One of the most effective mechanisms we have to engage with public companies is voting our proxies. As owners in public companies, we have the right to vote on proposals brought before shareholders at annual and special meetings. Proxy voting allows us to engage with all public companies in our portfolio on matters concerning their long-term financial performance.
Our Proxy Voting Principles and Guidelines set out how the CPP Investment Board is likely to vote on issues put to shareholders and communicates our views on other important issues that boards deal with in the normal course of business.
These are guidelines, not rigid rules, and we will respond to specific issues on a company-by-company basis. We would be pleased to hear from a company or director and have set up a special e-mail address, proxyvote@cppib.ca for this purpose.
All individual votes are posted on our website following company meetings. Click here to view proxies voted. |