Nestlé—which sources palm oil, soy, meat, and cocoa from Brazil, and which pledged nine years ago to stop buying ingredients linked to deforestation—said that it was monitoring its suppliers and would “immediately cease sourcing from any supplier found to be linked to deforestation activity in the Amazon.” Cargill, which noted its participation in the successful soy moratorium in the Amazon, said that it is training farmers in more sustainable practices and it’s using Global Forest Watch Pro, a tool to monitor forests by satellite, and taking action when it finds illegal activity. Mighty Earth says that the company doesn’t go far enough—especially in Bolsonaro’s Brazil, where legal activity might still be environmentally destructive. The nonprofit also says that while Cargill has participated in the soy moratorium, it still buys from suppliers in other critical ecosystems in Brazil and from suppliers in the Bolivian part of the … [Read more...] about How companies are trying to de-rain-forest their supply chains as the Amazon burns
At 30x one-year forward P/E, the stock is trading close to one standard deviation below its long-term mean. Morgan Stanley expects the stock price to double over three years as the one-year forward P/E of 30x re-rates to the long-term mean of 33x, if not higher, driven by strong earnings compounding. … [Read more...] about Midcaps likely to lead largecaps, Morgan Stanley handpicks 20 stocks for 2020
Unicef, with the help of design studio Periscopic, released “An Urban World” to answer these questions. It’s an interactive, HTML5 visualization of the world from the years 1950-2050. But rather than showing our geographic boundaries, every country* is depicted only by their population living in urban environments. … [Read more...] about By 2050, 70% Of The World’s Population Will Be Urban. Is That A Good Thing?