Responsible investment involves the exercise of
shareholder voting rights. In fact, electing the
Directors, modifying the capital structure or
approving the dividend are among the most
important shareholder rights and duties.
Moreover, the voting rights have an economic
value, as the shareholder meeting's decisions
may influence the market value of a company.
Thus, voting is protecting one’s capital. To
this effect, Ethos offers a comprehensive
service of proxy voting analyses with voting
recommendations as well as administrative
support to exercise voting
Ethos provides analyses of all items of
shareholder meeting agendas of the largest
Swiss listed companies. Investors can
subscribe to the following proxy analyses
100 largest Swiss listed companies
Companies of the SMI Expanded:
approx. 50 largest Swiss listed companies
Companies of the SLI:
approx. 30 largest Swiss listed companies
Companies of the SMI: 20 largest Swiss listed companies
Ethos’ reports include a detailed
analysis of each item on the agenda and
voting recommendations based on Ethos'
Corporate Governance Principles and Proxy
Voting Guidelines. Also, the analyses
include general information on each company,
in particular its Board of Directors and
Executive remuneration. The analyses are sent to
clients by e-mail, generally at least twelve days prior to the General
Meetings. A comprehensive quarterly report provides
a summary of all items voted.
If you wish to receive a customised offer
for the service of shareholder meeting
analyses or need more information on this
topic, do not hesitate to contact us.
Ethos offers different packages of shareholder meeting analyses for non Swiss companies (Europe,
North America, Asia/Pacific). Please contact us for an offer tailored to your particular requirements.
The voting recommendations are based on Ethos' voting guidelines. The underlying research is made by the following partners:
Europe: The local partners of the network Expert Corporate Governance Service (ECGS) of which Ethos is the Swiss member
North America: Groupe Investissement Responsable (GIR), Montreal
Asia/Pacific: Sustainable Investment Research Consultant (SIRIS), Melbourne
Administrative Support for Proxy Voting
For institutional investors who have subscribed
to the proxy analyses service, Ethos can also
provide administrative support for the exercise of shareholder voting rights. This
service allows institutional investors to
delegate to Ethos the tasks related to to the
execution of the vote at the shareholder
If you wish to receive more
information on this service, please contact us.
Private investors with holdings in the largest Swiss
listed companies may delegate their voting
rights to Ethos. Their voting rights will be
exercised according to Ethos' voting
recommendations. We would be
grateful for you to proceed as follows:
On the registration form, tick the box
"I appoint as proxy the following shareholder"
Fill in the proxy's name: «Ethos Foundation,
Place Cornavin 2, 1211 Geneva 1»
Mark on the form that the admission
card shall be sent to the proxy.
Sign the form and send it back to
the company's shareholder registry
with the envelope enclosed with the
invitation. Ethos will then receive from
the company the admission card to the shareholder meeting.
If the registration form for the General Meeting does
not include the option to delegate proxy rights, an
admission card has to be requested. Proxy can then be
issued on the admission card (see point 2 above).
The signed admission card should then be sent
directly to Ethos.
Ethos publishes its voting recommendations
for the shareholder meetings of Swiss companies
two days prior to the shareholder meeting on its web