By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Stocks > Heineken-owned brewery added to Brazil ‘slave labor’ list
Stocks

Heineken-owned brewery added to Brazil ‘slave labor’ list

News Room
Last updated: 2023/10/09 at 10:31 AM
By News Room
Share
3 Min Read
SHARE

© Reuters. The logo of Heineken beer is seen on a delivery truck in Nijmegen, Netherlands March 21, 2023. REUTERS/Piroschka van de Wouw

By Lisandra Paraguassu and Fabio Teixeira

BRASÍLIA / RIO DE JANEIRO (Reuters) – Brazilian brewery Kaiser, which is owned by Heineken (AS:), has been added to the government’s list of companies responsible for labor conditions analogous to slavery, published on Friday.

Kaiser was placed on the list for subcontracting Sider, a trucking company that delivered its beer in the state of Sao Paulo. Sider was charged in 2021 for submitting 23 of its drivers – 22 Venezuelans and one Haitian – to “slavery-like conditions.”

In a statement, Heineken said it was not aware of the situation at Sider, which it no longer works with. Heineken also said it created a tool to monitor labor issues involving its subcontractors.

“Regarding the inclusion of Cervejarias Kaiser … on the list, we are actively working to resolve the issue,” Heineken said in a statement.

Reuters was unable to contact Sider.

In a March 2021 inspection, labor inspectors found Sider drivers working illegally long hours of up to 18-hour days with no paid time off. Despite promising lodging to workers, the firm did not provide it to them. Many slept in their trucks instead.

In Brazil, slavery is legally defined as forced labor as well as debt bondage, degrading work conditions and long hours that pose health risks.

The Venezuelan workers were hired through Operacao Acolhida, a federal government initiative resettling migrants arriving in Brazil and connecting them with companies looking for workers.

Brazil’s “slave labor” list is published every six months, with newly included companies remaining for two years, if no new offense is found within that period.

Businesses on the list cannot bid for federal government contracts or receive state loans. The list is also used by private banks to gauge credit risk and by international buyers concerned about their supply chains.

Read the full article here

News Room October 9, 2023 October 9, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Europe’s rocky relations with Donald Trump

Gideon talks to Jens Stoltenberg, Nato's former secretary-general, about Ukraine and Europe's…

Why One Income No Longer Pays For The American Dream

Watch full video on YouTube

Crypto founder Do Kwon sentenced to 15 years in prison

Stay informed with free updatesSimply sign up to the Cryptocurrencies myFT Digest…

Peter Thiel just cashed out of Nvidia. 💸

Watch full video on YouTube

Corbus Pharmaceuticals Holdings, Inc. (CRBP) Discusses Phase 1a Single-Ascending and Multiple-Ascending Dose Data – Slideshow (NASDAQ:CRBP) 2025-12-11

This article was written byFollowSeeking Alpha's transcripts team is responsible for the…

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

CPS reports solid 2023 performance, eyes future growth By Investing.com

By News Room
Stocks

Niu Technologies faces mixed results in Q4 2023 By Investing.com

By News Room
Stocks

Exagen Inc. reports strong 2023 revenue growth By Investing.com

By News Room
Stocks

Legacy Housing reports mixed results amid sales decline By Investing.com

By News Room
Stocks

Harmony Biosciences exec sells over $383k in stock By Investing.com

By News Room
Stocks

Biofrontera posts record revenue and outlines growth plans By Investing.com

By News Room
Stocks

Granite Ridge CFO buys $31,000 in company stock By Investing.com

By News Room
Stocks

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m By Investing.com

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?