COUPANG INC
CPNG
Consumer Discretionary
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.
Coupang operates one of the largest e-commerce and logistics platforms in South Korea, with a significant and growing fresh grocery delivery business. This includes the sale of meat, poultry, seafood, dairy, and eggs, products derived from commercial animal agriculture. The company's "Rocket Fresh" and "Rocket Grocery" services actively market and deliver these animal products to consumers at scale.
Cruelty Free Investors has flagged Coupang under its animal exploitation criteria. The available evidence does not specify a particular incident or supply chain violation tied to Coupang's own operations. The exclusion is based on the company's core business activity of retailing animal products, which inherently links it to industrial animal agriculture systems.
Research Sources
1 organization
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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.
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