but has not taken meaningful steps to do so."
Two-thirds of Amazon deforestation results from conversion to pasture for livestock, according to the Brazilian government.
Persons:
JBS
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Service, Securities and Exchange Commission, New York Stock Exchange, New, U.S, Democrats, Republicans, SEC, NYSE, JBS S.A
Locations:
Brazil, United States, United Kingdom, New York