EMERSON ELECTRIC
EMR
Industrials
4
exclusion reasons
4 themes
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.
Tier-one digital infrastructure provider for fossil fuel extraction. Upstream Oil & Gas division delivers Reservoir Management Software, drilling optimization systems, and Adaptive Gas Lift technology for unconventional wells. Core business unit — not ancillary.
Manufacturer of AN/APQ series radar systems — mission-critical targeting and navigation electronics for military aircraft. Active defense electronics producer with long-running DoD contracts. Not a passive supplier; produces primary weapons-system components.
Arkansas ADEQ Consent Administrative Order (2010) for TCE and TCA groundwater contamination at Batesville, AR facility — required multi-year remediation. Pattern of EPA Clean Air Act and Clean Water Act violations spanning 20+ years across multiple facilities.
$164.4M capacitor price-fixing settlement (2020). Emerson subsidiary participated in coordinated market manipulation as part of a major class-action involving multiple manufacturers. Direct evidence of anticompetitive conduct with material financial penalties.
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.