Zoetis Inc.
ZTS
Information Technology
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.
Zoetis Inc. develops, manufactures, and sells animal health medicines, vaccines, and diagnostics, a business model that inherently requires animal testing for product development and regulatory compliance. The company’s product portfolio includes pharmaceuticals and biologics that must undergo safety and efficacy testing, processes which routinely involve laboratory animals. References to internal study reports, such as Study No. DHX6Z-US-23-205 (2024), indicate ongoing animal-based research and testing activities conducted or commissioned by the company.
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.