29 Aug 2020 Laura Young shared a photo on Instagram: “popular oat-milk brand @oatly has links to deforestation in the Amazon! I am pretty late to this…

Oatly Criticized for Blackstone Sale, Possible Ties to Deforestation September 2, 2020 Swedish alternative-dairy company Oatly is facing protests by climate and political activists over its decision to sell a stake to Blackstone, a private equity firm that is blamed for contributing to deforestation in the Amazon, reported The Guardian (Sept. 1).

Enormous profit earned back from this investment will fuel earth shattering projects; aka Amazon deforestation and Trump! Not good news. Specifically, Oatly's 10% owned by Blackstone, with a projected profit of $400 in 2021, will gain Blackstone an estimated $40 Million. 5. popular oat-milk brand Oatly has links to deforestation in the Amazon! I am pretty late to this news flash, but earlier this year Oatly - the extremely popular, delicious, and environmentally Oatly, a Swedish company that makes oat-based versions of milk, ice cream, and cream cheese, says it is on a mission to combat climate change by replacing cow's milk. So fans were shocked when they learned that Oatly sold a 10 percent stake in its business to a group tied to deforestation.

“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 Discussing the deforestation reports, Ishen Paran, general manager at Oatly UK, told PBN: “We don’t condone any practices that compromise the climate, and our approach is to focus on our work and our sustainability goals. When it comes to those discussions, it is not about Oatly and Blackstone.” In recent weeks, Oatly has faced widespread boycott calls, after it was announced that the company had accepted a $200 million investment from Blackstone. The private equity firm is part owned by Stephen Schwartzman, who is reportedly a donor for Trump, and has been accused of financial links companies accused of deforestation in the Amazon. Blackstone's ideologies, however, don't exactly align with that of Oatly's or its customer base, which is why consumers are extremely disappointed. 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.

Unique Oatly Posters designed and sold by artists. Shop affordable wall art to hang in dorms, bedrooms, offices, or anywhere blank walls aren't welcome. 14 Jul 2020 do Brasil, an infrastructure company reportedly linked to deforestation in the rain forest), Oatly does have significant environmental benefits.

popular oat-milk brand @oatly has links to deforestation in the Amazon! 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.

So fans of Oatly who agree with its sustainable approach were shocked when they learned that Oatly sold a 10 percent stake in its business to a group led by Blackstone, an investment firm that has been linked to deforestation of the Amazon rain forest and support for U.S. President Donald Trump (via Green Matters). My move away from buying plant milk altogether and Oatly specifically, however, was triggered by the news last year of an extremely large investment in Oatley from American investment management company The Blackstone Group.

Blackstone has received some public backlash as they've been linked to a Brazilian company that supposedly has contributed to the Amazon rainforest's deforestation. Oatly, however, said that in their eyes, it's better to see capital moving towards sustainability, so shutting out such companies is not really the right way to go.

Both political and climate activists took Oatly off their grocery lists when news came out that Blackstone partially owns two Brazilian companies that are allegedly involved in deforestation in the 2020-03-09 · The post’s caption opens with: “popular oat-milk brand @oatly has links to deforestation in the Amazon!” Young follows with: “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. What was the Oatly scandal about? At the end of last year, Oatly (one of- if not the most- globally known brand of oat milk) suffered major backlash when it became exposed that one of their investors is Blackstone- a controversial private equity firm linked to Amazon deforestation and Trump’s 2020 campaign. Needless to say, both of these things are quite the opposite of what a lot of Oatly Oatly is a food brand from Sweden that produces alternatives to dairy products from oats.

Oatly spokespeople were quick to take to Twitter themselves to defend the deal.
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And thanks for listening. 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. Enormous profit earned back from this investment will fuel earth shattering projects; aka Amazon deforestation and Trump!
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To be clear, we're not for any deforestation going on in the Amazon rainforest. As a sustainability company, we don't support business practices that come at the

This hit me quite hard, as I am actually a great Oatly 4 Sep 2020 Leading plant-based milk brand Oatly is facing boycotts from links to Donald Trump and alleged involvement in deforestation in the Amazon. 19 Oct 2020 Whether disgruntled Oatly fans can be won back… accused of investing in companies contributing to deforestation in Brazil, which it denies.

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8 Jan 2021 Oatly has retained investment banks Morgan Stanley, JPMorgan Chase of contributing to deforestation of the Amazon basin – something that

As a sustainability company, we don't support business practices that come at the On top of that, Blackstone have also previously been linked to investments in Brazilian infrastructure companies which are causing widespread deforestation 28 Sep 2020 deforestation, activists quickly responded to the announcement with accusations of hypocrisy. As a supposedly ethical brand, Oatly created 2 Oct 2020 Oatly, the popular vegan milk brand with many celebrity fans, received a has investments in Brazilian firms that contribute to deforestation. 4 Oct 2020 But that was before the environmental credentials of Oatly, that in controversy around alleged ties, which it denies, with deforestation in the 27 Oct 2020 Oatly made people stop and think. Public supporters of the Trump campaign and with alleged ties to Amazon deforestation, Blackstone was, 3 Sep 2020 When Blackstone bought 10% of Oatly, it wasn't the first time they got a was accused of being actively pushing deforestation of the Amazon. 16 Jul 2020 The companies have wrested control of land, deforested it, and helped build a controversial highway to their new terminal in the one-time 5 Sep 2020 The Blackstone Group part own companies (Hidrovias do Brazil and Pátria Investimento) who are responsible for Amazon deforestation. Add in Blackstone Buys Stake in Oatly - Good News or Bad? is seen as a contributor to deforestation - but has bought a stake in Oatly, a hip and healthy business… 4 Sep 2020 Blackstone has been linked to deforestation in the Amazon. The company has flatly denied all allegations of such links, but a report published Of course there are pros and cons to organic production.