Key voting themes over Financial Year 2023 focused on:
- Director elections and re-elections
- Executive remuneration and other remuneration matters
- Shareholder requisitioned resolutions (e.g. regarding climate risk management and human rights)
- Other (i.e. Capital Management, Audit/Financials etc.)
For the 2022-2023 financial year, VFMC voted on 1,230 Australian resolutions and 5,219 international resolutions.
VFMC Australian Proxy Voting Statistics July 2022 – June 2023
The table below provides an overview of voting statistics for the twelve months ended 30 June 2023.
Australia |
---|
Type of resolution | Total | For | Against | Abstain | Take no action |
---|---|---|---|---|---|
Number of meetings | 204 | ||||
Number of resolutions voted on | 1230 | 915 | 165 | 26 | 124 |
Director elections | 537 | 437 | 54 | 6 | 40 |
Remuneration reports / other remuneration matters | 521 | 365 | 81 | 11 | 64 |
Shareholder resolutions | 24 | 3 | 21 | 0 | 0 |
Other | 148 | 110 | 9 | 9 | 20 |