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Compania Cervecerias Unidas S.A.

CCU

Consumer Staples

1

exclusion reason

1 theme

Harmful Products (1)
CCU Consumer Staples Current as of March 2026

Compania Cervecerias Unidas S.A. is screened out under 1 exclusion reason spanning 1 issue category.

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.

Alcohol Products
Since Sep 20, 2025

Compañía Cervecerías Unidas S.A. (CCU) is a multi-category beverage company whose primary business is the production and distribution of alcoholic drinks. Its core portfolio spans beer, wine, and spirits, which it delivers to approximately 115,000 customers across Chile and other international markets. Beer represents the company's largest segment by both volume and margin, anchoring its operations in the alcohol industry.

The company has been subject to regulatory action concerning its market practices. In 2023, Chile's National Economic Prosecutor (FNE) filed a claim against CCU and requested a fine of US$6 million for an alleged breach of a settlement originally signed in 2008, which was designed to protect competition in the beverage market.

Research Sources 10 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.

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