CSR voting advice - Discharge of executive board members

VBDO began providing a CSR voting advice in 2005. Members of VBDO may use this voting advice when voting in meetings of shareholders of Dutch companies quoted on the stock exchange.For the year 2007 VBDO extended its CSR voting advice by issuing an advice for the discharge of executive board members. The CSR voting advice for the discharge of executive board members is the subject matter of this report.

The idea behind the ‘the discharge of executive board members’ voting advice is that executive board members of companies who pursue a policy which can be associated directly with abuses in the economic, environmental and/or social fields can not be granted discharge. In other words: executive board members of companies which do not conduct business in a sustainable manner CSR (corporate social responsibility) will be held responsible for this. 

Klik hier voor de Nederlandse versie van het rapport