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.
SenesTech, Inc. manufactures and sells products designed for the commercial-scale control of animal populations through fertility suppression. Its primary product, ContraPest, is a liquid bait that reduces the reproductive capabilities of rats, and the company also develops similar fertility control products for other species. This business model is built on the commercial exploitation of animals as pests to be managed.
The company's operations are specifically cited by animal welfare investment screens, including Cruelty Free Investors, which flags SenesTech for animal exploitation. While the company positions its fertility control as a non-lethal alternative to poisons, its core commercial activity is the development and sale of products intended to intervene in the reproductive systems of animals on a population-wide scale.
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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.