Recently, these institutional investors – and CII – updated their voting policies (the parens below indicates notable changes):
- CalPERS Proxy Voting Guidelines (abuse of Rule 14a-8 no-action letter process, ‘vote no’ campaigns and board’s AI oversight)
- CalPERS Executive Compensation Analysis Framework (pay and long-term performance aligned and pay programs should be understandable and transparent)
- T. Rowe Price Proxy Voting Guidelines (overboarding, board diversity, board composition)
- T. Rowe Price 2026 Pre-AGM Season Review (first-time report that highlights policy updates and other observations)
- CII’S Corporate Governance Policies (review whether jurisdiction meaningfully weakens shareholder protections and disclose specific standard that was weakened and board’s rationale for its decision)
Authored by
Broc Romanek