Apple Inc.
Ticker: AAPL
Meeting date: 04/03/2022
Meeting type: Annual
Proposal | Mgt rec | Vote | |
---|---|---|---|
Management proposals | |||
1a | Proposal Elect Director James Bell | Mgt rec For | Vote For |
1b | Proposal Elect Director Tim Cook | Mgt rec For | Vote For |
1c | Proposal Elect Director Al Gore | Mgt rec For | Vote For |
1d | Proposal Elect Director Alex Gorsky | Mgt rec For | Vote For |
1e | Proposal Elect Director Andrea Jung | Mgt rec For | Vote For |
1f | Proposal Elect Director Art Levinson | Mgt rec For | Vote For |
1g | Proposal Elect Director Monica Lozano | Mgt rec For | Vote For |
1h | Proposal Elect Director Ron Sugar | Mgt rec For | Vote For |
1i | Proposal Elect Director Sue Wagner | Mgt rec For | Vote For |
2 | Proposal Ratify Ernst & Young LLP as Auditors | Mgt rec For | Vote For |
3 | Proposal Advisory Vote to Ratify Named Executive Officers' Compensation 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 | Mgt rec For | Vote Against |
4 | Proposal Approve Omnibus Stock Plan | Mgt rec For | Vote For |
Shareholder proposals | |||
5 | Proposal Amend Articles of Incorporation to become a Social Purpose Corporation | Mgt rec Against | Vote Against |
6 | Proposal Approve Revision of Transparency Reports 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 | Mgt rec Against | Vote For |
7 | Proposal Report on Forced Labor 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 | Mgt rec Against | Vote For |
8 | Proposal Report on Median Gender/Racial Pay Gap | Mgt rec Against | Vote Against |
9 | Proposal Report on Civil Rights Audit 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 | Mgt rec Against | Vote For |
10 | Proposal Report on Concealment Clauses 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 | Mgt rec Against | Vote For |
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