PanAgora Asset Management
Rating Overview
Rating Criteria
Rating Criteria Detail
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:
MediumRationale:
PanAgora Asset Management 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 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:
LowerRationale:
PanAgora Asset Management does not publish charitable giving guidelines (1).
Criteria:
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
Risk Level:
HighRationale:
PanAgora Asset Management appears to prioritize diversity over merit in its recruitment and hiring. From its Careers page: “A diverse workplace is not only a good business practice that can enhance our global competitiveness and build market share, but it is also key to attracting and retaining the best talent” (1). The company does not provide viewpoint protections for its employees (2).
Corporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
MediumRationale:
PanAgora Asset Management supports DEI within its business practices. From its Our Approach page: “PanAgora is an investment management organization that values an inclusive culture based on diverse backgrounds, experience and views” (1). From its Careers page: “PanAgora is firmly committed to inclusion, equality and diversity, believing it adds to the vitality and strength of our organization” (2). Otherwise, there are no publicly known cases of the company using its reputation to advance ideological causes or policies (3).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
PanAgora Asset Management has not used corporate funds to advance ideological causes, organizations, or policies (1).