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UL SOLUTIONS INC

ULS

Industrials

1

exclusion reason

1 theme

Animal Welfare (1)
ULS Industrials Current as of March 2026

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.

Animal Exploitation
Since Mar 12, 2026

UL Solutions Inc. is listed by Cruelty Free Investors among companies that exploit animals. The specific business activity triggering this exclusion is not detailed in the provided evidence, but the categorization indicates involvement in commercial animal exploitation that does not fall under more specific sub-categories such as meat production or entertainment. This catch-all classification is applied when a company’s operations or products contribute to animal harm at scale, including potentially producing equipment designed for such purposes. The available evidence references the Animal Welfare Act in relation to the company, suggesting its activities intersect with regulatory frameworks governing animal treatment. Without further specifics on revenue or operational scale, the exclusion stands on the basis of this third-party designation linking the company to animal exploitation.

Research Sources 1 organization
Cruelty Free Investors
External

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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.