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FILE PHOTO: Cattle graze on a smoldering field that was hit by a fire burning a tract of the Amazon forest as it is cleared by farmers, in Rio Pardo, Rondonia, Brazil September 16, 2019. REUTERS/Ricardo Moraes/File Photo. SAO PAULO (Reuters) - Nordea Asset Management has decided to exclude shares of JBS SA ( JBSS3.SA ) worth about 40 million euros from all of its funds this month based on the company’s environmental record and response to the COVID-19 pandemic, according to a statement sent to Reuters on Tuesday. Nordea said the decision to drop JBS from its portfolio was taken after a period of engagement with the company, which is the world’s largest meat producer, that in the end did not produce a satisfactory outcome. Full story

6 days ago, 1 August