Royal Bank of Canada
Ticker: RY
Møtedato: 11.04.2024
Møtetype: Annual
| Forslag | Ledelsens anbefalning | Stemme | |
|---|---|---|---|
| Management proposals | |||
| 1.1 | Forslag Elect Director Mirko Bibic | Ledelsens anbefalning For | Stemme For |
| 1.2 | Forslag Elect Director Andrew A. Chisholm | Ledelsens anbefalning For | Stemme For |
| 1.3 | Forslag Elect Director Jacynthe Cote | Ledelsens anbefalning For | Stemme For |
| 1.4 | Forslag Elect Director Toos N. Daruvala | Ledelsens anbefalning For | Stemme For |
| 1.5 | Forslag Elect Director Cynthia Devine | Ledelsens anbefalning For | Stemme For |
| 1.6 | Forslag Elect Director Roberta L. Jamieson | Ledelsens anbefalning For | Stemme For |
| 1.7 | Forslag Elect Director David McKay | Ledelsens anbefalning For | Stemme For |
| 1.8 | Forslag Elect Director Amanda Norton | Ledelsens anbefalning For | Stemme For |
| 1.9 | Forslag Elect Director Barry Perry | Ledelsens anbefalning For | Stemme For |
| 1.10 | Forslag Elect Director Maryann Turcke | Ledelsens anbefalning For | Stemme For |
| 1.11 | Forslag Elect Director Thierry Vandal | Ledelsens anbefalning For | Stemme For |
| 1.12 | Forslag Elect Director Frank Vettese | Ledelsens anbefalning For | Stemme For |
| 1.13 | Forslag Elect Director Jeffery Yabuki | Ledelsens anbefalning For | Stemme For |
| 2 | Forslag Ratify PricewaterhouseCoopers LLP as Auditors | Ledelsens anbefalning For | Stemme For |
| 3 | Forslag Advisory Vote on Executive Compensation Approach | Ledelsens anbefalning For | Stemme For |
| Shareholder proposals | |||
| 1 | Forslag SP 1: Disclose Clean Energy to Fossil Fuel Financing Ratios 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 Aksjonærforslag om bærekraft | Ledelsens anbefalning Against | Stemme Against |
| 2 | Forslag SP 2: Report on Impact of Oil and Gas Divestment 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 Aksjonærforslag om bærekraft | Ledelsens anbefalning Against | Stemme Against |
| 3 | Forslag SP 3: Disclose the CEO Compensation to Median Worker Pay Ratio on an Annual Basis | Ledelsens anbefalning Against | Stemme Against |
| 4 | Forslag SP 4: Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements | Ledelsens anbefalning Against | Stemme Against |
| 5 | Forslag SP 5: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting | Ledelsens anbefalning Against | Stemme Against |
| 6 | Forslag SP 6: Report on Loans Made by the Bank in Support of the Circular Economy Vote rationale: We will not support a shareholder proposal that does not address a material sustainability risk or salient issue for the sector. Global Voting Guidelines Aksjonærforslag om bærekraft | Ledelsens anbefalning Against | Stemme Against |
| 7 | Forslag SP 7: Advisory Vote on Environmental Policies 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 Aksjonærforslag om bærekraft | Ledelsens anbefalning Against | Stemme Against |
Disclaimer
This page contains certain information as to the voting intentions of Norges Bank in its role as manager of the Government Pension Fund Global. This disclosure is provided to promote transparency as to Norges Bank’s engagement with investee companies, and in view of its approach to responsible investing. Norges Bank’s voting intention is an internal decision and has not been agreed with any third party. Please note the following:
- This disclosure is provided for information purposes only. It does not constitute advice and should not be taken as a recommendation or an instruction on any matter, including whether any relevant third party should buy, sell or retain shares, or how any third party should exercise any voting rights they may have. Any person who wishes to obtain advice should seek this from a professional adviser. This disclosure is not a proxy solicitation and is not intended to influence the vote of other shareholders.
- No reliance should be placed on this information or its accuracy, and Norges Bank accepts no responsibility or liability for any action taken or not taken on the basis of this information. Any relevant third party should form their own views based on their own analysis of the relevant facts and circumstances.
- To be clear, Norges Bank has no duty of care in respect of any third party who decides to view this disclosure, which shall be done entirely at their own risk.
- Any information in this disclosure is subject to change without notice. In particular, be aware that Norges Bank’s intentions and the holdings of the Government Pension Fund Global may change over time and, to the extent permitted by applicable law, Norges Bank disclaims any responsibility to update this information as a result of such changes or for any other reason.
- Securities lending or other activity may mean that the votes cast by Norges Bank are significantly different than its economic or published holding of shares, or significantly different from its holding at the date of this disclosure. No assumption should be made or reliance placed on the number of votes that will be cast.
- Norges Bank is not subject to any prohibition on securities lending, trading or other activity as a result of this disclosure at any point prior to or after the publication of this disclosure.