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Shareholder Resolutions 2024

TopicSubjectResolutionCompanyMeeting
Date
NILGOSC
Vote
Rationale
RemunerationRemuneration – OtherTo request the Board to prepare a report to shareholders on termination payMcKesson Corp21/07/2023ForConcerns held with current remuneration policy/termination provisions.
RemunerationRemuneration – OtherTo request the Board to prepare a report to shareholders on termination payElectronic Arts Inc10/08/2023ForThe adoption of this proposal may lead to a strengthening in shareholders rights, greater alignment between executive compensation and shareholder interest and increased compliance with best practice.
RemunerationRemuneration – OtherTo request the Board adopt a policy regarding shareholder ratification of termination payGen Digital Inc12/09/2023ForThe adoption of this proposal may lead to increased compliance with best practice. Current termination pay provisions are considered excessive.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to take the steps necessary to amend the Bylaws so that a lower threshold is required for shareholders to call a special shareholder meetingGeneral Mills Inc26/09/2023ForThe adoption of this proposal may lead to increased compliance with best practice. The threshold proposed by the board is considered excessive.
SustainabilityHuman Rights & WorkforceTo request the Board to prepare a report to shareholders regarding pay gapOracle Corp15/11/2023ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
BoardBoard CompositionTo request that the Board establish a policy of the Chairman being an independent directorOracle Corp15/11/2023ForProposal aligns with best practice and NILGOSC policy.
SustainabilityEthical Business PracticesTo request that the Board issue a tax transparency reportCisco Systems Inc06/12/2023ForAdoption of this proposal may lead to increased compliance with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board report to shareholders on gender-based compensationMicrosoft Corp07/12/2023AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
SustainabilityHuman Rights & WorkforceTo request the Board report to shareholders on risk from omitting ideology in Equal Employment Opportunities (EEO) PolicyMicrosoft Corp07/12/2023AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
SustainabilityOther ESGTo request the Board report to shareholders on government takedown requestsMicrosoft Corp07/12/2023AgainstCurrent disclosure is considered adequate.
SustainabilityHuman Rights & WorkforceTo request the Board report to shareholders on risks of weapons developmentMicrosoft Corp07/12/2023ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request the Board report to shareholders on climate risks to retirement plan beneficiariesMicrosoft Corp07/12/2023ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEthical Business PracticesTo request the Board report to shareholders on tax transparencyMicrosoft Corp07/12/2023ForAdoption of this proposal may lead to increased compliance with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board report to shareholders on data operations in human rights hotspotsMicrosoft Corp07/12/2023ForIncreased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request a mandate for third party political reportingMicrosoft Corp07/12/2023ForAdoption of this proposal would align with best practices. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board report to shareholders on AI Misinformation and DisinformationMicrosoft Corp07/12/2023ForAdoption of this proposal would align with best practices. Increased transparency is considered to be in shareholders’ best interests.
RemunerationRemuneration – OtherTo request the Board to prepare a report to shareholders on the Ratification of Excessive Termination PayMicron Technology Inc18/01/2024ForConcerns held with current termination provisions. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request the Board to prepare a report to shareholders regarding fiduciary carbon-emissionCostco Wholesale Corp18/01/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
SustainabilityEnvironmental PracticesTo approve a shareholder proposal regarding the exposure to oil and gas divestmentCanadian Imperial Bank of Commerce04/04/2024AgainstCompany’s current policy and processes are considered adequate. Proposal is not aligned with Company’s Net Zero ambition or NILGOSC policy.
Shareholder RightsGeneral Meeting ProceduresTo approve a shareholder proposal regarding holding annual meetings in personCanadian Imperial Bank of Commerce04/04/2024AgainstCompany’s current policy and processes are considered adequate.
SustainabilityEthical Business PracticesTo approve a shareholder proposal regarding disclosure of non-confidential information relating to its country by country reportingCanadian Imperial Bank of Commerce04/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo approve a shareholder proposal regarding an advisory vote on environmental and climate objectivesCanadian Imperial Bank of Commerce04/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
RemunerationRemuneration – OtherTo approve a shareholder proposal regarding the review of executive compensation levels in relation to the entire workforce and public disclosureCanadian Imperial Bank of Commerce04/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request a report on impact of oil and gas divestmentBank of Nova Scotia09/04/2024AgainstCompany’s current policy and processes are considered adequate. Proposal is not aligned with Company’s Net Zero ambition or NILGOSC policy.
SustainabilityEthical Business PracticesTo request that the Board disclose compensation ratios and tax havensBank of Nova Scotia09/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request that the Bank adopt an annual advisory vote on environmental objectivesBank of Nova Scotia09/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request that the Bank disclose its clean energy supply financing ratioRoyal Bank of Canada11/04/2024AgainstCompany’s current disclosures are considered adequate.
SustainabilityEnvironmental PracticesTo request that the Bank report on exposure to oil and gas divestmentRoyal Bank of Canada11/04/2024AgainstCompany’s current policy and processes are considered adequate. Proposal is not aligned with Company’s Net Zero ambition or NILGOSC policy.
RemunerationRemuneration – OtherTo request that the Board review executive compensation levels in relation to the entire workforceRoyal Bank of Canada11/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
Shareholder RightsGeneral Meeting ProceduresTo request that shareholder meetings be held in person with virtual meetings being in addition to rather than replacementRoyal Bank of Canada11/04/2024AgainstCompany’s current policy and processes are considered adequate.
RemunerationRemuneration – OtherTo request that the Bank disclose meaningful and detailed pay ratio calculationsRoyal Bank of Canada11/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request that the Bank report on loans granted in support of a circular economyRoyal Bank of Canada11/04/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request the Bank hold an annual advisory vote on environmental and climate objectivesRoyal Bank of Canada11/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
BoardElection RulesTo request that the Board introduce a resignation policy for the election of directorsAdobe Inc17/04/2024AgainstCompany’s current policy and processes are considered adequate.
SustainabilityHuman Rights & WorkforceTo request the Board to approve a report on hiring persons with arrest or incarceration recordsAdobe Inc17/04/2024AgainstCompany’s current policy and processes are considered adequate.
SustainabilityEthical Business PracticesTo request the Articles of Association be amended regarding sales of healthier and less healthy foodsNestlé SA18/04/2024AgainstCurrent disclosures are considered to be sufficient.
SustainabilityHuman Rights & WorkforceTo request the Board to prepare a report to shareholders on gender based compensation gapsJohnson & Johnson Inc25/04/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityEthical Business PracticesTo request the Board to prepare a report to shareholders on the impact of extended patent exclusivities on patient accessJohnson & Johnson Inc25/04/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal requesting a racial and gender pay gap reportIntuitive Surgical Inc25/04/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on lobbyingInternational Business Machines Corp30/04/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board to prepare a report to shareholders on congruency in China Business Operations and ESG activitiesInternational Business Machines Corp30/04/2024AgainstCompany’s current approach is considered adequate.
Shareholder RightsShareholder RightsTo request the Board to take the steps necessary to amend the Bylaws so that shareholders may act by written consentInternational Business Machines Corp30/04/2024ForProposal aligns with best practice and is considered to be in shareholder’s best interests.
SustainabilityEnvironmental PracticesTo request the Board to prepare a report to shareholders on climate lobbyingInternational Business Machines Corp30/04/2024ForIncreased transparency is considered to be in shareholders’ best interests. Aligns with NILGOSC policy on Climate risk.
SustainabilityEnvironmental PracticesTo request the adoption of Greenhouse Gas Emissions TargetsInternational Business Machines Corp30/04/2024ForIncreased transparency is considered to be in shareholders’ best interests. Aligns with NILGOSC policy on Climate risk.
SustainabilityHuman Rights & WorkforceTo request the Board to report on risks created by the Company’s diversity, equity and inclusion effortsCoca-Cola Co; The01/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityEthical Business PracticesTo request the Board to report on non-sugar sweetenersCoca-Cola Co; The01/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board to report on risks caused by the decline in the quality of accessible medical careCoca-Cola Co; The01/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
RemunerationRemuneration – OtherTo request shareholder ratification of excessive golden parachutesPepsico Inc01/05/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board report to shareholders on gender based compensation gapsPepsico Inc01/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
BoardElection RulesTo request the Board adopt a director election resignation BylawPepsico Inc01/05/2024AgainstCompany’s current policy and processes are considered adequate.
SustainabilityEthical Business PracticesTo request a third party assessment on non-sugar sweetener risksPepsico Inc01/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request the Board report to shareholders on biodiversity and nature lossPepsico Inc01/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request a third party racial equity auditPepsico Inc01/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board report to shareholders on risks created by diversity, equity and inclusion effortsPepsico Inc01/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances over the considerations valued by investors. The previous resolution is considered to better address the issues.
Political ActivityPolitical ActivityTo request a global transparency reportPepsico Inc01/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on the Company’s political donationsChurch & Dwight Co Inc02/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
RemunerationRemuneration – OtherTo request that the Board adopt a policy to seek shareholder approval of senior manager’s new or renewed pay package that provides for golden parachute paymentsIllinois Tool Works Inc03/05/2024ForAdoption of this proposal may lead to increased compliance with best practice and increase shareholders rights.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to amend the governing documents to remove the supermajority voting provisionsAbbvie Inc03/05/2024ForProposal aligns with best practice and NILGOSC policy.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on lobbyingAbbvie Inc03/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEthical Business PracticesTo request the Board to prepare a report to shareholders on patent processAbbvie Inc03/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request that the Board reports to shareholders on reduction of Greenhouse Gas (GHG) emissionsBerkshire Hathaway Inc04/05/2024ForIncreased responsibility of the Company regarding their environmental impact and the associated risks is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request that the Board reports to shareholders on Greenhouse Gas (GHG) emissions data by scopeBerkshire Hathaway Inc04/05/2024ForIncreased responsibility of the Company regarding their environmental impact and the associated risks is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request that the Board reports to shareholders on diversity, equity and inclusion effortsBerkshire Hathaway Inc04/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request that the Board form a railroad safety committee of independent directorsBerkshire Hathaway Inc04/05/2024ForThis proposal is considered to be in shareholders’ best interests as it could help improve standards and protect the company’s reputation on employee welfare.
SustainabilityEthical Business PracticesTo request that the Board reports to shareholders on findings of the energy policy research foundationBerkshire Hathaway Inc04/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances. The proposal is not aligned with Company’s Net Zero ambition or NILGOSC policy.
SustainabilityHuman Rights & WorkforceTo request that the Board reports to shareholders on operations effecting ChinaBerkshire Hathaway Inc04/05/2024AgainstCompany’s current approach is considered adequate.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal regarding a report on the effectiveness of Diversity, Equity and Inclusion (DEI) effortsExpeditors International of Washington Inc07/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo approve a shareholder proposal regarding establishment of near and long term science based greenhouse gas reduction targetsExpeditors International of Washington Inc07/05/2024ForProposal is aligned with best practice and NILGOSC policy on Climate Risk.
BoardBoard CompositionTo request that the Board establish a policy of the Chairman being an independent directorBristol-Myers Squibb Co07/05/2024ForProposal aligns with best practice and NILGOSC policy.
RemunerationRemuneration – OtherTo request that the Board adopt a policy requiring the 5 named executive officers (NEOs) to retain a significant percentage of stock acquired through equity pay programsBristol-Myers Squibb Co07/05/2024AgainstCompany’s current policy aligns with best practice.
BoardElection RulesTo approve the amendment to the Company By-Laws to amend the director resignation bylawPackaging Corp of America08/05/2024AgainstCompany’s current policy and processes are considered adequate.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to take the steps necessary to amend the Bylaws so that shareholders may call a special shareholder meetingAdvanced Micro Devices Inc08/05/2024ForProposal aligns with best practice and is considered to be in shareholder’s best interests.
BoardNomination & SuccessionTo request that the Board include one member from the company’s non-management employeesGilead Sciences Inc08/05/2024AgainstCompany’s current policy and processes are considered adequate, and align with best practice.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal regarding a report on the risks and costs to the company altering the policy in response to state regulating abortionGilead Sciences Inc08/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances over the considerations valued by investors.
RemunerationRemuneration – OtherTo approve a shareholder proposal regarding a policy for the company’s named executive officers to retain at least 25% of net-after tax sharesGilead Sciences Inc08/05/2024AgainstCompany’s current policy and processes are considered adequate.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders to prohibit political contributionsVerizon Communications Inc09/05/2024ForAs a local government pension fund, NILGOSC does not support payments to any politically related entity.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on lobbyingVerizon Communications Inc09/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
RemunerationRemuneration – OtherTo request the Board to amend the clawback policyVerizon Communications Inc09/05/2024ForProposal aligns with best practice and is considered to be in shareholder’s best interests.
BoardBoard CompositionTo request that the Board establish a policy of the Chairman being an independent directorVerizon Communications Inc09/05/2024ForProposal aligns with best practice and NILGOSC policy.
SustainabilityHuman Rights & WorkforceTo request that the Board report on civil liberties in digital servicesVerizon Communications Inc09/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityEnvironmental PracticesTo request that the Board report on lead-sheathed cableVerizon Communications Inc09/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request that the Board report on political expenditures misalignmentVerizon Communications Inc09/05/2024AgainstCompany’s current policy and processes are considered adequate.
SustainabilityHuman Rights & WorkforceTo request that the Board report to shareholders on risks created by the Company’s diversity, equity, and inclusion effortsProgressive Corp10/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to amend the governing documents to remove the supermajority voting provisionsConocoPhillips14/05/2024ForProposal aligns with best practice and NILGOSC policy.
SustainabilityEnvironmental PracticesTo request that the Board Revisit Pay Incentives for Greenhouse Gas (GHG) Emission ReductionsConocoPhillips14/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
BoardDirectors – ElectTo elect as a director, from among the employee shareholders, Isabelle CoronBNP Paribas SA14/05/2024AgainstFollowed Management recommendation for contested election.
BoardDirectors – ElectTo elect as a director, from among the employee shareholders, Thierry SchwobBNP Paribas SA14/05/2024AgainstFollowed Management recommendation for contested election.
BoardDirectors – ElectTo elect as a director, from among the employee shareholders, Frederic MayrandBNP Paribas SA14/05/2024AgainstFollowed Management recommendation for contested election.
SustainabilityEnvironmental PracticesTo request that the Board manage climate risk through science based targets and transition planningCentene Corp14/05/2024ForProposal aligns with NILGOSC policy on Climate risk. Increased responsibility of the Company regarding their environmental impact and the associated risks is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board report to shareholders on Equal Employment Opportunities (EEO) policy riskBlackRock Inc15/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
BoardBoard CompositionTo request that the Board establish a policy of the Chairman being an independent directorBlackRock Inc15/05/2024ForProposal aligns with best practice and NILGOSC policy.
SustainabilityEnvironmental PracticesTo request that the Board report to shareholders on proxy voting record and policies for climate change related proposalsBlackRock Inc15/05/2024ForIncreased responsibility of the Company regarding their environmental impact and the associated risks is considered to be in shareholders’ best interests.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to amend the governing documents to remove the supermajority voting provisionsVerisk Analytics Inc15/05/2024ForProposal aligns with best practice and NILGOSC policy.
SustainabilityEnvironmental PracticesTo request that the Board report on impact of system change scenario on the chemicals businessPhillips 6615/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
BoardBoard CompositionTo request that the Board establish a policy of the Chairman being an independent directorAmerican International Group Inc15/05/2024ForProposal aligns with best practice and NILGOSC policy.
BoardElection RulesTo request that the Board adopt Director Resignation By-LawAmerican International Group Inc15/05/2024AgainstCompany’s current policy and processes are considered adequate.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to take the steps necessary to amend the Bylaws so that shareholders may call a special shareholder meeting at a 10% ownership thresholdCBOE Global Markets Inc16/05/2024ForProposal aligns with best practice and is considered to be in shareholder’s best interests.
SustainabilityEthical Business PracticesTo request that the Board adopt a policy for director transparencyHome Depot Inc; The16/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on the Company’s political donationsHome Depot Inc; The16/05/2024ForAs a local government pension fund, NILGOSC does not support payments to any politically related entity. Increased transparency is considered to be in shareholders’ best interests.
Charitable ActivityCharitable EngagementTo request the Board to prepare a report to shareholders on the Company’s corporate givingHome Depot Inc; The16/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances over the considerations valued by investors. The previous resolution is considered to better address the issues.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal regarding a report on respecting workforce civil libertiesHome Depot Inc; The16/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityEnvironmental PracticesTo approve a shareholder proposal regarding biodiversity impact and dependence assessmentHome Depot Inc; The16/05/2024ForIncreased responsibility of the Company regarding their environmental impact and the associated risks is considered to be in shareholders’ best interests.
RemunerationRemuneration – OtherTo approve a shareholder proposal regarding enhancements to the companies clawback policyHome Depot Inc; The16/05/2024ForAdoption of this proposal may lead to increased compliance with best practice. Concerns held with current Remuneration policy.
BoardBoard CompositionTo amend the Bylaws so as to require that the Chairman of the Board shall be an independent directorO’Reilly Automotive Inc16/05/2024ForProposal aligns with best practice and NILGOSC policy.
Shareholder RightsShareholder RightsTo request the Board to take the steps necessary to amend the Bylaws so that shareholders may act by written consentMarsh & McLennan Companies Inc16/05/2024ForProposal aligns with best practice and is considered to be in shareholder’s best interests.
BoardDirectors – ElectTo elect as a director, from among the employee shareholders, Laurence MetzkeCapgemini SE16/05/2024AgainstFollowed Management recommendation for contested election.
SustainabilityEnvironmental PracticesTo approve a shareholder proposal regarding greenhouse gas emissions reportChubb Ltd16/05/2024ForIncreased responsibility of the Company regarding their environmental impact and the associated risks is considered to be in shareholders’ best interests. Aligns with NILGOSC policy on Climate risk.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal regarding pay gap reportingChubb Ltd16/05/2024ForAdoption of this proposal may lead to increased compliance with best practice. Increased transparency is considered to be in shareholders’ best interests.
BoardBoard CompositionTo approve independent board chairman, if properly presented at the Annual MeetingIntercontinental Exchange Inc17/05/2024ForProposal aligns with best practice and NILGOSC policy.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on the Company’s political donationsCDW Corp21/05/2024ForIncreased transparency is considered to be in shareholders’ best interest.
SustainabilityOther ESGTo request that the Board establish a Public Policy CommitteeAmazon.com Inc22/05/2024ForAdoption of this proposal would encourage focused oversight of ESG factors, and could enhance shareholder’s rights.
SustainabilityOther ESGTo request that the Board establish an additional board Committee to oversee financial impact of policy positionsAmazon.com Inc22/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityHuman Rights & WorkforceTo request that the Board produce a report on customer due diligenceAmazon.com Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on lobbyingAmazon.com Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request that the Board provide additional reporting on racial and gender pay gapAmazon.com Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board to prepare a report on viewpoint restrictionAmazon.com Inc22/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityEnvironmental PracticesTo request that the Board provide additional reporting on stakeholder impactsAmazon.com Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests. Adoption of this proposal could enhance shareholder’s rights.
SustainabilityEnvironmental PracticesTo request the Board to prepare a report on packaging materialsAmazon.com Inc22/05/2024ForIncreased responsibility of the Company regarding their environmental impact and the associated risks is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request that the Board provide additional reporting on freedom of associationAmazon.com Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request that the Board provide alternative emissions reportingAmazon.com Inc22/05/2024ForProposal aligns with NILGOSC policy on Climate risk. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board to prepare a report on customer use of certain technologiesAmazon.com Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on the Company’s political donationsAmazon.com Inc22/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityOther ESGTo request that the Board establish an additional board Committee to oversee artificial intelligenceAmazon.com Inc22/05/2024AgainstCompany’s current policy and processes are considered adequate, and align with best practice.
SustainabilityHuman Rights & WorkforceTo request the Board to prepare a report to shareholders on warehouse working conditionsAmazon.com Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityOther ESGTo adopt the antibiotic policyMcDonald’s Corp22/05/2024ForIncreased responsibility of the Company regarding their impact on consumer’s health and the associated risks is considered to be in shareholders’ best interests.
SustainabilityAnimal WelfareTo switch to cage free hensMcDonald’s Corp22/05/2024ForAdoption of this proposal is considered to be in shareholders’ best interests.
SustainabilityAnimal WelfareTo request poultry welfare disclosureMcDonald’s Corp22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo approve an advisory vote on congruency analysis on human rightsMcDonald’s Corp22/05/2024ForAdoption of this proposal would create consistency in the company’s human rights approach and action.
Charitable ActivityCharitable EngagementTo approve an advisory vote on corporate giving disclosureMcDonald’s Corp22/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
Political ActivityPolitical ActivityTo approve an advisory vote on an annual report on global political influenceMcDonald’s Corp22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo approve an advisory vote on pay equity disclosureDexCom Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on lobbyingDexCom Inc22/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo request a report on the impact of the climate change strategyRepublic Services Inc23/05/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Shareholder RightsShareholder RightsTo request the Board to take the steps necessary to amend the Bylaws so that shareholders may act by written consentMerck & Co Inc28/05/2024ForProposal aligns with best practice and is considered to be in shareholder’s best interests.
SustainabilityEthical Business PracticesTo request the Board report on government censorship transparencyMerck & Co Inc28/05/2024AgainstCompany’s current policy and processes are considered adequate.
SustainabilityHuman Rights & WorkforceTo request the Board report on respecting workforce civil libertiesMerck & Co Inc28/05/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
SustainabilityHuman Rights & WorkforceTo approve a proposal to request a report on AIWarner Bros Discovery Inc03/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to take the steps necessary to amend the Bylaws so that shareholders may call a special shareholder meetingWarner Bros Discovery Inc03/06/2024ForProposal aligns with best practice and is considered to be in shareholder’s best interests.
SustainabilityOther ESGTo request that the Board establish an additional Board Committee to oversee financial impact of policy positionsWarner Bros Discovery Inc03/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
Political ActivityPolitical ActivityTo approve a shareholder proposal requesting a political contributions reportUnitedHealth Group Inc03/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request the Board to prepare a report on child laborGeneral Motors Co04/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
RemunerationRemuneration – OtherTo request the Board eliminate EV targets from incentive programsGeneral Motors Co04/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances. The proposal does not align with NILGOSC policy.
SustainabilityEnvironmental PracticesTo request the Board to prepare a report to shareholders on use of deep-sea mined mineralsGeneral Motors Co04/06/2024ForIncreased transparency is considered to be in shareholders’ best interests and this proposal aligns with NILGOSC policy on Climate risk.
SustainabilityEnvironmental PracticesTo request the Board to prepare a report to shareholders on sustainability risk in the supply chainGeneral Motors Co04/06/2024ForIncreased transparency is considered to be in shareholders’ best interests and this proposal aligns with NILGOSC policy on Climate risk.
SustainabilityAnimal WelfareTo request the publication of targets for the transitioning from gestation crates in pork supplyWalmart Inc05/06/2024ForIncreased consideration by the Company regarding their social responsibility is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request a racial equity auditWalmart Inc05/06/2024ForProposal aligns with best practice. Increased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo approve the human rights impact assessmentWalmart Inc05/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo set compensation that optimises portfolio value for shareholdersWalmart Inc05/06/2024ForConcerns held with current remuneration policy. Adoption of this proposal may lead to greater alignment between executive compensation and shareholder interest.
SustainabilityHuman Rights & WorkforceTo request a report on respecting workforce civil libertiesWalmart Inc05/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityHuman Rights & WorkforceTo request a workplace safety and violence reviewWalmart Inc05/06/2024ForIncreased disclosure on this issue is considered to be in shareholders’ best interests.
SustainabilityOther ESGTo request that the Board establish an additional Board Committee to oversee the financial impact of policy positionsWalmart Inc05/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityHuman Rights & WorkforceTo request the Board to report on Netflix’s use of artificial intelligenceNetflix Inc06/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityOther ESGTo request the Board to create a corporate sustainability committee to oversee and review the impact of the Company’s policy positionsNetflix Inc06/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
BoardElection RulesTo request the Board to adopt a director election resignation bylawNetflix Inc06/06/2024AgainstCompany’s current policy and processes are considered adequate.
SustainabilityHuman Rights & WorkforceTo request the Board to amend its Code of Ethics to expand the topic “Inclusive & Respectful Work Environment”Netflix Inc06/06/2024ForAdoption of this proposal is considered to be in shareholders’ best interests.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to take the steps necessary to amend the Bylaws so that a lower threshold is required for shareholders to call a special shareholder meetingNetflix Inc06/06/2024ForProposal aligns with best practice and is considered to be in shareholder’s best interests.
RemunerationRemuneration – OtherTo approve a shareholder proposal to amend the Bylaw to approve director compensationAlphabet Inc07/06/2024ForAdoption of this proposal would enhance shareholders’ rights. Concerns held with current Remuneration Policy.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal regarding Equal Employment Opportunities (EEO) policy risk reportAlphabet Inc07/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
SustainabilityEnvironmental PracticesTo request a report on electromagnetic radiation and wireless technologies risksAlphabet Inc07/06/2024AgainstCompany’s current policy and processes are considered adequate.
Charitable ActivityCharitable EngagementTo request a policy for director transparency on political and charitable givingAlphabet Inc07/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
SustainabilityEnvironmental PracticesTo request a report on climate risks to retirement plan beneficiariesAlphabet Inc07/06/2024ForProposal aligns with NILGOSC policy on Climate risk. Increased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on lobbyingAlphabet Inc07/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Shareholder RightsShareholder RightsTo approve a shareholder proposal regarding equal shareholder votingAlphabet Inc07/06/2024ForProposal aligns with best practice and NILGOSC policy.
SustainabilityHuman Rights & WorkforceTo request a report on reproductive healthcare misinformation risksAlphabet Inc07/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal regarding AI principles and Board oversightAlphabet Inc07/06/2024ForAdoption of this proposal would demonstrate the company’s commitment to its social responsibilities.
SustainabilityHuman Rights & WorkforceTo request a report on generative AI misinformation and disinformation risksAlphabet Inc07/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo request a human rights assessment of AI-driven targeted ad policiesAlphabet Inc07/06/2024ForAdoption of this proposal would demonstrate the company’s commitment to its social responsibilities.
SustainabilityHuman Rights & WorkforceTo request a report on online safety for childrenAlphabet Inc07/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to amend the governing documents to remove the supermajority voting provisionsRoper Technologies Inc12/06/2024ForProposal aligns with best practice and NILGOSC policy.
BoardElection RulesTo approve the reduction of director terms to one yearTesla Inc13/06/2024ForAdoption of this proposal may lead to increased compliance with best practice. Concerns held with current Governance practices.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to amend the governing documents to remove the supermajority voting provisionsTesla Inc13/06/2024ForProposal aligns with best practice and NILGOSC policy.
SustainabilityHuman Rights & WorkforceTo approve the annual reporting on anti-harrassment and discrimination effortsTesla Inc13/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo adopt the freedom of association and collective bargaining policyTesla Inc13/06/2024ForAdoption of this proposal may lead to increased compliance with best practice and demonstrate the Company’s commitment to the wellbeing of its employees.
SustainabilityEnvironmental PracticesTo request a report on effects and risks associated with electromagnetic radiation and wireless technologiesTesla Inc13/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
RemunerationRemuneration – OtherTo request a report on metrics to assess the feasibility of integrating sustainability metrics into senior executive compensation plansTesla Inc13/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo approve a shareholder resolution regarding committing to a moratorium on sourcing minerals from deep sea miningTesla Inc13/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
Political ActivityPolitical ActivityTo request the Board to prepare a report to shareholders on lobbyingMasterCard Inc18/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
BoardElection RulesTo request director election resignation bylawMasterCard Inc18/06/2024AgainstCompany’s current policy and processes are considered adequate.
SustainabilityHuman Rights & WorkforceTo request a congruency report on privacy and human rightsMasterCard Inc18/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.
SustainabilityHuman Rights & WorkforceTo request a human rights congruency reportMasterCard Inc18/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
SustainabilityHuman Rights & WorkforceTo request a report on gender-based compensation and benefit gapsMasterCard Inc18/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances rather than supporting the diversity, equity and inclusion considerations valued by investors.
BoardDirectors – ElectTo elect as a member of the board, Tomoki MaedaNippon Telegraph & Telephone Corp20/06/2024ForAdoption of this proposal would increase the independence of the Board and thus improve Corporate Governance standards.
Shareholder RightsGeneral Meeting ProceduresTo request the Board to amend the governing documents to remove the supermajority voting provisionsNVIDIA Corp26/06/2024ForProposal aligns with best practice and NILGOSC policy.
SustainabilityEthical Business PracticesTo approve a shareholder proposal regarding a report on public health costs from the sale of tobaccoKroger Co; The27/06/2024ForIncreased responsibility of the Company regarding their social and health impact and the associated risks is considered to be in shareholders’ best interests. Increased transparency is considered to be in shareholders’ best interests.
Charitable ActivityCharitable EngagementTo request the Board to prepare a report to shareholders on the Company’s charitable donationsKroger Co; The27/06/2024ForIncreased transparency is considered to be in shareholders’ best interests.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal regarding a living wage policyKroger Co; The27/06/2024ForAdoption of this proposal is considered to be in shareholders’ best interests.
SustainabilityEnvironmental PracticesTo approve a shareholder proposal regarding a just transition reportKroger Co; The27/06/2024ForIncreased responsibility of the Company regarding their environmental impact and the associated risks is considered to be in shareholders’ best interests.
BoardBoard CompositionTo request that the Board establish a policy of separating the roles of Chairperson and Chief Executive OfficerSalesforce Inc27/06/2024ForProposal aligns with best practice and NILGOSC policy.
RemunerationRemuneration – OtherTo approve a stockholder proposal regarding certain executive severance arrangementsSalesforce Inc27/06/2024ForAdoption of this proposal is considered to be in shareholders’ best interests. Concerns with current remuneration policy.
SustainabilityHuman Rights & WorkforceTo approve a shareholder proposal requesting a report on viewpoint restriction risksSalesforce Inc27/06/2024AgainstProposal is at odds with generally accepted investor principles. The request could be interpreted as favouring political agendas and allegiances.