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.
Solventum Corp is a healthcare company spun off from 3M in 2024. Its business includes an Animal Care segment, which develops and sells products for animal care and veterinary medicine. The company’s intellectual property filings and SEC disclosures explicitly list “Animal Care” as a core business area, indicating commercial involvement in the animal health market. The available evidence does not specify revenue percentages, product lines, or the scale of this segment. Further investigation is required to determine if Solventum’s activities involve the commercial exploitation of animals, such as producing equipment for large-scale animal agriculture or confinement, which would align with this exclusion category.
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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.