Management proposals |
1a
|
Elect Director Wanda M. Austin
|
For
|
For
|
1b
|
Elect Director John B. Frank
|
For
|
For
|
1c
|
Elect Director Alice P. Gast
|
For
|
For
|
1d
|
Elect Director Enrique Hernandez, Jr.
|
For
|
For
|
1e
|
Elect Director Marillyn A. Hewson
|
For
|
For
|
1f
|
Elect Director Jon M. Huntsman, Jr.
|
For
|
For
|
1g
|
Elect Director Charles W. Moorman, IV
|
For
|
For
|
1h
|
Elect Director Dambisa F. Moyo
|
For
|
For
|
1i
|
Elect Director Debra Reed-Klages
|
For
|
For
|
1j
|
Elect Director Ronald D. Sugar
|
For
|
For
|
1k
|
Elect Director D. James Umpleby, III
|
For
|
For
|
1l
|
Elect Director Michael K. Wirth
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
|
2
|
Ratify PricewaterhouseCoopers LLP as Auditors
|
For
|
For
|
3
|
Advisory Vote to Ratify Named Executive Officers' Compensation
|
For
|
For
|
Shareholder proposals |
4
|
Reduce Scope 3 Emissions
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
|
5
|
Report on Impacts of Net Zero 2050 Scenario
|
Against
|
Against
|
6
|
Amend Certificate of Incorporation to Become a Public Benefit Corporation
|
Against
|
Against
|
7
|
Report on Lobbying Payments and Policy
|
Against
|
Against
|
8
|
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
|
9
|
Reduce Ownership Threshold for Shareholders to Call Special Meeting
|
Against
|
Against
|