| Management proposals |
|
2a
|
Elect Ian Macfarlane as Director
|
For
|
For
|
|
2b
|
Elect Larry Archibald as Director
|
For
|
For
|
|
2c
|
Elect Swee Chen Goh as Director
|
For
|
For
|
|
3
|
Approve Remuneration Report
Vote rationale:
The board is responsible for attracting the right CEO and setting appropriate remuneration. A substantial proportion of annual remuneration should be provided as shares that are locked in for five to ten years, regardless of resignation or retirement. The board should provide transparency on total remuneration to avoid unacceptable outcomes. The board should ensure that all benefits have a clear business rationale. Pensionable income should constitute a minor part of total remuneration.
Global Voting Guidelines
CEO remuneration
|
For
|
Against
|
| Shareholder proposals |
|
4a
|
Approve the Amendments to the Company's Constitution
|
Against
|
Against
|
|
4b
|
Approve Paris Goals and Targets
|
Against
|
Against
|
|
4c
|
Approve Climate Related Lobbying
Vote rationale:
The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products. Sustainability disclosures should be aligned with applicable global reporting standards and frameworks to support investors in their analysis of risks and opportunities. Where a company’s disclosure does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal calling for reasonable disclosure. We will not support a shareholder proposal that appears to impose a strategy or prescribe detailed methods, unrealistic timeframes or targets for implementation.
Global Voting Guidelines
Corporate sustainability reporting
|
Against
|
For
|
|
4d
|
Approve Reputation Advertising Activities
|
Against
|
Against
|