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Amcor PLC

AMCR

Consumer Discretionary

1

exclusion reason

1 theme

Environmental Harm (1)
AMCR Consumer Discretionary Current as of March 2026

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.

Waste & Plastics
Since Mar 3, 2025

Amcor PLC is the world's largest packaging company, generating $13.6 billion in revenue in FY2024 and $15.0 billion in FY2025 (following the acquisition of Berry Global in April 2025). Polymers account for 75% of Amcor's revenue, with flexible plastic packaging comprising more than three-quarters of total sales. The company operates 212 facilities across 40 countries with 41,000 employees. Amcor produces billions of units of single-use flexible and rigid plastic packaging annually for food, beverage, pharmaceutical, personal care, and household products. While Amcor has set sustainability targets (94% of flexible packaging "recycle-ready" by FY2024, 30% recycled content by 2030), these commitments do not change the fundamental reality: Amcor is the single largest producer of plastic packaging on Earth, and the vast majority of flexible plastic packaging is not recycled in practice regardless of theoretical recyclability. The global scale of Amcor's plastic production — supplying disposable packaging to virtually every major consumer goods company — makes it a primary contributor to the plastic waste crisis.

Research Sources 3 organizations

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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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