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423 Companies Score Negative on Every Ethical Value (2026 Data)

ethical investingindex fundsnegative scores
Mashinii Research ·

We track 5,300+ companies across 11 ethical values. Each score is derived from court filings, regulatory actions, investigative journalism, and NGO reports.

423 of those companies have no positive scores on any value. Every non-zero score they carry is negative. They were scored on at least 5 values.

On the other side: exactly 5 companies are positive on everything.

The ratio is 85 to 1.


The Worst of the Worst

CompanyTickerAvg ScoreValues Scored
FAT BrandsFAT Brands-4315
Universal CorporationUniversal-4316
Olin CorporationOlin-4021
TransDigm GroupTransdigm Group Incorporated-3319
Coca-ColaCoca-Cola-2723

Coca-Cola is the most recognisable name on this list. Scored on 23 values, negative on every single one. Its worst: -70 on Better Health for All, -50 on Planet-Friendly Business.

Olin Corporation makes ammunition and chemical products. TransDigm is a defence contractor. FAT Brands runs fast-food chains. Universal Corporation is the world's largest leaf tobacco dealer.


The Other Side: 5 Companies Positive on Everything

CompanyTickerAvg ScoreValues Scored
Federal Agricultural MortgageFederal Agricultural Mortgage+285
Hydropath TechnologyHELIOS TOWERS+297
Moleculin BiotechMoolec Science SA+265
Paragon TherapeuticsProtagonist Therapeutics+245
AllertecERLEBNIS AKADEMIE AG+165

Small, specialist companies. None are household names. Genuine ethical performance at scale is extraordinarily rare.


Why This Matters

Many of those 423 companies appear in major index funds. If you hold an S&P 500 tracker, a FTSE All-World ETF, or a pension fund with passive equity exposure, some of these names are almost certainly in your portfolio.

The question is whether you know which ones. search any company.

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