Location: Sayles 253
Time: 3:15 pm
Present Robert Harris, David Alberg, Anil Methipara, Fred Rogers, David Coleman, Melissa Thomas, Vicky WU, Doug Marshall
Secretary: Jenna Greene
Shareholder Resolution Service
- Last year, we used SI2 service but we had trouble with timing because they did not have resolutions over winter break, so we had very few resolutions available.
- New service had nicer interface, SI2 was supposed to be easier to use, more diversity in resolutions we would see. That did not occur last year.
- We will switch back to the old service (EthVest), which has more resolutions and they come in sooner
Proxy Voting
- Function of Proxy Voting for Resolutions: Some pre-approval categories
- Justification for voting against management recommendation to the Investment Committee: As an investor, why would we do this?
Debrief of meeting with Investment Committee
- Reading of report
- Questions from Investment committee involved investment engagement, ESG principles, why divestment?
- They will get back to us before the end of the term about their decision
- ESG is either a fiduciary financial decision or it is a way of identifying good, well-behaving companies (guiding your investment choices)