WANT WANT CHINA HOLDINGS LTD
151
Consumer Staples
1
exclusion reason
1 theme
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.
Want Want China Holdings Ltd. is a major Chinese food and beverage manufacturer with no discernible public commitment to a science-aligned climate transition. The company lacks a published, time-bound net-zero target and has not disclosed a comprehensive emissions reduction plan covering its Scope 1, 2, and 3 footprint. While it has participated in CDP climate disclosure, scoring a 'B' in 2023, this level of performance indicates only partial awareness and management of climate risks, not leadership or a credible decarbonization pathway.
The company's core business in dairy and agricultural products ties it to significant indirect (Scope 3) emissions from its supply chain, which are typically the largest portion of a food company's climate impact. There is no public evidence that Want Want has set targets to reduce these material supply chain emissions or that it is actively investing in agricultural practices that would lower its carbon footprint. Its absence from major climate initiatives like the Science Based Targets initiative (SBTi) further indicates a lack of formal, verified commitment.
Research Sources
1 organization
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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