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Atmos Energy Corporation

ATO

Utilities

4

exclusion reasons

2 themes

Corporate Misconduct (2) Fossil Fuels (2)
ATO Utilities Current as of March 2026

Atmos Energy Corporation is screened out under 4 exclusion reasons spanning 2 issue categories.

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. It is a statement of values.

Regulatory Violations
Since Mar 12, 2026

Texas RRC agreed order (Apr 2025): multiple civil penalties for compliance failures across Atmos Energy Mid-Tex and West Texas pipeline divisions

Midstream Fossil Fuels
Since Mar 12, 2026

Atmos Energy operates extensive natural gas distribution and transmission pipeline networks across 8 states — core business is fossil fuel infrastructure

Natural Gas
Since Jul 28, 2021

Atmos Energy Corporation is a natural gas distribution utility. The company's core business is delivering natural gas to end customers. This exclusion is based on the company's primary business activity in the natural gas sector.

No specific evidence has been gathered for this record regarding scale, customer count, infrastructure investment, or transition plans. Further research is required to detail the company's operations and assess its alignment with exclusion criteria.

Source:
ECIC
Research Sources 4 organizations
Ethical Capital
Internal

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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.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.