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.
Cheniere Energy Partners, L.P. operates the Sabine Pass LNG Terminal in Louisiana, one of the world's largest liquefied natural gas facilities, with total production capacity exceeding 30 million tonnes per annum. The terminal includes five LNG storage tanks with an aggregate capacity of approximately 17 billion cubic feet equivalent and operational regasification facilities. More than 85% of its output is under long-term contracts, and the company has outlined plans for a significant expansion that would add approximately 20 million tonnes per annum of new capacity.
The company's core business is the transportation, processing, and export of fossil fuels as LNG. In 2025, its corporate parent, Cheniere Energy, sought "alternative fuel" tax credits for its LNG exports, a claim that drew scrutiny for applying clean energy incentives to a fossil fuel product. While the company reports a methane emissions intensity below a 0.03% target for 2024, this pertains only to a fraction of the lifecycle emissions of the natural gas it processes and exports. The infrastructure it operates is capital-intensive and designed for decades of service, creating a long-lived asset dedicated to fossil fuel midstream activities with no announced phase-out plan.
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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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