Stein Mart, Inc.
SMRT
Information Technology
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.
Stein Mart, Inc. derived revenue from the sale of leather goods, a product category dependent on the commercial exploitation of animals. The company's product assortment included apparel, footwear, and accessories made from animal hides.
Cruelty Free Investors classifies Stein Mart under "Leather/Hide/Fur" in its screening of companies that exploit animals. The company's business model involved sourcing and retailing animal-derived materials at scale through its chain of discount department stores.
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.
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