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General Meetings of Shareholders and First Meeting

According Ernst & Young, CSR is being increasingly discussed at meetings of shareholders U.S. firms.
of such proposals always have been tied to social issues, but in recent years have increased the weight of environmental aspects.
According to the advisory firm dedicated to meetings, Institutional Shareholder Services, 83% of investors believe that social and environmental factors can have an impact on the value of long-term action.
In 2000 the motions related to aspects of CSR were 150. In 2010, 191, obtaining an average of 18.4% support from other participants in the meeting, which is double the average support receiving such resolutions in 2000.
Increased support for these initiatives makes the boards show their interest in these issues, especially if they exceed certain thresholds of support. For example, the advice taken into consideration when the proposals were backed by at least 30% of the shareholders.
In 2005 only 2.6% of shareholder proposals that dealt with social and environmental aspects were these levels of support. However, during the past year the percentage rose to 26.8%.