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Primo Water Corp

PRMW

Consumer Staples

2

exclusion reasons

1 theme

Geopolitical Conflict (2)
PRMW Consumer Staples 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.

Primo Water Corporation operates water bottling and distribution facilities in Israel, including within occupied Palestinian territories. The company's SEC filings confirm business operations in Israel, and it is listed by the American Friends Service Committee (AFSC Investigate) as a company operating in or linked to the Occupied Palestinian Territories. While specific facility locations and revenue figures from these operations are not publicly detailed in the gathered evidence, the company's presence in the region is documented by human rights and divestment monitoring groups. This activity places the company within a context of international law violations concerning economic operations in occupied territories.

Conflict & War Zones
Since Sep 22, 2020

Primo Water Corporation operates a water delivery and refill service business in Israel. The company's S-1 registration statement filed with the SEC notes that its "operations in Israel have not been materially affected" by the ongoing conflict. This disclosure confirms the company maintains active commercial operations within an active conflict zone. The company's business model involves delivering water and related products directly to homes and businesses, which constitutes providing goods and services that sustain civilian life under conflict conditions. No affirmative argument has been presented that the civilian population would be materially worse off without this specific commercial water delivery service, which does not constitute essential public infrastructure like power or heat.

Research Sources 1 organization

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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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