Union Pacific Corporation
UNP
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.
Union Pacific Corporation operates one of the largest freight railroad networks in North America, a sector with documented risks for worker safety. The company employs tens of thousands of workers in roles involving heavy machinery, hazardous materials, and extensive outdoor work. A specific factual narrative detailing preventable injuries, deaths, or systemic safety failures at Union Pacific cannot be constructed at this time due to an absence of gathered evidence on recent incidents, regulatory actions, or settlement patterns. Further research into OSHA records, National Transportation Safety Board reports, and worker safety litigation is required to assess the company’s current safety practices and any patterns of misconduct.
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.