UPDATE 1-Cosmetics maker Natura urges Brazil to protect Amazon after fires hit suppliers [Reuters]
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Source: Reuters
Cosmetics maker Natura urges Brazil to protect Amazon after fires hit suppliers SAO PAULO (Reuters) - Brazilian cosmetics maker Natura & Co ( NATU3.SA ) is pressing government officials, the private sector and local communities to bolster environmental protections in the Amazon after fires this year disrupted its supply chain, its chief executive told Reuters. Soon to become the world’s fourth-largest beauty group after acquiring rival Avon Products Inc ( AVP.N ), Natura is advocating sustainable development of the Amazon without antagonizing right-wing President Jair Bolsonaro, who has called for greater economic exploitation of the vast region. “It seems to me the new government is critical of existing control mechanisms but has not yet set in motion alternatives,” Natura CEO JoALo Paulo Ferreira said in an interview late on Friday. Under Bolsonaro, who took office at the start of this year, forest fires surged in August, the most for the month since 2010. That backslide trigger
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