MASHINIi

Affiliated Managers Group.

AMG.US | Fund management activities

Affiliated Managers Group (AMG) is a global asset management company. It operates by acquiring equity stakes in a diverse group of independent investment management firms, known as Affiliates. AMG provides these Affiliates with centralized distribution, marketing, and operational support, allowing t...Show More

Ethical Profile

Mixed.

Affiliated Managers Group (AMG) demonstrates a mixed ethical record. Concerns include a relatively low cybersecurity investment of $22.6 million in 2023, representing just 0.0033% of its $676.4 billion AUM, and a reported lack of AI ethics governance. In worker relations, AMG boasts an 87% engagement score and above-average female representation in management. However, the CEO median pay ratio is 65:1, and collective bargaining coverage stands at 0%. Positively, AMG reduced total emissions to 1,284 MT CO₂e in 2023, transitioned its largest office to 100% renewable energy, and implements strict anti-bribery policies with a 24/7 whistleblower hotline.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business10
-100100
Kind to Animals0
-100100
No War, No Weapons-40
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

AMG.US is a global asset management company, not a healthcare provider.

1
Its core business involves investment management, and its revenue is derived from investment management fees.
2
The provided articles explicitly state that the company's focus is on investment activities in the financial services sector
3
and that no data is presented regarding health-related metrics.
4
Therefore, AMG.US's products and services have no direct positive or negative health impact, and its operations are not relevant to the health-specific considerations outlined in the rubric.

Fair Money & Economic Opportunity

0

Affiliated Managers Group (AMG) is a global asset management company that manages assets for institutional, retail, and high net worth clients.

1
The Key Performance Indicators for 'Fair Money & Economic Opportunity' are primarily designed for companies offering consumer lending, deposit services, or direct financial products to underserved populations. Based on the provided articles, AMG does not offer consumer lending or deposit services, nor does it operate financial service access points. Therefore, for all relevant KPIs, the company's business model aligns with the 'Not applicable' or 'No programs as company is not in financial services' tier, resulting in a score of 0.

Fair Pay & Worker Respect

20

The company's CEO to median employee pay ratio was 65:1 in the 2024 fiscal year, with the CEO's total compensation at $13,030,846 and median employee pay at $201,689.

1
Employee engagement was high, with a score of 87% in 2023.
2
However, no employees are covered by collective bargaining agreements, resulting in a 0% collective bargaining share.
3
The company reported a median gender pay gap of -9.98% in 2024, indicating men were paid less than women, and noted that male-dominated roles included packers and drivers, while female-dominated roles included finance and customer service.
4
AMG.US states a commitment to upholding human rights, prohibiting forced and child labor, and ensuring fair wages, with vendors and suppliers subject to similar standards.
5
The company also offers a comprehensive benefits package including health insurance and has formal health and safety policies and programs.
6

Fair Trade & Ethical Sourcing

0

No specific quantitative data was provided in the articles for fair trade certification share, average audit frequency, number of forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.

1
While the company's Modern Slavery Statement mentions conducting 50 supplier audits in 2024 (72% desktop, 28% face-to-face)
2
and 132 suppliers signing a conduct charter,
3
this information does not provide the specific metrics required by the rubric, such as the average months between audits for tier-1 suppliers, the percentage of spend covered by ethical clauses, or the number of substantiated incidents. The articles explicitly state a lack of data for these specific metrics.
4

Honest & Fair Business

10

AMG.US maintains a 24/7 independent third-party whistleblower hotline available in applicable languages, with retaliation strictly prohibited.

1
The company has a strict anti-corruption policy prohibiting bribery, corruption, criminal facilitation of tax evasion, and improper influence, complying with FCPA, UK Anti-Bribery Act, and other relevant laws, and includes mandatory annual anti-corruption training and pre-approval/reporting of political contributions.
2

Kind to Animals

0

AMG is an asset management company, and its core business operations do not involve animal testing, animal-derived products, animal agriculture, or direct impact on wildlife habitats. Therefore, most KPIs related to animal welfare are not applicable. While one of its principal offices is located on 90 acres of land, with the majority maintained in its natural forested state

1
, there is no evidence of measurable biodiversity impact or specific conservation initiatives as defined by the rubric's positive tiers.

No War, No Weapons

-40

An affiliate, Hayward, indicated that 66% of its responding suppliers use conflict minerals, and 7 smelters/refiners with sourcing from conflict-affected countries were not certified conflict-free.

1
Approximately 14.88% of Hayward's 336 verified smelters and refiners have an indication of sourcing from Covered Countries, including two physically located in the Democratic Republic of Congo.
2
AMG is a member of the United Nations Global Compact and has a Human Rights Policy.
3
,
4
Its subsidiary, AMG Brasil, adheres to the UN Guiding Principles on Business and Human Rights and has a policy to immediately suspend suppliers violating OECD Annex II risks, stating intolerance for war crimes or support to non-state armed groups.
5
Another affiliate, River Road Asset Management, can screen for military and weapons in its investment mandates, and Parnassus Funds will not invest in companies deriving 10% or more revenue from weapons manufacture, indicating no known exposure to controversial weapons.
6

Planet-Friendly Business

-30

In 2023, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 1,284 tCO₂e, a decrease from 1,447 tCO₂e in 2022.

1
As a global asset management company, this level of emissions is considered not material. AMG has a medium-term emissions reduction plan with a 5% target reduction in Scope 1 and Scope 2 emissions, which was met for the 2017-2023 period
2
, but these targets are not mentioned as being validated by SBTi. The company has reported no specific regulatory actions, violations, fines, or compliance issues
3
, and its 2022 and 2023 emissions data received third-party attestation under ISO 14064-3.
4

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles that directly correspond to the quantitative thresholds or definitions of any of the KPIs for 'Respect for Cultures & Communities'. Information regarding formal partnerships with indigenous or local community groups, revenue reinvested in local community development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community-specific grievance mechanisms, complaint resolution times, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier counts, cultural site protection, social license to operate, charitable giving specifically to cultural heritage organizations as a percentage of revenue, community fund allocation as a percentage of non-core revenue, language inclusivity assessment scores, cultural incident response frameworks, or cultural sensitivity training completion percentages was not provided.

Safe & Smart Tech

0

AMG provides industry-standard user privacy controls, including the right to request disclosures, copies, deletion, and correction of personal data, as well as the ability to opt out of sales or sharing for advertising and profiling.

1
These rights are available for both US and non-US individuals
2
and can be exercised via phone, email, or mail.
3
The company adheres to relevant regulations such as SEC Form ADV, FINRA, and the Dodd-Frank Act, and mentions compliance with AML obligations.
4
No regulatory actions, violations, or fines have been mentioned.
5

Zero Waste & Sustainable Products

-40

AMG achieved a waste diversion rate of 43.3% in 2021.

1
The company integrates circular design principles by innovating processes to use waste, such as spent refinery catalyst, as product inputs to create valuable goods.
2
Multiple waste reduction initiatives are in place, including designing processes for over 99% conversion of oil refinery wastes to saleable finished goods, proactively reviewing manufacturing processes for innovation, and reducing paper, plastic, and printers in offices.
3
,
4
For hazardous waste, 60.3% was recycled in 2021, with remaining waste disposed of according to regulatory requirements.
5
Environmental data from all locations is internally audited once per year.
6
However, the company's waste reduction targets are vague, stating only a commitment to seek year-over-year reduction in all areas.
7

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.