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Company Directory - Alamos Gold Inc.

Company Details - Alamos Gold Inc.

Alamos Gold Inc. Logo

Alamos Gold Inc.

Website

Toronto, Canada

NYSE: AGI, TSX: AGI 

ISIN: CA0162871019

Alamos Gold Inc. is a Canadian-based gold mining company engaged in the exploration, development, and production of gold resources in North America. The company operates several mines and is committed to sustainable and responsible mining practices.

CCI Score

CCI Score: Alamos Gold Inc.

35.41

-0.02%

Latest Event

Adoption of Code of Business Conduct and Ethics

Alamos Gold Inc. published its comprehensive Code of Business Conduct and Ethics, which outlines rigorous standards for ethical business practices including a clear prohibition on corporate political contributions, robust labor relations, human rights commitments, and transparent internal controls. These policies are designed to ensure that the company’s operations do not inadvertently support authoritarian practices.

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DISSENTER

Alamos Gold Inc. is currently rated as a Dissenter.

+25 to +44 CCI Score
These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

  • Adoption of Code of Business Conduct and Ethics Logo
    JUL
    31
    2024

    Alamos Gold Inc. published its comprehensive Code of Business Conduct and Ethics, which outlines rigorous standards for ethical business practices including a clear prohibition on corporate political contributions, robust labor relations, human rights commitments, and transparent internal controls. These policies are designed to ensure that the company’s operations do not inadvertently support authoritarian practices.

  • +90

    Public and Political Behavior

    March 20

    The Code expressly prohibits the use of company funds for political contributions and provides strict guidelines for political activities, ensuring that the company does not use its influence to support or enable authoritarian policies. This proactive stance reflects a strong commitment to democratic accountability and ethical public engagement.

    Code of Business Conduct and Ethics

  • +95

    Business Practices and Ethical Responsibility

    March 20

    The Code demonstrates a comprehensive commitment to ethical business practices. It sets high standards for labor relations, human rights, anti-discrimination, environmental sustainability, and overall corporate transparency. These robust internal policies help ensure that the company upholds social responsibility and protects against practices that could be exploited to support authoritarian agendas.

    Code of Business Conduct and Ethics

  • Alamos Gold Inc Lobbying Activity by President & CEO Logo
    OCT
    01
    2023

    The lobbying record of John McCluskey, President & CEO, as recorded on Lobby Canada's official register highlights the company's involvement in political lobbying. Although his lobbying activities constitute less than 20% of his duties, this engagement exemplifies corporate political influence that can indirectly buttress policies favoring authoritarian practices.

  • -20

    Public and Political Behavior

    March 20

    Alamos Gold Inc.'s record showing that its top executive, John McCluskey, is engaged in official lobbying activities raises concerns from an anti-fascist perspective. Although his involvement is relatively limited in scope (less than 20% of his responsibilities), corporate lobbying remains a tool that can be used to influence policy in favor of corporate and authoritarian interests, potentially undermining democratic accountability.

    Alamos Gold Inc / John McCluskey, President & CEO

  • Alamos Gold Community Engagement and Resettlement Program Logo
    DEC
    31
    2022

    Alamos Gold has taken proactive steps in managing the social impacts of its mining operations by implementing comprehensive community resettlement programs and investing in local infrastructure. These initiatives highlight the company's focus on respecting human rights in local communities, despite some negative externalities such as increased housing demand and traffic.

  • +80

    Labor Relations and Human Rights Practices

    March 20

    The published ESG content details Alamos Gold’s efforts to address community challenges through a resettlement program and community infrastructure investments. This approach, including extensive consultations and adherence to international standards (e.g., IFC Performance Standard 5), demonstrates a commitment to upholding human rights and ethical labor practices. While there are inherent challenges linked to mining operations—such as increased pressure on local housing—these measures suggest that the company is actively working to mitigate negative social impacts and support local communities.

    Communities - Alamos Gold ESG

  • Adoption of Human Rights Policy Logo
    AUG
    01
    2020

    Alamos Gold Inc. has published a comprehensive Human Rights Policy that outlines strong commitments to upholding the human rights of employees, contractors, and affected communities. The policy details measures to ensure non-discrimination, fair labor practices, and ethical standards across its operations and supply chains, supporting the fight against abusive practices that underpin authoritarian regimes.

  • +90

    Labor Relations and Human Rights Practices

    January 1

    The Human Rights Policy issued by Alamos Gold Inc. demonstrates a solid commitment to ethical labor practices and respecting human rights. It includes safeguards against discrimination and abusive practices, as well as expectations for suppliers and contractors to uphold similar standards. While the policy is comprehensive, the limited emphasis on unionization and collective bargaining indicates some room for improvement. Overall, the policy contributes positively by promoting practices that counteract authoritarian tendencies in corporate behavior.

    Human Rights Policy (August 2020)

  • Alamos Gold lobbying on Canada-Turkey trade deal Logo
    OCT
    12
    2012

    A report from The Lobby Monitor detailing Alamos Gold's lobbying efforts on a trade deal between Canada and Turkey, raising concerns about corporate political influence that may indirectly favor authoritarian agendas.

  • -40

    Political Contributions and Lobbying Efforts

    March 20

    The article reports that Alamos Gold engaged in lobbying efforts targeting a Canada-Turkey trade deal. Given Turkey's increasingly authoritarian political landscape, this move can be interpreted as the company using its influence to shape policies in favor of its own interests, potentially at the expense of democratic transparency and public welfare.

    Alamos Gold lobbying on Canada-Turkey trade deal

Industries

213114
Support Activities for Metal Mining
212234
Copper, Nickel, Lead, and Zinc Mining
212221
Gold Ore Mining