AGF Investments

Industries Diversified Financials
Subsidiaries https://www.agf.com/agf-files/en/investor-relations/annual-reports/corp144-2025-agf-annual-report.pdf, 20/20 Financial Corporation, AGF International Advisors Company Limited, AGF Investments America Inc., AGF Investments Inc., Cypress Capital Management Limited (Cypress)
Location Massachusetts
Activism

These companies are committed to leveraging shareholder or investor assets for net-zero emission goals and climate ambitions for GFANZ, Climate Action 100+, CERES, PCAF, UN PRI, NZLA, FIT, or HSCP.

Rating Overview

Risk Rating: Medium

AGF Investments is Medium Risk.

AGF Investments is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. The company occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Medium Risk
Discriminatory Philanthropy Lower Risk
Employment Protection High Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias High Risk
Funding Lower Risk
Political Actions No Data

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Medium

Rationale:

AGF Investments is a signatory of the Principles for Responsible Investment, incorporating ESG issues into investment analysis, decision-making, and other business practices (1)(2). However, the company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (3).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

AGF Investments does not appear to discriminate against charitable organizations based on views or beliefs. The company’s charitable giving focus areas are “sustainable investing, talent, culture, and DEI, and sustainable operations and governance” (1).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

High

Rationale:

AGF Investments offers unconscious bias training to its employees (1). The company appears to prioritize diversity over merit in its leadership composition. From its Nominating and Corporate Governance Committee Charter: “Consider diversity criteria as set out in the Board Diversity Policy” (2). AGF Investments does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

High

Rationale:

AGF Investments is a member of Climate Action 100+, committed to carbon neutrality by 2050 (1)(2). The company has signed on to the Carbon Disclosure Project, the Responsible Investment Association, committing itself to carbon neutrality by 2050 (3). AGF Investments supports DEI within its business practices. From its Talent, Culture, and DEI webpage: “We are proud to have launched a multi-year plan to accelerate Diversity, Equity, and Inclusion initiatives that will continue to strengthen the fabric of our corporate culture, enrich our collective employee and life experiences, while leading to smart corporate decision making” (4).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

AGF Investments has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

N/A

Rationale:

AGF Investments does not operate a PAC or engage in lobbying at this time (1)(2)(3).