Investment Stewardship

We believe integrating Environmental, Social and Governance (ESG) issues into our investment decision-making and ownership practices across platforms will help deliver better investment outcomes to our clients.

About AGF Corporate Governance Investor Relations


AGF is committed to the principles of good stewardship and responsible investment. We recognize that effective research, analysis and evaluation of ESG issues is a fundamental part of assessing the value and performance of an investment over the medium and longer term and that this analysis should inform asset allocation, stock selection, portfolio construction, shareholder engagement and voting.

Download the Responsible Investing Policy

Our Commitment

ESG Committee

AGF’s ESG Committee meets monthly to review the implementation of our Responsible Investment Policy, any other related corporate governance and responsible investment matters within AGF. The Committee consists of representatives from each investment team and reports directly to Kevin McCreadie, President and Chief Investment Officer.

Proxy Voting

Proxy voting is an important component of active ownership. AGF adopted Sustainability Proxy Voting Guidelines to support sustainable business practices and we vote proxies in the best interests of the Funds.

Search AGF Proxy Voting Records

Investment ESG Risk Management Oversight

Portfolio level ESG investment risk is monitored in the AGF portfolio analytics and risk management process and reviewed at the quarterly review with every Portfolio Manager, CIO and Risk and Portfolio Analytics team.

Engagement

When opportunity presents itself, AGF engages in dialogue where we seek to influence the company’s approach on ESG factors that are material and relevant for each specific circumstance. AGF participates in broader discussions about standards and best practices in responsible investing. We engage with companies and policy makers on a wide range of issues to understand better the quality of the businesses that we invest in, how they are positioned for future challenges, including their approach to ESG issues.

Principles for Responsible Investment

When opportunity presents itself, AGF engages in dialogue where we seek to influence the company’s approach on ESG factors that are material and relevant for each specific circumstance. AGF participates in broader discussions about standards and best practices in responsible investing. We engage with companies and policy makers on a wide range of issues to understand better the quality of the businesses that we invest in, how they are positioned for future challenges, including their approach to ESG issues.

RIA

AGF is a sustaining member of the Responsible Investment Association (RIA), Canada’s membership association for Responsible Investment. AGF’s Hyewon Kong is Co-Founder/Chair of Toronto Responsible Investment (RI) Working Group which enables collaboration, sharing of best practices in responsible investment and a member of the Policy Stewardship Group.

CDP

AGF is a member of CDP a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. CDP is committed to a thriving economy that works for both people and the planet long term.

30% Club Canada

As a member of the 30% Club Canada, AGF achieved gender parity – with four men and four women – in the Boardroom. The 30% Club encourages and supports companies to appoint more women at board level as well as senior management levels.

Ceres INCR

As a member of The Ceres Investor Network on Climate Risk and Sustainability, AGF engages and collaborates on environmental, social and governance issues to advance leading investment practices, corporate engagement strategies and policy solutions.

Four Principles

Fundamental Analysis

  • Identify and assess material ESG factors as part of the investment strategy
  • ESG data incorporated into investment research templates

Active Ownership

  • Engagement
    • Promote ESG value-adding practice
  • Proxy Voting
    • Vote proxies to support responsible practices and enhance shareholder value

ESG Risk Monitoring

  • ESG data "flags" on a regular basis
  • Monthly ESG Summary report
  • ESG risks incorporated in quarterly risk review

ESG Thought Leadership

  • Lead collaborative initiatives with other institutional investors
    • Sustaining member or RIA
    • Founder/Chair of Toronto Responsible Investment Working Group
    • Engage with CFA Institute