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El Pollo Loco Holdings, Inc.

LOCO

Consumer Discretionary

1

exclusion reason

1 theme

Animal Welfare (1)
LOCO Consumer Discretionary Current as of March 2026

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.

Animal Exploitation
Since Jul 28, 2021

El Pollo Loco Holdings, Inc. operates a chain of over 480 restaurants whose core menu item is flame-grilled chicken. The company's business model is fundamentally built on the commercial production and sale of chicken meat, a form of animal exploitation. In its public disclosures, the company acknowledges it could face criticism from animal rights and welfare groups and that changing its practices in response could increase operational costs.

The company has faced direct regulatory action related to its chicken supply chain. In 2012, a California slaughterhouse supplying El Pollo Loco was barred from federal food programs following animal abuse allegations. While the company notes it is subject to risks from food safety or animal welfare publicity at its restaurants, there is no public evidence of a company-wide commitment to reform its sourcing practices or to transition its business model away from animal products.

Research Sources 1 organization
Cruelty Free Investors
External

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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.