Perspectives and commentary
Vanguard publishes Voting Insights to disclose the rationale for how Vanguard funds voted on key votes at specific companies.
Vanguard's rationale for a recent vote on a diversity, equity, and inclusion-related proposal at Amazon.
This piece provides the rationale for a recent vote on a human rights shareholder proposal at American Tower.
Vanguard's rationale for a vote on diversity, equity, and inclusion disclosures at PayPal.
Vanguard's rationale for recent votes on lobbying, climate, and diversity and inclusion disclosures at UPS.
This piece provides the rationale for recent votes on director reelections at Toshiba.
This piece provides the rationale for a vote on a racial equity audit proposal at Wells Fargo.
This piece provides rationale for a recent vote on a proposal requesting Sempra publish a report on how its lobbying activities align with the goals of the Paris Agreement.
This piece provides rationale for recent votes on proposals that focused on emissions reductions and lobbying activities at Phillips 66.
This piece provides the rationale for recent votes on executive remuneration and director elections at Boohoo.
This piece provides rationale for recent votes on climate-related proposals at Royal Dutch Shell.
Vanguard's rationale for a recent climate-related vote at Union Pacific.
This piece provides rationale for a recent vote on a greenhouse gas emissions reduction proposal at ConocoPhillips.
This piece provides rationale for recent votes on independent chair and political contributions proposals at Duke Energy.
This piece provides our rationale on recent votes on independent chair and lobbying disclosure proposals at Dominion.
This piece provides rationale for a recent vote on a climate-related shareholder proposal at BP Plc.
Vanguard's perspectives on climate risk governance through Say on Climate proposals.
Voting Insights: A proxy contest and shareholder proposals related to material risk oversight at ExxonMobil
This piece provides rationale for our votes on a proxy contest and shareholder proposals related to material risk oversight at Exxon.
This piece provides the rationale for recent votes on several shareholder proposals at Charter Communications.
Vanguard's rationale for a recent vote on diversity, equity, and inclusion disclosures at American Express.
We discuss how and why Vanguard funds voted on key climate proposals during the proxy season.
This proxy voting rationale highlights a recent vote to support an independent chairman proposal at Boeing.
Vanguard publishes Investment Stewardship Insights to promote good corporate governance practices and to provide public companies with timely perspectives on important governance topics and key votes.
Vanguard's approach to evaluating DEI-related shareholder proposals, including requests for third-party audits.
Key considerations for shareholder proposal analysis.
Our perspectives on boardroom diversity continue to evolve as we encourage boards to make progress on this front.
Our views on diversity extend beyond the boardroom to leadership teams and workforces.
We share our expectations that companies and their boards will effectively oversee, mitigate, and disclose material climate-related risks.
We provide an overview of how Vanguard addresses climate risk as an investor, an investment provider, and a company.
As a fiduciary for more than 30 million Vanguard investors, we assess the implications of climate risk for long-term investors.
In this Insights, Vanguard emphasizes a long-term outlook on executive compensation during times of crisis.
This report, which marks a shift in our 12-month reporting period, outlines our global investment stewardship efforts for the year ended December 31, 2020.
This report outlines our global investment stewardship efforts for the 12 months ended June 30, 2020 and provides greater disclosure of our proxy voting and engagement activities.
This midyear update provides details on Investment Stewardship's voting and engagement activities for the six months ended December 31, 2019.
This report outlines our global voting, engagement, and advocacy efforts for the 12 months ended June 30, 2019.
In this midyear update, Vanguard's Investment Stewardship team shares examples of the dialogues it has had with hundreds of company leaders and directors.
This brief focuses on our advocacy and engagement with companies based in Europe for the 12 months ended 30 June 2019, including our proxy votes. It also includes commentary on governance matters in Europe, including a spotlight executive remuneration.
This report outlines our philosophy on corporate governance and describes our advocacy and engagement activities in the U.S. and abroad for the 12-month period ended June 30, 2018. The report also includes insights into our voting record during the last proxy year.
This brief focuses on our advocacy and engagement with companies based in Europe for the 12 months ended 30 June 2018, including our proxy votes.
This annual report on our investment stewardship activities covers the 12-month period ended June 30, 2017. The report describes our engagements with corporate leaders and our advocacy for governance practices that support the best economic interests of long-term investors.
Why we urge boards to seek greater diversity across a wide range of personal characteristics.
In this commentary, we discuss Vanguard's approach to investment stewardship, our role as a provider of both index and actively managed funds, and our definition of sustainable investing.
During the last proxy season, Vanguard's Investment Stewardship team voted at more than 18,000 company meetings. Here is a quick guide on how to set up an engagement with our team.
Our general proxy voting policy that applies to all European-domiciled companies, followed by country specific policies for the UK, Ireland, the Crown Dependencies (Jersey, Guernsey and the Isle of Man) and Germany.
Vanguard has decided to grant proxy voting responsibilities to external portfolio managers for the portions of their funds that they manage.
In his letter to the largest companies in which Vanguard funds invest, Chairman Bill McNabb conveys our perspectives and expectations regarding board composition, risk management and shareholder engagement.