GENERAC HOLDINGS INC is screened out under 2 exclusion reasons 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.
Generac Holdings manufactures backup generators that run primarily on fossil fuels — diesel, natural gas, and propane. The company's core business model is predicated on selling equipment that consumes fossil fuels during operation. In 2021, the U.S. Securities and Exchange Commission noted that the lifecycle greenhouse gas intensity of natural gas is a key driver in evaluating climate-related risks for companies reliant on such fuels. Generac's product line directly enables and depends on ongoing fossil fuel consumption for its function.
Generac Holdings Inc. manufactures and sells backup power generation systems, primarily fueled by natural gas or propane. Its core residential product line consists of home standby generators, which are permanently installed fossil fuel-burning units designed to activate automatically during grid outages. While the company has expanded into energy storage and solar products, its primary revenue driver remains the sale and installation of these fossil fuel-dependent generators.
The company's business model is directly tied to the proliferation of decentralized fossil fuel infrastructure. Generac actively markets these systems as essential for home resilience, contributing to increased emissions from distributed sources. There is no evidence the company has a plan to phase out its fossil fuel-powered generator lines or that it derives a majority of its revenue from non-emitting technologies.
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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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