Sustainability through virtual general meetings: Benefits for the environment, society and corporate governance
Introduction
Virtual general meetings are a modern way to fulfill the company's legal obligations while supporting its ESG (Environmental, Social, Governance) goals. In this article, we show how digital GMs can have a positive impact on the environment, society and corporate governance.
Table of contents
- Environmental: Reduction of the CO2 footprint
- Social: Inclusion and accessibility
- Governance: strengthening corporate governance
- Conclusion: Virtual GMs as a sustainable solution
Environmental: Reduction of the CO2 footprint
Virtual general meetings actively contribute to protecting the environment, in particular by avoiding travel. Shareholders and board members can participate from the comfort of their own location, eliminating CO2 emissions caused by air, car or train travel. This is particularly relevant for companies with an international shareholder structure.
Another advantage is the elimination of paper documents. Invitations, reports and voting instructions are sent electronically via digital platforms, which not only saves resources but also minimizes the ecological footprint. This digitalization helps to significantly reduce the environmental impact.
Social: Inclusion and accessibility
Virtual general meetings promote the participation of all shareholders, regardless of geographical or physical limitations. Technical adaptations such as subtitles, read-aloud functions or image magnification make it much easier for people with visual or hearing impairments to participate.
These inclusive measures strengthen the shareholder community and ensure equal opportunities. Virtual AGMs thus create a fairer basis for the participation of all stakeholders and contribute to the social responsibility of a company.
Governance: strengthening corporate management
Digital general meetings offer clear advantages for corporate governance. The lower participation hurdles lead to a higher participation rate, which means that decisions are more broadly supported.
Digital platforms also offer transparency: all relevant information is available centrally and voting results are automatically recorded, evaluated and displayed to all participants by independent systems. This increases trust in the decision-making process and improves corporate governance in the long term.
Conclusion: Virtual GMs as a sustainable solution
Virtual general meetings are an efficient, modern solution for achieving ESG goals. They reduce CO2 emissions, promote inclusion and transparency and strengthen corporate governance. Companies that rely on digital meetings demonstrate a sense of responsibility towards the environment, society and governance.
Konsento's software makes the planning, implementation and follow-up of virtual general meetings efficient and resource-saving. Thanks to the cooperation with Furrer Events, your company will be professionally and sustainably staged.
Book a non-binding consultation nowto discover the opportunities for your next general meeting. Together we can strengthen your ESG strategy and save valuable resources at the same time.
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