Ethics is a broader issue than just hunting or no hunting.
For example:
Does the company pay all taxes legitimately owed to the country where they are based or are loopholes exploited to avoid this?
Yes, I know there is an argument that loopholes are the fault of governments and that companies couldn't take advantage of them if governments drafted laws more carefully. But taking advantage of loopholes is a managment decision and not entirely excused by the duty of care to shareholders.
Does the company pay the legal minimum or the market average to its employees?
Does the company grant competitive numbers of annual holiday entitlement or the least it can get away with?
Are women paid the same as men for the same work?
Can women reasonably expect to get promoted as far as their talents and abilities will take them or is there a glass-ceiling holding them back?
Does the company provide high quality training and apprenticeships?
Does the company comply with not only the letter of environmental protection laws but also the spirit?
I think that some of these issues are at least as important as whether the company produces some products that are used in hunting but which are also used in law enforcement and by the military to keep us safe and for some hunting that is used to put food on some families' tables.
Lee