Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria
CRESY
Industrials
2
exclusion reasons
2 themes
Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria is screened out under 2 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.
A 2024 Global Witness investigation identified Cresud as a major South American deforester, documenting the company's role in clearing hundreds of thousands of hectares of forest and native vegetation across Argentina, Paraguay, and Bolivia for cattle ranching and soy production. The report found that Santander continued financing Cresud despite its own net-zero deforestation pledge, highlighting the scale of Cresud's environmental footprint in the Gran Chaco and other critical ecosystems.
Cresud is one of Argentina's largest agricultural and livestock companies, operating approximately 640,000 hectares of farmland. The company directly raises cattle for beef production and manages significant livestock operations across Argentina, Paraguay, and Bolivia through its subsidiaries. Cresud's 2024 annual report confirms cattle ranching as a core revenue segment alongside grain and oilseed production.
Research Sources
1 organization
Related Exclusions
Wondering what we do invest in?
The Naughty List
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.