Etsy, Inc.
ETSY
Consumer Discretionary
1
exclusion reason
1 theme
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.
Etsy operates a global online marketplace that facilitates the sale of animal products derived from commercial exploitation. While the company prohibits items made from endangered species as defined by CITES and the U.S. Endangered Species Act, its platform continues to host a market for fur and other animal-derived goods. Advocacy campaigns, including a February 2026 initiative by Cruelty Free Investors, specifically target Etsy for profiting from the sale of fur, citing the conditions on mink farms and the mass culling of animals.
Separately, in September 2025, animal protection groups alleged that Etsy’s marketplace was being used to traffic illegal cockfighting weapons, known as gaffs, which constitutes a felony offense under federal law. This indicates the platform hosts equipment designed for animal fighting. The combination of enabling fur sales and facilitating access to tools for animal cruelty places Etsy within the scope of commercial animal exploitation.
Research Sources
1 organization
Related Exclusions
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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.
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