NZ Super Fund reveals votes
Records of how the NZ Super Fund has voted at listed company AGMs are now available on its website.
Wednesday, March 13th 2019, 11:08AM
Anne-Maree O’Connor, head of responsible investment, said it was a step forward for transparency, and in line with leading investment management practices globally.
Stakeholders can now see NZ Super Fund voting data by country and company, down to individual resolutions.
“The fund’s voting information will be useful for companies, investors and other stakeholders in the listed markets, and making it available on our website is consistent with our organisational commitment to transparency,” O’Connor said.
"Voting is a core part of the NZ Super Fund’s responsible investment approach. Given its importance to shareholder oversight of directors and boards, our aim is for the Fund’s votes to reflect the essential elements of good governance: transparency, board alignment with shareholder interests, long-term strategy, appropriate remuneration, business ethics and shareholder rights.”
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