Frontis Governance

Italy's first proxy advisor

independent, local, expert

Frontis Governance

Frontis Governance is Italy's leading proxy advisor, founded in 2011 by its current controlling shareholder Sergio Carbonara, who has over 20 years' experience in the proxy business. It offers institutional investors the most accurate governance analyses and full support in their dialogue with investee companies and in exercising their voting rights at shareholders' meetings. It operates in international markets through a network of partnerships and acts as a point of reference for minority investors in transparent and fair dealings with issuers.

Services

Exercise of voting rights

Frontis Governance offers a customised and highly efficient solution to the new challenges posed by the continuous regulatory evolution, which requires institutional investors to participate more and more actively in the governance of investee companies.

ESG Analysis & Engagement

Frontis Governance supports institutional investors in a constructive dialogue with investee companies to promote sustainable long-term value creation. It provides services throughout the engagement cycle:

Commitment policies

Frontis Governance offers specialised support to investors in defining their own Engagement and Voting Policies, adapted to the specific characteristics and needs of each investor. The main objective is to optimise the management of non-financial risks and facilitate an effective dialogue with invested companies. The main activities offered include:

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Regulatory Compliance

Frontis Governance, also thanks to a network of national and international partnerships, supports institutional investors in complying with the regulatory requirements of the Shareholders' Rights Directive (SRD II). This process includes:

News

Follow the latest updates of Frontis Governance

ESG Strategy vs. ESG Pay: Analysis on the alignment of top management remuneration with ESG strategies

The university start-up ERMES Srl of Sapienza

Press release - Clarification of press reports on 'Frontis recommendations

With reference to media reports

The new 'Ethos European Network' renews and strengthens the partnership of independent proxy advisors

The European network of independent proxy advisors,

Ethos and its European partners strengthen their collaboration within the 'Ethos European Network'.

Published by Ethos on 30 January 2023

Frontis Governance Principles and Voting Policies for 2022 published

The 2022 update of the guidelines of

Frontis Governance Principles and Voting Policies for 2021 published

The 2021 update of the guidelines of

New Frontis Governance Guidelines and First 'Compliance Exercise' with Shareholder Rights Directive II

Frontis Governance has updated its principles

Frontis Governance Principles and Voting Policies for 2019 published

The 2019 update of the

Shareholder engagement and value co-creation: companies that constantly dialogue with their shareholders also have the best results (in the shareholders' meeting)

It was published in the journal Sinergie -

Shareholder engagement and value co-creation: a constant dialogue with shareholders is the foundation for a shared governance

The article 'Shareholder engagement and co-creation. An

Partners

The main partners of Frontis Governance are currently:

Corporance Asesores de Voto SL: a Spanish company controlled by founder and General Manager Juan Melchor Prieto Sanchez, focuses its activities in Spain and Portugal.

Ethos Services SA: a Swiss company owned 70% by the Ethos Foundation and the remainder by Swiss social security institutions. The Ethos Foundation is wholly owned by 232 public and Swiss pension funds. Ethos is responsible for analyses in Switzerland, France and in non European markets.

Deutsche Schutzvereinigung für Wertpapierbesitz e.V. (DSW): a non-profit association founded in 1947 that provides education and support services to German investors in exercising their rights related investments. Currently, about 30,000 private investors are members of DSW, which is responsible for analysis in Germany and Austria.

In addition to its network of international partnerships, Frontis Governance offers some ESG analysis services and support for engagement activities in partnership with ERMES Srl - Società Benefit, startup University of Sapienza - University of Rome, which operates in the field of management and governance consulting and offers a service, third and independent, involving different professionals, which supports the fund structure throughout the entire process of active shareholding.

Frontis Governance is a member of the Sustainable Finance Forum, a non-profit association founded in 2001 with the aim of encouraging the inclusion of environmental, social and governance (ESG) criteria in financial products and processes. The membership base is multi-stakeholder: financial operators and other organisations interested in the environmental and social impact of investments are members.