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EMERSON ELECTRIC

EMR

Industrials

1

exclusion reason

1 theme

Weapons & Military (1)
EMR Industrials Current as of March 2026

EMERSON ELECTRIC 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.

Military Contracting
Since Jul 28, 2021

Emerson Electric manufactures electrical naval actuators used in U.S. military vessels, as identified in market reports listing the company alongside dedicated defense contractors like Moog Inc. and Honeywell. Historically, the company was a significant arms contractor, notably serving as the prime co-contractor for the Honest John missile system in the 1950s and manufacturing 40mm guns. In 1990, Emerson pleaded guilty to defrauding the Pentagon by submitting inflated cost estimates on military contracts between 1983 and 1987, agreeing to pay nearly $2 million in criminal fines and civil penalties. This pattern of developing specialized products for military applications and a history of direct contractual misconduct with the Department of Defense meets the threshold for exclusion.

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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.