Lamb Weston Holdings, Inc.
LW
Consumer Staples
2
exclusion reasons
2 themes
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.
Lamb Weston Holdings, Inc., a major global producer of frozen potato products, has been assessed by the Climate Transition Pathway initiative as having insufficient climate targets and performance. The company’s climate commitments lack the ambition and integrity required to align with a 1.5°C pathway, placing it among corporations whose climate pledges are considered misleading or not credible. This assessment reflects a broader pattern identified in independent analyses, where companies' public climate targets exaggerate their actual progress and lack transparency. Without robust, science-aligned goals and a clear plan to decarbonize its agricultural supply chain and energy-intensive processing operations, the company’s climate strategy constitutes greenwashing.
Lamb Weston Holdings is the subject of consolidated securities fraud litigation, In re Lamb Weston Holdings, Inc. Securities Litigation, covering the class period July 25, 2023, through April 3, 2024. The lawsuits allege the company made materially false and misleading statements about the progress and functionality of a new enterprise resource planning system.
On April 4, 2024, Lamb Weston disclosed significant operational disruptions caused by the ERP implementation failure. The company reported a substantial inventory write-down and reduced its fiscal year 2024 financial guidance. The stock price fell sharply on the disclosure.
The litigation alleges that leadership knew or recklessly disregarded the ERP system's problems during the class period while continuing to make positive statements about its performance to investors.
Research Sources
5 organizations
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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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