Our approach to disclosure
Standard Life Investments votes its clients' shares at UK and Irish shareholder meetings. On a global basis our clients' other shareholdings are voted at selected meetings. We’ve included information in our UK and Ireland voting records, in the interests of transparency and accountability.
Where we have lent out stock to third parties, we endeavour to recall it for all shareholder meetings at which we vote our clients' shares.
Our voting records show where we decided to vote against or abstain on a particular resolution. Where we haven’t supported a board's recommendations, we’ve included a brief explanation. Disclosures are made monthly, 3 months in arrears. Our latest monthly update covers votes to the end of August 2008.
Publishing our voting records in this way is driven by a desire to be open and accountable to our clients and to raise industry standards.
| Voting in UK and Ireland | Rolling total (since Jan 05) |
|
|---|---|---|
| Shareholder meetings at which our clients' shares were voted | 21 | 2884 |
| Number of resolutions voted | 127 | 22919 |
| Shareholder meetings at which our clients' shares were voted in favour of all resolutions | 21 | 2485 |
| Shareholder meetings at which our clients' shares were voted against one or more resolution | 0 | 141 |
| Shareholder meetings at which our clients' shares abstained on one or more resolution | 0 | 272 |
