Advancing priorities through proxy voting and engagement
MassPRIM believes that engaging portfolio companies on material issues, including through proxy voting, is a key lever to position them for long-term returns and MassPRIM’s custom proxy voting guidelines identify our expectations of long-term behaviors, including on environmental, social and governance issues that affect corporate risk, return, and cost. These include:
- Promoting boards that reflect the diversity of communities in which companies operate
- Advancing an orderly climate transition
- Promoting risk management to assess dependencies and impacts on biodiversity
- Supporting shareholders’ ability to have say on CEO pay
- Advancing healthy workforces through equal employment opportunities, protecting workers’ rights and pay equity
- Fostering improved decision making through enhanced transparency
- Promoting accountability by requesting greater political giving disclosures
- Increase access to reproductive health care and parental leave
The MassPRIM Board is responsible for approving all of MassPRIM’s proxy voting guidelines and policies.
Between July 1, 2022, and June 30, 2023, MassPRIM voted 12,367 proxy ballots, including 93,525 proposals, aligned with our custom proxy guidelines.
