African Rainbow Minerals
ARI
Real Estate
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.
Participated in historic R5-billion silicosis class action settlement in South Africa for occupational lung disease among mineworkers
African Rainbow Minerals is a South African mining company with significant operations in platinum group metals, coal, iron ore, and other minerals. The company is excluded under the emissions category for its outsized greenhouse gas footprint relative to sector peers, though specific data on its emissions intensity, reduction targets, or governance is not currently available for detailed narrative. Further evidence is required to assess the scale of its operations, its emissions trajectory, and whether leadership treats emissions governance as a material part of its responsibilities.
Research Sources
2 organizations
Related Exclusions
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
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.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.