POLESTAR AUTOMOTIVE HOLDING UK PLC
PSNY
Consumer Discretionary
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.
Polestar Automotive Holding UK PLC manufactures and sells electric vehicles that incorporate animal-derived materials into their interior components. The company’s vehicle configurations offer leather upholstery as a standard or optional feature across its model lineup, which constitutes commercial exploitation of animals for their hides.
While Polestar publicly discusses its ambition to develop fully vegan interiors and has introduced some animal-free material options, the core business currently relies on traditional leather supply chains. The company’s own modern slavery statements identify high risks of human rights violations in its production supply chain, which extends to the sourcing of raw materials like leather. There is no public evidence that the leather used is sourced exclusively from by-products of the meat industry or from farms with verified animal welfare standards, leaving the scale and conditions of animal exploitation inherent to its supply chain unaddressed.
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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