Deforestation in Brazil: UBS finances controversial agribusinesses

Brasil-Switzerland

Deforestation in Brazil: UBS finances controversial agribusinesses

The major Swiss bank UBS, via its Brazilian investment bank UBS BB, has provided the agricultural corporations Brasil Agro and Marfrig with money from global investors. Both corporations are involved in slash-and-burn agriculture, environmental destruction and the violation of indigenous rights.

Photos Slash-and-burn / soyfield: Shutterstock

Deforested and burned trees in the state of Pará in Brazil. Photo: Shutterstock
Deforested and burned trees in the state of Pará in Brazil. Photo: Shutterstock
The video summarizes the report "Deforestation in Brazil: UBS finances agribusinesses Marfrig and BrasilAgro exposed to environmental damage in Amazon and Cerrado" in an easy-to-understand way and shows why a corporate responsibility law is needed. If you click the YouTube icon at the bottom right and watch the video directly on YouTube, you can enable English subtitles.

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