Vanguard’s investment stewardship activities are part of our mission to give investors the best chance for investment success.
We publish Investment Stewardship Insights to provide investors, portfolio companies, and other interested parties with timely perspectives on important governance topics and key votes.
We produce Insights articles to provide timely explanations of our perspectives on important governance matters and the rationale behind certain proxy votes or engagements with portfolio companies. Vanguard Investment Stewardship Insights are published throughout the year and are generally posted for 18 months.
Insights
June 21, 2023
This piece provides rationale for how the Vanguard-advised funds voted on contested director elections at AGL.
Insights
June 21, 2023
This piece provides rationale for why the Vanguard-advised funds did not support a DEI-related proposal at UPS.
Insights
June 20, 2023
This piece outlines how the Vanguard Investment Stewardship team, on behalf of Vanguard-advised funds, thinks about the role a board plays in listening to and responding to shareholder perspectives.
Insights
June 09, 2023
This piece provides rationale for why the Vanguard-advised funds did not support a climate-related shareholder proposal at BP.
Insights
June 09, 2023
This piece provides rationale for how the Vanguard-advised funds voted on several proposals at Charter Communications.
Insights
May 23, 2023
This piece provides rationale for how the Vanguard-advised funds voted on contested director elections at two Italian companies.
Insights
May 12, 2023
This piece provides rationale for why the Vanguard-advised funds voted against the discharge of board directors and senior management and did not support the reelection of two directors.
Insights
April 20, 2023
This piece provides rationale for why the Vanguard-advised funds did not support a shareholder proposal requesting a third-party assessment of the company’s commitment to freedom of association and collective bargaining rights.
Insights
January 25, 2023
This piece outlines the funds' consistent approach to evaluating contested director elections with the adoption of the universal proxy card.
Insights
May 17, 2024
This piece provides rationale for how the Vanguard-advised funds voted on the directors’ remuneration policy and a related amendment to the performance share plan.
Insights
May 17, 2024
This piece provides rationale for how the Vanguard-advised funds voted on the 2024 reelection of directors.
Insights
May 15, 2024
This piece provides rationale for how the Vanguard-advised funds voted on the 2024 reelection of directors.
Insights
May 13, 2024
This piece provides rationale for how the Vanguard-advised funds voted on the executive compensation plan at Broadcom.
Insights
May 10, 2024
This piece provides rationale for how the Vanguard-advised funds assessed the Climate Transition Action Plan and Progress Report at Woodside Energy Group.
Insights
May 07, 2024
This piece outlines how Vanguard’s Investment Stewardship team approaches executive pay.
Insights
April 18, 2024
This piece provides rationale for how the Vanguard-advised funds voted on the executive compensation plan at TransDigm.
Insights
April 12, 2024
This piece provides rationale for how the Vanguard-advised funds voted on the director election proposals at Bertrandt.
Insights
April 05, 2024
This piece provides rationale for how the Vanguard-advised funds voted on the executive compensation plan at Raymond James.
Insights
April 03, 2024
This piece provides rationale for how the Vanguard-advised funds voted on contested director elections at The Walt Disney Company.
Insights
March 08, 2024
This piece provides rationale for how the Vanguard-advised funds assessed the adoption of an exclusive forum provision at Duke Energy Corporation.
Insights
February 26, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a management proposal requesting that shareholders approve the company’s climate change report.
Insights
February 26, 2024
This piece provides rationale for how the Vanguard-advised funds voted on the company’s stock option exchange program.
Insights
February 23, 2024
This piece provides rationale for how the Vanguard-advised funds voted on director re-elections following a cyberattack at Medibank.
Insights
December 22, 2023
This piece provides rationale for how the Vanguard-advised funds voted on a merger agreement at Sculptor.
Insights
December 21, 2023
This piece provides rationale for how the Vanguard-advised funds voted on the company remuneration report and the CEO’s retention equity grant.
Insights
December 20, 2023
This piece provides rationale for how the Vanguard-advised funds voted on executive compensation and shareholder rights proposals at W&T Offshore.
Insights
December 15, 2023
This piece provides rationale for how the Vanguard-advised funds voted on a lobbying shareholder proposal at Cenovus Energy.
Insights
December 08, 2023
This piece provides rationale for how the Vanguard-advised funds voted on contested director elections at Masimo.
Insights
December 08, 2023
This piece provides rationale for how the Vanguard-advised funds voted on shareholder proposals related to requests for audits of workplace safety practices.
Insights
November 08, 2023
This piece provides rationale for how the Vanguard-advised funds voted on contested director elections at Atos.
Insights
November 07, 2023
This piece provides rationale for why the Vanguard-advised funds voted against proposals related to a racial equity audit at Home Depot.
Insights
November 06, 2023
This piece provides rationale for why the Vanguard-advised funds supported management proposals at Qantas.
Insights
November 03, 2023
This piece provides rationale for why the Vanguard-advised funds supported an executive pay proposal at TreeHouse Foods.
Insights
November 01, 2023
This piece provides rationale for why the Vanguard-advised funds supported a climate-related shareholder proposal at Coterra.
Insights
September 20, 2023
This piece outlines what the Vanguard-advised funds look for when ESG metrics are included in executive compensation plans.
Insights
July 06, 2023
This piece provides rationale for why the Vanguard-advised funds did not support the reelection of the vice chair of the board of directors.
Insights
December 19, 2024
This piece provides rationale for how the Vanguard-advised funds voted on an executive pay proposal at Beyond, Inc.
Insights
December 16, 2024
This piece provides rationale for how the Vanguard-advised funds voted on an executive pay proposal at Netflix, Inc.
Insights
November 25, 2024
This piece provides rationale for how the Vanguard-advised funds voted on director election proposals at Keros Therapeutics, Inc.
Insights
November 14, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a shareholder proposal to amend articles of incorporation at Mitsubishi UFJ Financial Group, Inc.
Insights
October 22, 2024
This piece provides rationale for how the Vanguard-advised funds voted on an executive pay proposal at Carlyle Group Inc.
Insights
August 29, 2024
This piece outlines how Investment Stewardship considers securities lending in the context of proxy voting for Vanguard-advised funds.
Insights
August 14, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a stock plan proposal at Moelis.
Insights
July 30, 2024
This piece provides rationale for how the Vanguard-advised funds voted on director elections at WELL Health.
Insights
July 29, 2024
This piece provides rationale for how the Vanguard-advised funds voted on director elections at BeautyHealth.
Insights
July 29, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a proposal to discharge directors at Grifols.
Insights
July 26, 2024
This piece provides rationale for how the Vanguard-advised funds voted on two shareholder proposals related to the company’s lobbying activities and political expenditures at Charter Communications.
Insights
July 26, 2024
This piece provides rationale for how the Vanguard-advised funds voted on proposed amendments to company Articles of Association to enable registration as a B Corporation at Assura plc.
Insights
July 24, 2024
This piece provides rationale for how the Vanguard-advised funds voted on shareholder proposals requesting the removal or registration and voting rights restrictions at Baloise.
Insights
July 23, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a proposal to approve the renewal of the company’s takeover defense plan.
Insights
July 12, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a shareholder proposal requesting a report on risks created by DEI efforts at Citigroup Inc.
Insights
July 03, 2024
This piece provides rationale for how the Vanguard-advised funds voted on shareholder proposals requesting disclosure of a board skills and diversity matrix at NextEra Energy, Inc.
Insights
June 24, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a climate-related shareholder proposal at Kinder Morgan.
Insights
June 14, 2024
This piece provides rationale for how the Vanguard-advised funds voted on redomestication and executive pay proposals at Tesla.
Insights
June 12, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a binding management proposal seeking an amendment of the company’s articles of association.
Insights
June 12, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a climate-related shareholder proposal at Enbridge.
Insights
May 31, 2024
This piece provides rationale for how the Vanguard-advised funds voted on director elections at Exxon.
Insights
May 29, 2024
This piece outlines what Vanguard-advised funds look for with respect to governance of material climate risks.
Insights
May 28, 2024
This piece provides rationale for how the Vanguard-advised funds voted on contested director elections at Norfolk Southern.
Insights
May 22, 2024
This piece provides rationale for how the Vanguard-advised funds voted on a shareholder proposal to declassify the board at Meritage Homes.
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