Quaker Chemical Corporation
KWR
Materials
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.
Quaker Houghton is the global leader in industrial process fluids, generating approximately $1.9 billion in annual revenue from metalworking fluids, lubricants, hydraulic fluids, and specialty chemicals serving steel, aluminum, automotive, aerospace, and mining industries. The company uses approximately 3,000 raw materials, including animal fats and their oleochemical derivatives, as disclosed in SEC 10-K filings.
Animal fats and tallow derivatives serve as feedstock for certain lubricant and metalworking fluid formulations. While animal-derived inputs represent one category among thousands of raw materials, the company's scale of production means aggregate consumption of animal fat derivatives is substantial. Quaker Houghton does not raise or slaughter animals but is a downstream industrial consumer of rendered animal byproducts from the meatpacking industry.
Research Sources
1 organization
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.