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.
Corteva Agriscience is a global manufacturer of agricultural pesticides and seeds, deriving the majority of its revenue from this portfolio. The company produces and markets synthetic pesticides, including formulations containing chemicals linked to significant ecological and human health harms. A 2020 analysis found that more than a third of pesticide sales by major firms, including Corteva, contained chemicals highly toxic to human health, bees, or aquatic life.
The company’s herbicide Enlist Duo, a combination of 2,4-D and glyphosate, was the subject of a decade-long legal campaign by the Center for Food Safety over its risks. Both active ingredients have been linked to an elevated risk of non-Hodgkin lymphoma. In February 2026, Corteva canceled the nationwide registration for this product following litigation. Separately, in December 2022, a federal appeals court ruled the U.S. Environmental Protection Agency unlawfully approved the expanded use of another Corteva pesticide, sulfoxaflor, by failing to adequately consider its risks to bees. Corteva is also a defendant, alongside Syngenta, in a 2025 antitrust lawsuit filed by twelve state attorneys general. The complaint alleges the companies used “illegal” loyalty programs to block generic pesticides from the market, maintaining high prices for their products.
DOJ/EPA — Corteva (CTVA); Contributed $193M to $1.185B PFAS water systems settlement (2023), liability inherited from DowDuPont merger; co-liable with DuPont (DD) and Chemours (CC) for PFAS contamination of public water systems across the US; liability traces to original DuPont manufacturing operations
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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.