Green Century Proxy Voting Policies and Record

Publicly traded companies are required to hold meetings once a year; shareholders can speak with company management at the annual meetings. At these meetings, shareholders are asked to vote on certain key items that require shareholder approval, such as the election of directors to a company’s board or the ratification of the appointment of a company’s auditor. These votes are known as proxy votes because most shareholders do not attend the meetings in person. Therefore, shareholders vote by proxy.

Shareholders are also allowed to propose items for a proxy vote. These items are known as shareholder resolutions. Shareholder resolutions can play an important role in highlighting social and environmental issues and encouraging positive corporate action. Green Century files shareholder resolutions to ask companies to implement specific policies and actions.

Green Century Capital Management believes that proxy voting is an important duty of all mutual funds and investment managers because it provides them with an opportunity to comment on the performance of a company on financial as well as environmental and social issues, and to support company policies that are in the interests of their investors. We are pleased that mutual funds are now required by the Securities and Exchange Commission to disclose information on their proxy voting. Now investors can decide for themselves if their mutual fund managers are adequately representing their interests.

The link to the right provides information about the Green Century Proxy Voting Policies and Procedures. These policies and procedures are used to guide the Funds’ votes on all the issues that come before the companies in which the Funds invest. Additional links provide information on each of the Funds’ specific proxy votes for the most recent one-year period ended June 30th.