| Management proposals |
|
1a
|
Elect Director Linda B. Bammann
|
For
|
For
|
|
1b
|
Elect Director Stephen B. Burke
|
For
|
For
|
|
1c
|
Elect Director Todd A. Combs
|
For
|
For
|
|
1d
|
Elect Director James S. Crown
|
For
|
For
|
|
1e
|
Elect Director James Dimon
Vote rationale:
The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The roles of chairperson and CEO should not be held by the same individual. Where a company founder combines both roles, we may support this for a limited period, provided the board has put in place measures to mitigate any conflicts of interest.
Global Voting Guidelines
Separation of chairperson and CEO
|
For
|
Against
|
|
1f
|
Elect Director Timothy P. Flynn
|
For
|
For
|
|
1g
|
Elect Director Mellody Hobson
|
For
|
For
|
|
1h
|
Elect Director Michael A. Neal
|
For
|
For
|
|
1i
|
Elect Director Phebe N. Novakovic
|
For
|
For
|
|
1j
|
Elect Director Virginia M. Rometty
|
For
|
For
|
|
2
|
Advisory Vote to Ratify Named Executive Officers' Compensation
|
For
|
For
|
|
3
|
Ratify PricewaterhouseCoopers LLP as Auditors
|
For
|
For
|
| Shareholder proposals |
|
4
|
Adopt Fossil Fuel Financing Policy Consistent with IEA's Net Zero 2050 Scenario
|
Against
|
Against
|
|
5
|
Reduce Ownership Threshold for Shareholders to Call Special Meeting
|
Against
|
Against
|
|
6
|
Require Independent Board Chair
Vote rationale:
The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The roles of chairperson and CEO should not be held by the same individual. Where a company founder combines both roles, we may support this for a limited period, provided the board has put in place measures to mitigate any conflicts of interest.
Global Voting Guidelines
Separation of chairperson and CEO
|
Against
|
For
|
|
7
|
Disclose Director Skills and Qualifications Including Ideological Perspectives
|
Against
|
Against
|
|
8
|
Amend Certificate of Incorporation to Become a Public Benefit Corporation
|
Against
|
Against
|
|
9
|
Report on Absolute Targets for Financed GHG Emissions in Line with Net Zero Commitments
|
Against
|
Against
|