As The Intercept reported earlier this week, Blackstone is also heavily involved in deforestation of the Amazon, through its financing of highway and … Trump donor, Blackstone CEO Is Driving Force Behind Amazon Deforestation. After Blackstone took over the Motel 6, the hotel chain began handing over private customer data to ICE 2, resulting in raids, family separations, detainment and deportations. This [activity] was rejected by the indigenous defenders of the Amazon. Amazon deforestation There has been much speculation as to the links between Blackstone and deforestation in the Amazon. The firm is headed by Stephen Schwartzman, a major donor to President Trump, Business Insider reported. Blackstone also has ties to two Brazilian companies that are reportedly linked with deforestation in the Amazon. The private equity firm denies claims that the companies are participating in activities leading to deforestation. A Look At Why The Internet is Boycotting Oatly, And Its Link To Amazon Deforestation Over the weekend, sustainable oat milk brand Oatly sparked outrage on Twitter due to new corporate investors Blackstone, whose ties to President Trump and the Amazon rainforest’s deforestation threatens the food company’s ethical brand image. Oatly Blackstone investment: If you need a new milk alternative, try these instead. Also, Pátria Investimentos, one more company that is owned by Blackstone which owns more than 50 percent of Hidrovias is on the radar for deforestation issues. Blackstone is an independent energy management firm that delivers purposeful change for clients by guiding large private and public-sector businesses on their journey to net-zero consumption. As powerful economic forces push for development, the government must take steps to protect the world’s largest rain forest. Beyond the United States, Blackstone has also come under fire because they own a stake in Hidrovias do Brasil. TWO BRAZILIAN FIRMS owned by a top donor to Donald Trump and Mitch McConnell are significantly responsible for the ongoing destruction of the Amazon rainforest, carnage that has developed into raging fires that have captivated global attention. According to a report in The Intercept in 2019, the terminal has facilitated widespread deforestation of local areas. Enormous profit earned back from this investment will fuel earth shattering projects; aka Amazon deforestation and Trump! The terminal is run by Hidrovias do Brasil, a company that is owned (largely) by Blackstone, a US investment firm. Blackstone co-founder and CEO Stephen Schwarzman is a close ally of Trump and … I am pretty late to this news flash, but earlier this year @oatly - the extremely popular, delicious, and environmentally conscious oat-based milk brand, has been invested in by the Blackstone Group. Blackstone response As we noted following an erroneous story last year, Blackstone and a Brazilian company we’re invested in, Hidrovias (of which we own 4%), were falsely accused of being responsible for the deforestation of the Amazon. We would like to show you a description here but the site won’t allow us. It's only member is Neim, and it is a successor state to the Empire of Carthage. This means that they are part owned by a global investment group who have some pretty devastating work across the world. In August, an article in The Intercept highlighted investments by private equity firm The Blackstone Group in a Brazilian infrastructure company that has spurred deforestation in the Amazon rainforest. Leading plant-based milk brand Oatly is facing boycotts from previously loyal customers after it sold a 10% stake in the business to a consortium led by Blackstone, a US private equity firm with links to Donald Trump and alleged involvement in deforestation in the Amazon. Bruce Wrobel, CEO of Herakles Farms, plans a >70.000 hectare palm oil plantation.For this plantation dense, high canopy, mature rainforest would be cut down fragmenting a continuous forestblock. Would these new potential owners pursue sustainable sourcing and maintain Unilever’s No Deforestation, No Peat, No Exploitation (NDPE) policies? Climate and political activists have known as out Oatly’s choice to partner with Blackstone, which partly owns two Brazilian firms accused of contributions to deforestation in the Amazon. Hidrovias operates a shipping terminal at … Deforestation. Blackstone is “an investment company who part own companies who are responsible for Amazon deforestation,” ​she wrote in a Twitter post ​. Discovered that @oatly has partnered with Blackstone - an investment company who part own companies who are responsible for Amazon deforestation. Those projects, such as the paving of the highway, have additional indirect — though entirely predictable — consequences, as they spur side roads that make previously difficult-to-reach areas of the Amazon accessible for mining, logging, or further deforestation. It also has a stake in Hidrovias, an infrastructure company from Brazil allegedly linked to deforestation in the Amazon rainforest. Blackstone, in a “setting the record straight” blog post last year, countered that Hidrovias was “falsely accused of being responsible for the deforestation of the Amazon through the … Enormous profit earned back from this investment will fuel earth shattering projects; aka Amazon deforestation and Trump! Blackstone has denied the claims at the center of Warren’s letter, which was also signed by a handful of top Democrats. Blackstone have investments in a company that has previously been falsely accused of causing deforestation in the Amazon rainforest. Their custom energy management solutions cover cost, consumption, and carbon improvements. The lawmakers also criticized Blackstone for its attempts to avoid responsibility for the role of Hidrovias in the deforestation of the Amazon rainforest. Oatly has made headlines recently for accepting an investment from Blackstone, one of the largest private equity firms in the world, which has links to deforestation in the Amazon and the Trump administration. On … BlackRock holds $337 million worth of shares on behalf of its clients in Bunge Limited, making it the third largest shareholder of the agricultural company, which is based in St. Louis. Furthermore, Blackstone has a stake in Hidrovias, a Brazilian infrastructure company reportedly linked to deforestation in the Amazon rainforest. The Blackstone Group Inc. is an American alternative investment management company based in New York City.In 2019, Blackstone converted from a publicly traded partnership into a corporation.. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. After years of positive signs, deforestation in Brazil’s Amazon is on the rise, with a sharp increase in 2016. Blackstone is an independent energy management firm that delivers purposeful change for clients by guiding large private and public-sector businesses on their journey to net-zero consumption. Leading plant-based milk brand Oatly is facing boycotts from previously loyal customers after it sold a 10% stake in the business to a consortium led by Blackstone, a US private equity firm with links to Donald Trump and alleged involvement in deforestation in the Amazon. Blackstone CEO Stephen Schwarzman has donated $3.7 million to President Trump’s reelection efforts; Businessweek writes that he is “singlehandedly propping up Trump’s Wall Street fundraising” and that without Schwarzman, donations to Trump from people associated with the top 31 banks and investment firms would be down 69% from 2016. Climate and political activists have called out Oatly’s decision to partner with Blackstone, which partially owns two Brazilian firms accused of contributions to deforestation in the Amazon. Deforestation and proximity to Trump. In September 2019, the Blackstone Group invested in a Brazilian infrastructure company that happens to be responsible for massive amounts of deforestation in the Amazon rainforest, according to Private Equity Stakeholder. Oat milk has seen a massive growth in popularity. Blackstone Group has shut down deforestation claims following the news about its investment in Oatly. Specifically, Oatly's 10% owned by Blackstone, with a projected profit of $400 in 2021, will gain Blackstone an estimated $40 Million. Blackstone bought carbon reductions created by PNG's tropical rainforests from a two-year period of impact and after over a decade of national conservation efforts. ... one of the most prominent investors linked to Amazon deforestation. Blackstone is also tied to a significant amount of Amazon jungle deforestation 3, putting their relentless greed for profit above that planet-sustaining ecosystem. Their custom energy management solutions cover cost, consumption, and carbon improvements. Blackstone has previously been targeted for investments in Hidrovias, a Brazilian infrastructure company, which has previously been accused of having links to deforestation in the Amazon rainforest. We need to think about alternatives and engage with state governments to create sustainable development models that conserve the forest. Pátria Investimentos, another Blackstone company, also owns more than 50% of Hidrovias. Meat production is the biggest driver of tropical deforestation.Driven by demand for foods like burgers and milk, rainforests are burned to create land for cattle ranches, and to grow soy that is then mostly fed to livestock. They are using them for business gain! Not good news. Divesting From Deforestation. 4. Blackstone has denied the accusations of deforestation, releasing a statement saying ‘the erroneous claims and mischaracterizations were blatantly wrong and irresponsible’. Already Blackstone has used Oatly as a publicity stunt - just go and look at their Instagram bio for a start! Blackstone owns a stake in Hidrovias do Brasil. Sign here to ask Bruce Wrobel to stop deforestation in Cameroon that has disastrous impact on the local population and nature. A Twitter thread, also mentioning Oatly, alleged that another company Blackstone had a stake in was involved in deforestation in the Amazon. SEP 10, 2019. “Blackstone is a part-owner of 2 Brazilian firms which are directly contributing to the destruction of the Amazon rainforest (Hidrovias do Brazil and Pátria Investimento) and now they now hold shares in rapidly growing Oatly,” tweeted climate activist Laura … Blackstone quash all deforestation rumours Blackstone reached out to HITC to reinforce that all claims made in The Intercept article and those spreading online were “completely fabricated”. Upon changes in these patterns, the system will flag the likelihood that a farm or plantation is supplying a mill and, in turn, the possibility of deforestation. Specifically, Hidrovias was blamed for developing an industrial road through the rainforest. 5. Blackstone previously denied the same accusations in September 2019, saying in a statement: “The erroneous claims and mischaracterizations were blatantly wrong and irresponsible.” It … They are using them for business gain! “Every year between 2004 and 2013, except 2005, deforestation in the Amazon as a whole decreased, but increased in the region around BR-163,” Financial Times reported in September 2017. Blackstone's ideologies, however, don't exactly align with that of Oatly's or its customer base, which is why consumers are extremely disappointed. Blackstone response As we noted following an erroneous story last year, Blackstone and a Brazilian company we’re invested in, Hidrovias (of which we own 4%), were falsely accused of being responsible for the deforestation of the Amazon.

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