Aristotle Capital Management

In August 2022, Texas placed one or more funds from Aristotle Investment Services on its List of Financial Companies that Boycott Energy Companies list. The Comptroller’s office examined publicly available data, including licensed information from Bloomberg, LSEG Workspace, and MSCI, to identify U.S.-based funds that appear to restrict or prohibit investments in energy companies. However, in February 2026, a federal judge in Austin issued a ruling prohibiting enforcement of SB 13, the law that allowed the Texas Comptroller to create and maintain its Financial Companies that Boycott Energy Companies list. The court held that the law infringed upon First and Fourteenth Amendment protections. The plaintiffs argued that SB 13 unlawfully penalized financial firms for engaging in protected speech and investment decisions related to ESG policies, effectively compelling viewpoint-based certifications to do business with the state. The State of Texas, however, contended that SB 13 represented a lawful exercise of its authority to direct state investments and contracting decisions and to protect the state’s energy industry from what it characterized as discriminatory financial practices. In February 2026, the Texas Comptroller’s Office and the Texas Attorney General’s Office appealed the ruling to the Fifth Circuit Court of Appeals. The case remains pending (1)(2)(3)(4)(5). Aristotle Capital Management is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (6)(7)(8). However, the company has not canceled customers, suppliers, or vendors based on political views or religious beliefs (9).

Aristotle Capital Management does not appear to discriminate against charitable organizations based on views or beliefs. The company’s charitable giving focus areas are, “organizations focused on mentorship, ongoing development, education, family support and disaster relief for individuals in underserved and underrepresented communities” (1)(2).

Aristotle Capital Management offers unconscious bias and allyship training to its employees (1). The company does not provide viewpoint protections for its employees (2).

Aristotle Capital Management is aligned with the Paris Agreement, which entails a commitment to net zero carbon emissions by 2050 (1). The company supports DEI within its business practices, hosting a DEI Council. The DEI Council strives to “Spearhead initiatives to promote social justice and mobility in our communities” (2)(3).

Aristotle Capital Management has not used corporate funds to advance ideological causes, organizations, or policies (1).

Aristotle Capital Management does not operate a PAC or engage in lobbying at this time (1)(2)(3).