Management proposals |
1a
|
Elect Director Gerard J. Arpey
|
For
|
For
|
1b
|
Elect Director Ari Bousbib
|
For
|
For
|
1c
|
Elect Director Jeffery H. Boyd
|
For
|
For
|
1d
|
Elect Director Gregory D. Brenneman
|
For
|
For
|
1e
|
Elect Director J. Frank Brown
|
For
|
For
|
1f
|
Elect Director Edward P. Decker
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
|
1g
|
Elect Director Wayne M. Hewett
|
For
|
For
|
1h
|
Elect Director Manuel Kadre
|
For
|
For
|
1i
|
Elect Director Stephanie C. Linnartz
|
For
|
For
|
1j
|
Elect Director Paula A. Santilli
|
For
|
For
|
1k
|
Elect Director Caryn Seidman-Becker
|
For
|
For
|
1l
|
Elect Director Asha Sharma
|
For
|
For
|
2
|
Ratify KPMG LLP as Auditors
|
For
|
For
|
3
|
Advisory Vote to Ratify Named Executive Officers' Compensation
|
For
|
For
|
Shareholder proposals |
4
|
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
|
5
|
Disclose a Biodiversity Impact and Dependency Assessment
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
|
6
|
Report on Efforts to Reduce Plastic Use
Vote rationale:
We will not support a shareholder proposal that appears to be overly prescriptive in regard to the company’s strategy and/or operations, or that sets unrealistic timeframes, targets or methods for implementation.
Global Voting Guidelines
Shareholder proposals on sustainability
|
Against
|
Against
|