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World Fuel Services Corporation

INT

Energy

2

exclusion reasons

1 theme

Fossil Fuels (2)
INT Energy Current as of March 2026

World Fuel Services Corporation 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.

Upstream Fossil Fuels
Since Jul 28, 2021

World Fuel Services Corporation is excluded under the fossil fuels upstream category for its involvement in the exploration, extraction, and production of oil and gas. As a company operating in this sector, its primary business activities are directly linked to the upstream segment of the fossil fuel supply chain. No specific evidence regarding the scale, revenue percentage, or operational details of its upstream activities has been gathered for this review.

Source:
ECIC
Downstream Fossil Fuels
Since Jul 28, 2021

World Fuel Services Corporation is a global energy logistics provider specializing in the marketing and distribution of fossil fuel products, including aviation fuel, marine fuel, and land transportation fuels. The company's core business involves the downstream sale and physical supply of refined petroleum products to a global customer base.

This exclusion is based on the company's central role in the downstream fossil fuel supply chain. A specific evidence review for revenue percentages, customer segments, and operational scale is required to complete this narrative.

Source:
ECIC
Research Sources 1 organization
Ethical Capital
Internal

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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.