Ethos wins ICGN award

The Ethos Foundation, a member of the European Corporate Governance Service, is the 2009 recipient of the International Corporate Governance Network (ICGN) Award. The award is considered the highest distinction in the field of corporate governance and is given annually for exceptional achievement in that connection. For the Awards Committee, Ethos has helped bring about significant improvements in corporate governance and has had a major positive impact in its region.

Ethos says the award confirms that the vision initially set out in its Charter has proven to be right. Socially responsible investment requires management based on sustainable development and good governance criteria, the systematic exercise of the shareholders' voting rights and engagement in constructive dialogue with companies. Over the years, Ethos has increasingly focused on the dialogue between shareholders and company management. The results achieved by the Ethos Engagement Pool, the programme of dialogue with Swiss firms that today encompasses 29 pension funds, are a good illustration.

The Award was established in 2001. It has since been bestowed on individuals and institutions that have demonstrated exceptional achievement in the field of corporate governance and contributed to significant improvements in one or more jurisdictions.

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