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.
Sanofi conducts animal testing as a core component of its pharmaceutical research and development. The company states that the use of animals in research is justified for human health benefits, and its Sanofi Pasteur division confirms adherence to animal-use regulations. As a global pharmaceutical company, its product pipeline inherently relies on animal data for regulatory compliance and safety testing.
In September 2024, following a campaign by PETA, Sanofi banned the forced swim test—a behavioral experiment that forces mice and rats to swim to avoid drowning—from its research protocols. PETA also secured a commitment from the company to end the killing of animals for training purposes. Sanofi publishes data on the number of animals used and reports a global reduction in that count. In June 2024, the company partnered with Charles River Laboratories on a Virtual Control Groups initiative, which aims to minimize animal testing by utilizing retrospective data in certain studies.
Research Sources
1 organization
Related Exclusions
Wondering what we do invest in?
The Naughty List
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.