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What You Care About · Dependency ReportBeta
animal rescue
Owners voting their values help at the margin; other actors carry the outcome.
Nobody sells an animal into a shelter, but two of the reasons families give one up are set in company offices.
5.8 million dogs and cats entered American shelters and rescues in 2025 and 4.2 million were adopted out, which is the arithmetic of the problem. Fifty-nine percent arrived as strays and 30 percent were surrendered by their owners. Neither of those numbers is set by a company, and a report that pretended otherwise would be selling share owners a lever that is not attached to anything.
What the ASPCA says about why the second number stays high is the useful part. It attributes the pattern to the difficulty of keeping pets with their families, especially where communities lack access to veterinary care, pet-friendly housing or behavioural support. Two of those three are things companies decide.
A landlord's pet policy is the landlord's own conduct. 92 percent of pet-friendly rental housing places some restriction on the type, number, breed or weight of pets, 72 percent of residents say pet-friendly housing is hard to find, and the research commissioned for the housing industry itself estimates that easing those restrictions could help up to 8.2 million animals find homes over time. The same research found pet-friendly vacancies filling faster, so this is not a case where doing the thing costs money. What the documents read here do not establish is what share of rental housing is held by companies a shareholder vote reaches, and the rating says so rather than assuming it.
Veterinary care is the other one. Chewy opened eight veterinary clinics in 2024 and had 18 by the end of 2025, which is a listed company deciding to widen access to care. One company doing it is what shows the thing is a choice.
There is one piece of advocacy on this record and it is worth stating carefully, because an earlier version of this report got it wrong. In 2004, People for the Ethical Treatment of Animals presented a proposal at PETCO Animal Supplies asking the board to review the costs and liabilities of its sale of animals. PETA owned 167 shares. The proposal was defeated, 1,082,846 votes to 41,999,901. No shareholder proposal by PETA at Chewy exists: EDGAR's full-text search, which covers every filing since 2001, returns nothing for the two names together. A defeat twenty years ago is the state of a campaign and not the shape of the dependency, and it lowers nothing here.
Petco's foundation has put more than $430 million into adoption and medical programmes. That is a donation, and a donation is never a lever under this method: any company can give to any cause, so giving says nothing about whether this outcome depends on how shares are voted. It belongs on the page as a fact about the company and not as a reason to rate the subject higher.
Overall this subject is Helpful. Corporate conduct reaches part of the 30 percent of intake that is owner surrender, through housing policy and the price of veterinary care. It does not reach the 59 percent that arrives as strays, the shelter system that is municipal and nonprofit, or the adoption demand that has to absorb the difference. That is a scope argument that names actors rather than prices, which is the only kind this method accepts, and it is why the rating is what it is.
No person has reviewed this report. Every claim was checked against the page it cites. If we got something wrong, tell us. How we score dependency.
What stands in the way, scored
Eight obstacles, ranked by how far a share owner can move them. Five of the eight are Independent, which is the honest shape of this subject: the shelter system is municipal and nonprofit and the animals arrive from households and from the street.
Flagged for review. No document read here names the listed landlords whose pet policies this obstacle turns on, or the share of rental housing they hold. The obstacle is corporate conduct; which companies a vote reaches is not established.
The restriction rates and the 8.2 million figure come from research commissioned by the housing industry and an animal welfare foundation together, not from one side of the argument.
92 percent of pet-friendly rental housing places some restriction on type, number, breed or weight, 72 percent of residents say pet-friendly housing is hard to find and 59 percent say it is too expensive. Access ranges from 39 percent of properties in Hawaii to 91 percent in Texas and Arizona, so this is a policy rather than a fact of building construction. The research commissioned for the housing industry estimates that easing restrictions could help up to 8.2 million animals find homes over time, and found that residents in pet-friendly housing stay 21 percent longer and that 83 percent of owners and operators say pet-friendly vacancies fill faster. A pet policy is the landlord's own conduct. What the documents read do not establish is the share of rental housing held by listed companies, so this is rated as an obstacle companies have to move on alongside others rather than one they decide alone.
Confirmed for this obstacle (7)
- 92 percent of pet-friendly rental housing places some restriction on the type, number, breed or weight of pets. source
- 72 percent of residents say pet-friendly housing is hard to find and 59 percent say it is too expensive. source
- Easing restrictions could help up to 8.2 million animals find new homes over time. source
- Residents in pet-friendly housing stay 21 percent longer on average. source
- 83 percent of owners and operators say pet-friendly vacancies are filled faster. source
- Access to pet-friendly rental housing ranges from 39 percent of properties in Hawaii to 91 percent in Texas and Arizona. source
- 35 percent of residents without pets say they would get one if restrictions were lifted. source
Already working on this
Care about this, and have not voted their shares on it
- Interfaith Center on Corporate Responsibility Its members hold the listed apartment owners whose pet policies this obstacle is made of, and no filing on pet policy appears in the documents read.Ask them to vote
Companies involved: Chewy, Inc. (shareholders vote here)
The ASPCA names veterinary access as a driver of shelter intake, and shelters report veterinarian shortages directly.
Lack of access to veterinary care is one of the three reasons the ASPCA gives for animals not staying with their families, and shelters themselves report veterinarian shortages and a rising share of animals with greater medical needs. This is a choice as well as a market condition, and a listed company has demonstrated it: Chewy opened eight veterinary clinics in 2024 and had 18 by the end of 2025, alongside a telehealth service. Eighteen clinics will not change a national shortage, which is why companies have to move here and so do veterinary schools, states and the nonprofit clinics doing most of this work.
Confirmed for this obstacle (4)
- Intake patterns reflect challenges in keeping pets with their families where communities lack veterinary care, pet-friendly housing or behavioural support. source
- Shelters face staffing and veterinarian shortages and an increasing proportion of animals with greater medical and behavioural needs. source
- Chewy opened and operated eight veterinary clinics under the Chewy Vet Care brand in 2024. filing
- Chewy brought the total number of those clinics to 18 during 2025. filing
Care about this, and have not voted their shares on it
- Interfaith Center on Corporate Responsibility Holds the listed pet retail and veterinary companies, and no filing on access to veterinary care appears in the documents read.Ask them to vote
Companies involved: Petco Health & Wellness Company, Inc. (shareholders vote here); PETCO Animal Supplies, Inc. (privately held, no shareholder vote)
EDGAR full-text search, which covers every filing since 2001, returns nothing for "People for the Ethical Treatment of Animals" together with "Chewy", and nothing for "PETA" together with "Petco Health and Wellness". The only filings naming PETA and PETCO together are the 2004 proxy statement and the 2004 quarterly report recorded above. Any statement that PETA filed at Chewy in 2022 or at Petco in 2023 is unsupported and is withdrawn.
The retail sale of companion animals is documented in the company's own filings; its contribution to shelter intake is not established in the documents read.
What a shop sells is the shop's own conduct, and Petco's current annual report states that it handles and sells companion animals, and that deaths, illnesses or injuries sometimes occur while animals are in its care. This is the obstacle the only shareholder proposal on this record went after, in 2004, and it lost heavily. It is rated Helpful rather than higher for a reason of scope: the companion animals a national pet retailer sells are largely birds, fish, reptiles and small animals, while the 5.8 million animals entering shelters are dogs and cats. Nothing in the documents read establishes what share of shelter intake retail sales account for, and the rating reflects that rather than assuming it either way.
Confirmed for this obstacle (6)
- Petco says it handles and sells companion animals and that deaths, illnesses or injuries sometimes occur while animals are in its care. filing
- PETA presented a proposal at PETCO Animal Supplies in 2004 asking the board to review the costs and liabilities of its sale of animals. filing
- The proposal was defeated, 1,082,846 votes for and 41,999,901 against. filing
- PETA owned 167 shares of PETCO common stock when the proposal was received. filing
- The resolution asked whether ending the sale of animals would let PETCO concentrate on supplies and services. filing
- The board opposed it, citing at least a 4.6 percent increase in comparable store sales for over 44 consecutive quarters. filing
Shareholder advocacy on record
- 2004: People for the Ethical Treatment of Animals at PETCO Animal Supplies, Inc. Asked the company to Report on the operational costs and liabilities of PETCO's sale of animals, and on the viability of a policy ending those sales.. Defeated: 1,082,846 votes for, 41,999,901 against, 1,855,890 abstentions and 3,417,003 broker non-votes, with abstentions counting against.. We found no document in this corpus recording a change by the company in response.. Source
Already working on this
Care about this, and have not voted their shares on it
- American Society for the Prevention of Cruelty to Animals Runs the national campaign on the commercial breeding industry and publishes the intake data this report rests on, with no filing at a listed pet retailer in the documents read.Ask them to vote
Strays are the largest single intake pathway in the national data, at 59 percent.
Fifty-nine percent of the animals entering shelters in 2025 came in as strays. An animal becomes a stray through a gate left open, a move, a storm or an abandonment, and no company decides any of those. Whoever finds the animal is a neighbour or an animal control officer, and where it goes is a municipal or nonprofit shelter. There is no corporate conduct in this chain to change, and no political fight over it that the documents read disclose. A share owner has no lever here and the report says so plainly rather than inventing one.
Owner surrender is the second intake pathway in the national data, at 30 percent.
Thirty percent of intake is pets surrendered by their owners. The decision belongs to the household, and nothing a company makes or sells takes it. What companies can reach are two of the conditions behind the decision, housing and veterinary cost, and those are rated on their own above rather than counted twice here. The surrender itself is not a corporate decision and this obstacle is rated accordingly.
Flagged for review. The corporate connection in this obstacle is a donation. Donations, sponsorships and grants are never levers under this method, because any company can give to any cause and giving says nothing about whether the outcome depends on how shares are voted. The rating is not changed by the size of the gift.
Length of stay is reported nationally as a worsening constraint on shelter capacity.
Dogs, especially large dogs, are staying in shelters longer than they were five years ago, and the extra time limits space for new arrivals. Shelter capacity is built and paid for by municipalities and by nonprofits funded from donations and public budgets. No listed company owns a shelter, sets its budget or decides how long an animal waits. Corporate giving reaches this, and giving is not a lever under this method.
Confirmed for this obstacle (3)
- Dogs are staying in shelters longer than five years ago, straining a system already stretched thin. source
- Petco Love has invested more than $430 million in adoption and medical care programmes and spay and neuter services. filing
- Its Think Adoption First programme has helped more than 7 million pets find families. filing
The shelters themselves report this as a growing constraint alongside staffing shortages.
Shelters report a rising share of animals needing more intensive medical and behavioural support, alongside staffing and veterinarian shortages. Behavioural rehabilitation is done by shelter staff, trainers and veterinary behaviourists, most of them working for nonprofits or for themselves. The veterinary shortage is a training and licensing question. No company decides what a shelter can do for a difficult dog, and the vote does not reach this.
Confirmed for this obstacle (1)
- Shelters report staffing and veterinarian shortages and a rising proportion of animals with greater medical and behavioural needs. source
The gap between 5.8 million arriving and 4.2 million adopted is the national outcome data for 2025.
4.2 million animals were adopted in 2025 against 5.8 million arriving, and about 597,000 were euthanized, at a rate that has fallen from 10 percent in 2019 to 8 percent in 2025. Whether a household adopts is a household's decision. The one corporate connection that would bear on it is rental housing, where 35 percent of residents without pets say they would get one if their building's restrictions were lifted, and that is rated on its own above. Adoption demand itself is not something a share owner can vote on.
What owners can do
- If you own shares in a residential landlord, ask what its pet policy is, what it charges for a pet, and what breed and weight limits it applies. That is a board-level policy and the industry's own research says easing it fills vacancies faster.
- Ask a pet retailer you own what it still sells live, and what happened to the animals it sold. Petco's own filings acknowledge that deaths, illnesses and injuries happen while animals are in its care.
- Ask a company opening veterinary clinics what it charges and where it opens. Eighteen clinics is a decision about access as much as about revenue.
- Treat a company's animal welfare foundation as a fact about the company rather than as an answer. Giving is not a policy, and this method does not count it as a lever.
- Vote alongside an organization that works on this if reading proxy statements is not how you want to spend your time.
- For the strays, the shelter budgets and the adoption gap, give and volunteer rather than vote. Those obstacles are not the kind a share reaches.
Where this sits on our maps
- UN SDG Target 11.1: Safe, affordable housing · see it on the UNSDG map
- UN SDG Target 15.5: Halt biodiversity loss; protect threatened species · see it on the UNSDG map
- UN SDG Target 3.8: Universal health coverage and affordable medicines · see it on the UNSDG map
Organizations to know
- People for the Ethical Treatment of Animals (shareholder advocacy on record) Filed the only shareholder proposal on this record, at PETCO Animal Supplies in 2004.
- American Society for the Prevention of Cruelty to Animals (shareholder advocacy on record) Publishes the national shelter intake and outcome data this report rests on.
- Michelson Found Animals Foundation (shareholder advocacy on record) Commissioned the pet-inclusive housing research that turns a landlord's pet policy into a measurable obstacle.
- Human Animal Bond Research Institute (shareholder advocacy on record) Co-author of that research and the body making the economic case to rental housing providers.
- Petco Health & Wellness Company, Inc. (publicly listed) The listed pet retailer that still handles and sells companion animals, and the successor in name to the company PETA filed at in 2004.
- Chewy, Inc. (publicly listed) A listed retailer that has opened veterinary clinics, which is the clearest case here of a company choosing to widen access to care.
Sources
- U.S. Animal Shelter Statistics (American Society for the Prevention of Cruelty to Animals)
- New report highlights the benefits of pet-friendly rental housing (Human Animal Bond Research Institute)
- The Pet-Inclusive Housing Gap: Data, Disparities, and the Path Forward (Pet-Inclusive Housing Initiative)
- PETCO Animal Supplies, Inc., Form 10-Q, 30 August 2004 (U.S. Securities and Exchange Commission)
- PETCO Animal Supplies, Inc., Definitive Proxy Statement, 3 May 2004 (U.S. Securities and Exchange Commission)
- Petco Health & Wellness Company, Inc., Form 10-K for fiscal 2025 (U.S. Securities and Exchange Commission)
- Chewy, Inc., Form 10-K for fiscal 2025 (U.S. Securities and Exchange Commission)
About this report
The rating answers two questions: how far the outcome depends on companies changing what they make, how they make it and what they sell, and how far it depends on companies dropping their political influence against it. The higher answer sets the rating: Independent, Helpful, Necessary or Pivotal.
This is the deep report. A frontier model researched it against documents captured as it read them, and every fact it recorded carries an excerpt from one of those documents. Each excerpt was matched to its document twice: on the machine that did the work, and again here. The ratings are analytical judgments under our method, not findings of any organization named here.
31 claims were checked against the document each cites: 31 held and 0 did not.
What we read. 7 documents were held for this report and every quotation was checked against them.
Every claim, and what became of it (31)
- Confirmed · 5.8 million dogs and cats entered United States shelters and rescues in 2025, 2.8 million dogs and 3 million cats.
- Confirmed · 4.2 million shelter animals were adopted in 2025, not enough to reduce the number of dogs and cats in shelters.
- Confirmed · About 597,000 animals were euthanized in shelters in 2025, and the euthanasia rate fell from 10 percent in 2019 to 8 percent in 2025.
- Confirmed · Most animals entering shelters in 2025 came in as strays, 59 percent, followed by pets surrendered by their owners, 30 percent.
- Confirmed · The ASPCA attributes those intake patterns to challenges in keeping pets with their families, especially where communities lack access to veterinary care, pet-friendly housing or behavioural support.
- Confirmed · Dogs, especially large dogs, are staying in shelters longer than five years ago, which limits space for new animals.
- Confirmed · Shelters report an increasing proportion of animals with greater medical and behavioural needs, alongside staffing and veterinarian shortages.
- Confirmed · 92 percent of pet-friendly rental housing places some restriction on the type, number, breed or weight of pets.
- Confirmed · 72 percent of residents say pet-friendly housing is hard to find and 59 percent say it is too expensive.
- Confirmed · Easing restrictions on pets in rental housing could help up to 8.2 million animals find new homes over time.
- Confirmed · Residents in pet-friendly housing stay 21 percent longer on average than those in housing that is not pet-friendly.
- Confirmed · 83 percent of rental housing owners and operators say pet-friendly vacancies are filled faster and 79 percent say they are easier to fill.
- Confirmed · 35 percent of residents without pets say they would get one if restrictions on their rental housing were lifted.
- Confirmed · Access to pet-friendly rental housing ranges from 39 percent of properties in Hawaii to 91 percent in Texas and Arizona.
- Confirmed · People for the Ethical Treatment of Animals presented a shareholder proposal at PETCO Animal Supplies in 2004 asking the board to review the costs and liabilities of its sale of animals and the viabil
- Confirmed · That proposal was defeated, with 1,082,846 votes for and 41,999,901 against.
- Confirmed · PETA owned 167 shares of PETCO common stock when the proposal was received.
- Confirmed · The resolution asked whether ending the sale of animals would let PETCO concentrate on supplies and services.
- Confirmed · PETCO's board opposed the proposal, saying its mix of companion animals and related products and services had produced at least a 4.6 percent increase in comparable store sales for over 44 consecutive
- Confirmed · Petco's current annual report says it handles and sells companion animals, which may include birds, fish, reptiles and other small animals, and that deaths, illnesses or injuries sometimes occur while
- Confirmed · Chewy opened and operated eight veterinary clinics under the Chewy Vet Care brand in 2024, offering routine appointments, urgent care and surgery.
- Confirmed · Chewy expanded those practices in 2025, bringing the total number of clinics to 18.
- Confirmed · Petco Love, the company's foundation, has invested more than $430 million in adoption and medical care programmes, spay and neuter services and related work since 1999.
- Confirmed · Petco Love's Think Adoption First programme has helped more than 7 million pets find families.
- Confirmed · Households, not companies, decide whether to surrender a pet, and nobody decides whether an animal becomes a stray, which is why the two largest intake pathways are rated Independent however severe th
- Confirmed · A landlord's pet policy is the landlord's own conduct, so a company changing it does not contribute to that obstacle being removed, it is that obstacle removed for its own buildings.
- Confirmed · The share of rental housing held by listed landlords is not established in the documents read, so the housing obstacle is rated as one where companies have to move and others have to move with them ra
- Confirmed · Petco Love's giving is a donation, and a donation is never a lever under this method: any company can give to any cause, so giving says nothing about whether this outcome depends on how shares are vot
- Confirmed · One listed retailer opening veterinary clinics to widen access shows that the cost and availability of veterinary care is a corporate choice as well as a market condition.
- Confirmed · No shareholder proposal by any party at Chewy appears in EDGAR's full-text search, and the 2004 PETCO proposal is the only advocacy on this record, which is a fact about the movement's history and doe
- Confirmed · No corporate political activity for or against animal rescue was found in the documents read, which is a statement about those documents rather than about the world.
First drafted September 20, 2026, reviewed and republished September 23, 2026. Scoring method revision 1.6.
Which passes have run, and what ran them
The passes can run on different models, so each one records its own. Where a model was asked for by a name that moves, the exact build that answered is shown.
- The deep run · September 23, 2026 · Read 10 documents and wrote 31 claims, each with an excerpt from one of them. The run's own verifier repaired 3 and dropped 0 over 1 pass.local runner · claude-opus-5
