Governance

Recommendations are designed to prioritize shareholder returns and implement market-standard governance practices. This policy emphasizes standard governance practices for both management and shareholder proposals. Shareholder proposals regarding environmental and social issues will generally be opposed.
Draft
 
2026

Policy overview

Published 
November 15, 2025
Understand the categories and tests applied according to the policy
Final
 
2025

Policy overview

Published 
August 8, 2025
Understand the categories and tests applied according to the policy
Final
 
2025

Policy changes

Published 
March 14, 2025
Compare differences in policies from year to year