Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria
CRESY
Industrials
2
exclusion reasons
2 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
A 2024 Global Witness investigation identified Cresud as a major South American deforester, documenting the company's role in clearing hundreds of thousands of hectares of forest and native vegetation across Argentina, Paraguay, and Bolivia for cattle ranching and soy production. The report found that Santander continued financing Cresud despite its own net-zero deforestation pledge, highlighting the scale of Cresud's environmental footprint in the Gran Chaco and other critical ecosystems.
Cresud S.A.C.I.F. y A. (Nasdaq: CRESY) is one of Latin America's largest agricultural and livestock companies, founded in 1936 in Buenos Aires. For FY2025 (ended June 30, 2025), the company operated approximately 300,000 hectares of farmland with 830,000 tons of crop production, alongside significant cattle ranching operations. Livestock/beef is a core revenue segment — not ancillary — with the company reporting strong cattle margins driven by firm prices and increased feedlot investments. As of 2024, Cresud held 252,000 hectares of farmland across Argentina, Paraguay, and Bolivia through subsidiaries like Austral Agro. The Q1 FY2026 results (September 2025) confirm continued expansion, with 321,000 hectares planned for planting (up 7.4%) and livestock benefiting from stronger international demand. Cattle ranching for beef production is integral to the company's business model and a material contributor to revenue, placing it squarely within the animal_exploitation_meat exclusion category.
Research Sources
2 organizations
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