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.
Getty Realty Corp is a net lease real estate investment trust specializing in the acquisition and development of convenience and gasoline retail properties. Its core business involves leasing real estate to operators of gas stations and convenience stores, deriving its revenue from these downstream fossil fuel retail tenants. The company's portfolio is concentrated in this sector, making the distribution and sale of gasoline a central, material component of its business model.
The company has been directly implicated in litigation concerning groundwater contamination from the gasoline additive MTBE. In August 2020, Getty Realty entered into a proposed settlement of a lawsuit brought by the State of New Jersey over MTBE pollution. This follows a prior 2013 settlement related to Getty Petroleum Marketing. These legal actions link the company's core real estate assets to the environmental legacy and ongoing liabilities associated with fossil fuel retail distribution.
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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.