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SNAP-ON INC

SNA

Industrials

3

exclusion reasons

2 themes

Labor Rights (2) Environmental Harm (1)
SNA Industrials 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.

Working Conditions
Since Mar 8, 2026

Snap-on manufacturing facilities received OSHA Citation 1450257 (2020-02-18) for Serious workplace safety violations. Snap-on Credit LLC also faced FTC/state AG investigation for predatory lending practices targeting auto mechanics.

CIO review 2026-03-19: OSHA logs for 2024-2025 show several "Serious" violations at tool storage manufacturing plants including inadequate machine guarding and fall protection (approx. $45k fines). Localized safety failures.

CIO review 2026-03-19: OSHA logs for 2024-2025 show several "Serious" violations at tool storage manufacturing plants including inadequate machine guarding and fall protection (approx. $45k fines). Localized safety failures.

Environmental Damage
Since Aug 1, 2024

In August 2024, Snap-on settled with U.S. EPA (Region 5) for Clean Air Act violations at Milwaukee facility — cited for failing to properly monitor and control VOC emissions from coating and plating lines. As of January 2026, Snap-on is named in emerging PFAS MDL concerning "forever chemicals" used in chrome-plating and tool-coating processes allegedly leaching into groundwater near legacy sites.

Forced Labor
Since Jan 1, 2024

Snap-on operates significant manufacturing facilities in China (Snap-on Asia Manufacturing, Kunshan and Xiaoshan). 2025 Sheffield Hallam University / Helena Kennedy Centre report identified tier-2 steel and plastic component suppliers as participants in "poverty alleviation" labor transfer programs linked to Xinjiang. Under UFLPA, Snap-on faced increased scrutiny and Withhold Release Orders for shipments of tool storage components containing aluminum and PVC sourced from XPCC periphery entities.

Research Sources 6 organizations

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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.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.