Icade | Say on Climate and Biodiversity at Icade

Status
99.31% votes in favour
AGM date
Previous AGM date
Proposal number
15
Resolution details
Company ticker
ICAD
Submitted by
-
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
ESG sub-theme
  • Biodiversity / nature
  • Climate change
Type of vote
Other management proposal or proxy item
Filer type
Management
Company sector
Real Estate
Company HQ country
France
Resolved clause
Your Board of Directors is submitting for shareholder approval Resolution 16 on the Company’s goals with respect to climate transition and biodiversity preservation as set out in the Climate & Biodiversity reports issued by the Board of Directors and the CSR chapter of the universal registration document.
Supporting statement
It should be noted that the Board of Directors is only seeking an advisory opinion as the subject of the resolution falls under the Board’s purview. As such, it will not be binding either on the shareholders (who are not asked to take responsibility for approving or disapproving the Company’s environmental strategy as it is the responsibility of the Board of Directors and senior management) or on the Company (whose intention is, in any event, to implement an ambitious environmental strategy in each of its business lines). The Board of Directors naturally hopes that this strategic direction, which commits the Company to a course of action, will be supported and shared by the Company’s shareholders. It should be further noted that, should the resolution not be approved, the Company will solicit feedback from the shareholders to examine the reasons, if any, that led them not to support this resolution and will inform them of the outcome of this process and the measures being considered to take them into account.

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