THOMSON REUTERS CORP
TRI
Industrials
1
exclusion reason
1 theme
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.
Thomson Reuters Corp. provides data and information services that support the operations of U.S. Immigration and Customs Enforcement (ICE). The American Friends Service Committee’s Investigate database flags the company as part of the “borders” industry, a categorization for companies that enable or profit from immigration enforcement and detention systems. Investment funds focused on social justice, such as the Praxis International Index Fund, have excluded Thomson Reuters based on its ties to this sector.
The specific nature of the company’s contracts or services to private prison operators like CoreCivic and GEO Group is not detailed in public disclosures. However, its classification by multiple human rights and investment screening sources indicates a material business relationship with the immigration detention apparatus.
Research Sources
1 organization
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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.