Engagement

For the third year, on July 13, 2012 Etica Sgr voted at each item on the agenda in Dell shareholders’ meeting. It voted in favor of the election of seven directors (out of twelve) and against the other five directors because of the lack of an effective independence. Instead Etica Sgr abstained about the ratification […]

Etica SGR has voted to Kraft shareholders meeting, the May 23, 2012. With the advisory of After the American socially responsible investors (all of them are ICCR members), Etica SGR voted against the election of two directors (because of the coincidence of the Chairman and Chief Executive Officer role and of a lack of independence […]

On May 16, 2012, in Rome, Etica Sgr has participated for the first time to Terna shareholders meeting. Etica Sgr voted in favor of all points in agenda, abstaining from voting on the Policy on management remunerations and voting against the distribution of net profit. Etica abstained from voting the management remunerations policy 2011 because […]

On May 4, 2012, in Fabriano, Etica Sgr has participated for the eighth consecutive year to the Indesit shareholders meeting. Etica Sgr voted in favour of all agenda items, abstaining from voting on remuneration policy of 2011, as it believes that there should be more detailed variable compensation indicators and wondering the introduction of new […]

On April 27, 2012, in Milan, Etica Sgr has participated for the first time to Yoox shareholders meeting, voting for all agenda items, with the exception of “proposal for the capital increase” and “the allocation of Stock Grant and stock option”, for which it decided to abstain. Etica Sgr invited the manager to start to […]

Etica Sgr, for the second time, attended and voted to Prysmian Shareholders meeting held in Milan on April 18, 2012. Etica has voted for all agenda items and intervened with management to complimenting the good level of the Group’s reporting activities, wishing for a gradual achievement of a greater range of social indicators that will […]

On April 13, 2012 Etica Sgr has participated for the second time to Piaggio shareholders meeting, held in Milan. It was voted in favor of all agenda items, although Etica Sgr wanted to emphasize a lack of transparency concerning the mechanisms underlying the stock option plans and the lack of remuneration linked to socio-environmental objectives. Etica has also intervened complimenting the good level of social and environmental reporting achieved by the company, urging the management to go in a progressive manner toward a wider coverage of the indicators of the GRI (Global Reporting Initiative), for the Italian plants as well as […]

On September 26, 2011 Etica Sgr voted to the shareholders meeting of General Mills, with a positive vote about the election of directors, given the right mix of skills, certain number of women and of independent advisors. Instead, Etica Sgr voted against the stock options plan, since it considers the mechanisms not detailed enough and […]

On July 15, 2011 Etica Sgr voted at each item on the agenda in shareholders’ meeting with a positive vote about directors election because of the presence of independent directors and a mix of background skills. It abstained about the appointment of the Independent Auditor, since Dell wants to reconfirm for 2012 financial year PricewaterhouseCoopers, […]

On May 3, 2011 Etica Sgr voted at each item on the agenda in shareholders’ meeting with a positive vote and it expressed appreciation for the brilliant results obtained in 2012, for the big effort to unify the Sustainability Report, and for important attention that management always dedicates to Etica Sgr instances. Etica Sgr asked […]