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Subject:  Power of Proxy Date:  9/7/2011  10:21 PM
Author:  Gordogato Number:  2233 of 2249

The Power of Proxy: How shareholders are using their votes to help companies go green:

In May, Ernst & Young released a study that showed an increase in shareholder resolutions with an environmental and social focus. The report revealed that in 2010, resolutions focusing on social and environmental issues made up the largest slice of all shareholder proposals. In 2005, according to the report, just 2.6% of all shareholder resolutions related to social and environmental issues received support from more than 30% of votes cast (30% is a typical threshold for many boards to take action). In 2010, more than a quarter of all proposals reached the 30% support threshold.
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