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.
Sylvamo Corporation has not set a net-zero emissions target, nor has it established a Science Based Targets initiative commitment. The company's climate disclosures acknowledge physical and transition risks but do not translate these risks into a forward-looking decarbonization strategy aligned with the Paris Agreement. Its current climate goals lack the specificity and ambition required to demonstrate a credible transition pathway for its operations.
The company's primary business is the production of paper and pulp, an energy-intensive process with significant Scope 1 and 2 emissions. Without a net-zero target or a published plan to reduce its operational carbon footprint, Sylvamo's approach to climate change remains reactive rather than strategic, falling behind sector peers who have established time-bound emission reduction commitments.
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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.