AFL-CIO Releases 2010 ‘Key Votes’

The AFL-CIO has released its key votes list for the 2010 proxy season – naming proposals at 27 companies. The key vote survey rates the voting practices of investment managers by surveying how they voted on certain proposals identified by the AFL-CIO as representing a worker-owner view of value, which emphasizes management accountability and good corporate governance.

The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) is a voluntary federation of 56 national and international labor unions which was formed in 1955 following the merger of the AFL and CIO. The Key Votes survey is a central plank of the AFL-CIO’s “Capital Stewardship Program” whcih is run on behalf of its members representing $4 trillion in assets, and union-sponsored Taft-Hartley plans which represent approximately $450 billion in assets.


Links

AFL-CIO Proxy Voting Guidelines >>

2010 AFL-CIO Key Votes Scorecard >>

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