Shareholder Advocacy:
Green Century Equity Fund Proxy Voting Procedures
Introduction
Green Century has established procedures to ensure that its proxy votes
on behalf of the Equity Fund (the Fund) are based on the best available
knowledge and careful consideration of the best interests of the Fund.
Before voting a proxy, Green Century staff conducts a thorough review
of the proxy materials, weighing the views of management and any
opposing views that are presented. The Green Century staff then
recommends a voting position on each issue in the proxy; in making
recommendations, the Green Century staff is guided by the Policies and
Procedures and strives to make each vote in accordance with them,
unless such a vote would not be in the best interests of the Fund. A
Green Century corporate officer reviews all recommendations, makes
final determinations on a Fund's votes, and signs all voted proxy
documents.
Conflict of Interest Policies and Procedures
Where voting on a particular issue on behalf of the Fund may represent
a material conflict between the interests of the Fund and the interests
of Green Century, Green Century will provide full disclosure, prior to
voting the proxy in question, to a committee of the Board, which shall
be comprised solely of independent Trustees. The disclosure will
include an explanation of the issue, the potential conflict involved,
and Green Century's proposed resolution of that conflict. The committee
of the Board has the authority to approve or change Green Century's
proposed vote on the proxy issue in question. In following these
procedures, Green Century's goal is to vote at all times in accordance
with the best interests of the Fund and its shareholders.
Disclosure of Proxy Voting Policies and Procedures
As representatives of the Fund, each member of the Board of Trustees is
entitled to request a copy, without charge, of the Policies and
Procedures from Green Century at any time. Members of the Board of
Trustees may do so by sending a written request to 114 State Street,
Suite 200, Boston, MA 02109; an email request to info@greencentury.com;
or a telephone request by calling 1-800-93-GREEN.
The Fund's shareholders and others may obtain a description of Green
Century's Policies and Procedures without charge through any of the
above-listed methods, as well as access this information at the Green
Century Funds' website, www.greencentury.com. Green Century will mail a
description of the Policies and Procedures via first class mail no
later than three business days following receipt of the request.
Beginning with the Fund's Semi-Annual Report for the period ended
January 31, 2004, all of the Fund's Semi-Annual and Annual Reports have
and will include disclosure notifying shareholders that they may obtain
Green Century's Policies and Procedures through these methods. Also,
the Policies and Procedures have been and will be attached to the
Fund's Statement of Additional Information effective November, 2003 and
thereafter.
Disclosure of Proxy Votes
As representatives of the Fund, each member of the Board of Trustees is
entitled to at any time request a copy, without charge, of a record of
how Green Century voted proxies on behalf of the Fund. Members of the
Board of Trustees may do so by sending a written request to 114 State
Street, Suite 200, Boston, MA 02109; an email request to
info@greencentury.com; or a telephone request by calling 1-800-93-GREEN.
The Fund's shareholders and others may obtain a copy of the Fund's
proxy voting record without charge through any of the above-listed
methods, as well as access this information at the Green Century Funds'
website, www.greencentury.com. Green Century will mail a copy of the
proxy voting record via first class mail no later than three business
days following receipt of the request. Green Century intends to post
the information included in Form N-PX to the Green Century Funds'
website on the same day that it files Form N-PX with the SEC. Beginning
with the Fund's Annual Report for the period ending July 31, 2004, all
Semi-Annual and Annual Reports of the Fund have and will include
disclosure notifying shareholders that they may obtain the Fund's proxy
voting record for the previous year through these methods. Also, the
Fund's Statement of Additional Information effective from and after
November, 2004 have and will include this disclosure.
By each August 31, Green Century will file Form N-PX on the Fund's
behalf, disclosing information relating to any securities for which the
Fund was entitled to vote during the one-year period ended the previous
June 30. The Fund's Form N-PX includes information on the Fund's votes
during the period covered, including the company's name, its ticker
symbol, its CUSIP number, the meeting date, the issue voted on, whether
the issue was proposed by management or a shareholder, whether the Fund
voted, how the Fund voted, and whether the Fund voted with or against
management.
Recordkeeping Procedures
Green Century will keep and maintain the following records regarding
its proxy voting on behalf of the Fund: Green Century's Policies and
Procedures; proxy statements received regarding securities held by the
Fund; records of votes Green Century cast on behalf of the Fund;
records of requests from members of the Board of Trustees (and
shareholders of the Fund) for the Policies and Procedures and/or proxy
voting information and, in the case of requests for the proxy voting
record, records of Green Century's response; and any documents created
by Green Century that were material to making a proxy voting decision,
or that document the basis for the decision. These records are kept in
Green Century's office. Green Century keeps these records in its office
for at least two years after the end of the fiscal year in which the
record was last revised or updated. Green Century has no current plans
to move any of these records from its offices at any time.
October 2006; Effective November 28, 2006
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