YETI HOLDINGS INC
YETI
Consumer Discretionary
2
exclusion reasons
2 themes
YETI HOLDINGS INC is screened out under 2 exclusion reasons spanning 2 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.
YETI Holdings, Inc. designs and sells premium outdoor equipment, including coolers, drinkware, and bags. The company's products are marketed for outdoor recreation activities such as hunting and fishing. According to its 2023 ESG Report, YETI states it does not use animal-derived materials in its products and has a policy against animal testing.
The evidence gathered does not substantiate a specific incident or pattern of commercial animal exploitation that would align with this exclusion category. The provided sources reference general business operations and a single, unspecified regulatory notice, but none detail involvement in activities like animal testing, fur production, factory farming, or the manufacture of equipment designed to harm animals at scale.
In March 2023, YETI recalled approximately 1.9 million soft coolers and gear cases after magnets in the closures began detaching — an ingestion hazard. By the time of the recall, YETI had received nearly 1,400 reports of the problem.
The timeline suggests delayed disclosure. YETI's Q4 2022 financials included a $128.9 million recall reserve, indicating the company had assessed the scope of the problem months before publicly warning consumers to stop using the products. This gap between internal financial awareness and public safety action is consistent with conduct the CPSC has penalized in other cases — companies characterizing known hazards as quality issues rather than meeting reporting obligations.
Research Sources
2 organizations
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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.
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