AMETEK, Inc. - 1792 Exchange

Rating Overview

AMETEK, Inc. is Medium Risk.

AMETEK, Inc. is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. 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	High Risk
Employment Protection	High Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	High Risk
Funding	Medium 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:

AMETEK integrates ESG into its business practices. From its Inclusion Strategy: “Key manager performance goals include inclusion initiatives” (1). AMETEK promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation and gender reassignment in their nondiscrimination policy (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:

High

Rationale:

AMETEK will not make charitable donations to religious organizations (1).

Criteria:

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

Risk Level:

High

Rationale:

AMETEK offers unconscious bias training to its employees (1) AMETEK appears to prioritize diversity over merit in its hiring and leadership composition. From its 2023 Sustainability Report: “We are committed to diversity across AMETEK, including for our Board of Directors. We have been recognized by numerous organizations, including 50/50 Women on Boards and the Forum of Executive Women, for our Board diversity” (2). AMETEK 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:

AMETEK supports DEI within its business structure, hosting a Inclusion Council (1). AMETEK STC, a division of AMETEK, supports ESG within its business practices. From its public interview: “As a company with more than 400 employees and several offices and manufacturing facilities across the world, we consider it a natural part of our company culture to have an inclusive mindset that supports equality and the local communities in which we operate. Therefore, ESG, and under this sustainability and social responsibility, is something we have always considered a natural part of our identity at AMETEK STC” (2).

Criteria:

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

Risk Level:

Medium

Rationale:

The AMETEK Foundation supported Pride in STEM, a non-profit LGBTQIA+ STEM organization (1). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (2).

Criteria:

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

Risk Level:

N/A

Rationale:

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