"The subject of environmental impacts is at the heart of sustainable performance, sustainable value sharing and sustainable society"
Muriel Pénicaud - Minister of Labor, France
"Employee commitment is a key element of the company's long-term performance"
Agnès Pannier-Runacher - State Secretary to the Minister of Economy and Finance, France
"This year, we attended a “grand cru“ of general meetings, marking a qualitative leap forward, both in terms of content and in terms of themes presented"
Nicole Notat - Jury Co-President and Vigeo Eiris President, France
Disseminate and reward the best practices of listed companies in terms of General Meetings and governance
To reward the best General Meetings, the Jury makes a series of recommandations each year. The evaluation of the Shareholders’ Meetings is based on the analysis of a development grid composed of 90 criteria based on the quality of the notice of meeting and the report, the quality and relevance of the information presented in the Shareholders’ Meeting in terms of strategy, perspectives, business lines, results, corporate social responsibility, governance, remuneration and risk management, the quality of the organization and the quality of the relationship with shareholders.
The evaluation grids are completed by teams composed of IRC analysts, in partnership with students from ESSEC Business School and the Sorbonne.
5 prizes are awarded during the Ceremony : the CAC 40 General Meeting Award, the SBF 80 Trophy, the Governance Trophy, the Global Performance Trophy and the Jury's Special Award.
The General Meeting Awards concerns all CAC 40 General Meetings (with the exception of General Meetings that do not take place in France) and 20 SBF 80 companies, selected on the basis of 5 criteria:
I. Daily average of the amounts traded the previous year
II. Amount of market capitalization
III. Number participants at the previous year’s General Meeting
IV. Presence of a shareholder holding more than 30% of the capital
V. Proportion of free-float in the market capitalization
The 14th edition of the General Meeting Award took place on Thursday, July 10th 2019 at Pavillon Gabriel, as part of the International Financial Forum of Paris Europlace.
The 2019 Laureates are:
- CAC 40 General Meeting Award: Air Liquide and Legrand
- SBF 80 Trophy : Edenred
- Governance Trophy : Capgemini
- Global Performance Trophy : BNP Paribas
- Jury’s Special Award : Collective of investors formed by Baillie Gifford, Comgest, Edmond de Rothschild, Fidelity International, Guardcap, Phitrust and Sycomore