Azionariato Attivo

Engagement Report 2021 is the name of the document which analyses the results achieved through our dialogue with the management and voting at shareholder meetings of companies in which Etica Funds invests. What does engagement mean? It is “the process through which the investor initiates structured dialogue with the management of the subsidiary company (and/or company […]

Etica Sgr’s voting For the following items, Etica Sgr did not vote according to management recommendations: 2. Allocation of profits and losses for the year; inherent and consequent resolutions. Etica Sgr abstained, because the dividend payout ratio was significantly higher than the benchmark threshold considered in relation to the provisions of the Engagement Policy. 4.Authorisation […]

Etica Sgr’s voting For the following items, Etica Sgr did not vote according to management recommendations: 2. Proposal for the allocation of profits and losses for the year. Inherent and consequent resolutions. Etica Sgr abstained. From a long-term perspective, the dividend payout ratio was deemed to be excessive, in relation to the simultaneous share buyback […]

Etica Sgr’s voting On the following points Etica Sgr has expressed a vote not in line with management’s recommendations: 3. Report on the remuneration policy and compensation paid: resolutions relating to the first section– Remuneration policy. Etica Sgr voted against, because not all the requirements in the Engagement Policy have been met. In particular, it […]

Etica Sgr’s voting On the following items, Etica Sgr has made a vote that does not comply with management recommendations: 2.1. Report on remuneration policy and amounts paid: approval of the remuneration policy under Art. 123-ter, paragraph 3-ter, of Law Decree n° 58/1998 Etica Sgr voted against, because not all the requirements in the Engagement […]

The vote of Etica Sgr On the following points Etica Sgr has expressed a vote not in line with management’s recommendations: Report on the remuneration policy and compensation paid – Approval of the first section (remuneration policy) Etica Sgr voted not in favour, because not all the requirements in the Engagement Policy are met. In […]

L’engagement rappresenta un elemento imprescindibile del modo di intendere e praticare gli investimenti responsabili. L’obiettivo di questa attività è condurre le imprese verso comportamenti più sostenibili, portandole ad assumere decisioni che prendono in considerazione anche tematiche sociali, ambientali e di buon governo (ESG) nelle proprie politiche aziendali. Tale scelta può portare benefici anche in termini finanziari sia dal punto […]

In 2014 the season of shareholder engagement promises to be intense for Etica Sgr: in addition to last year issues, such as human rights respect and supply chain, Etica will devote particular attention to environmental issues. We are going to participate to the AGM (Annual General Meeting) of Italian and international companies by focusing on […]