STERICYCLE INC
SRCL
Industrials
3
exclusion reasons
3 themes
STERICYCLE INC is screened out under 3 exclusion reasons spanning 3 issue categories.
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. It is a statement of values.
Stericycle agreed to pay over $84 million (2022) to resolve DOJ and SEC investigations into Foreign Corrupt Practices Act violations. The company bribed government officials in Brazil, Mexico, and Argentina to win and retain business. The NBIM Council on Ethics independently recommended Stericycle for exclusion from Norway's Government Pension Fund Global based on "unacceptable risk of the company contributing to or being responsible for serious corruption."
Multiple EPA Clean Air Act settlements for medical waste incinerator emissions. Pattern of environmental enforcement actions at Stericycle incineration facilities.
Stericycle provides essential infrastructure — biohazardous waste disposal — for animal research facilities. The company is a service provider and enabler of the animal testing supply chain.
Research Sources
1 organization
Related Exclusions
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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.