J.M. Smucker Company (The)
SJM
Consumer Staples
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.
The J.M. Smucker Company has not established a science-aligned climate transition plan. Its public climate goals lack the specificity, interim targets, and comprehensive scope required to demonstrate a credible pathway to decarbonization. While the company references an industry aim to reach net zero, it has not set its own company-wide net-zero target, nor has it committed to the Science Based Targets initiative (SBTi). This absence of a validated, time-bound plan to reduce emissions across its operations and value chain constitutes climate intransigence for a major food manufacturer.
Research Sources
1 organization
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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.