Elevance Health Inc. | Require Trade Associations to Disclose Political Contributions
Status
AGM passed
AGM date
Previous AGM date
How other organisations have declared their voting intentions
Organisation name | Declared voting intentions | Rationale |
---|---|---|
Anima Sgr | Against | As it should be the ultimate decision of the Board to oversee and manage any potential risks related to the company’s third-party memberships. It is unclear what control the company has over the disclosure practices of its political partnerships. If a third-party association refused to provide the information requested in the proposal, such a policy may require the company to cut off its membership with relevant organizations. Management and the board should have the discretion to decide on the company’s trade association memberships and their related risks. The company would have no guarantee that the organization is providing accurate data, which could create further risks. Interested shareholders may wish to engage the company about its own direct and indirect lobbying disclosures, but it should be the ultimate decision of the board to justify and decide on the company's third-party affiliation, having regard to the best interests of the company and its shareholders in the knowledge of all facts available regarding the activities of the industry associations and benefits to the company. |
DISCLAIMER: By including a shareholder resolution or management proposal in this database, neither the PRI nor the sponsor of the resolution or proposal is seeking authority to act as proxy for any shareholder; shareholders should vote their proxies in accordance with their own policies and requirements.
Any voting recommendations set forth in the descriptions of the resolutions and management proposals included in this database are made by the sponsors of those resolutions and proposals, and do not represent the views of the PRI.
Information on the shareholder resolutions, management proposals and votes in this database have been obtained from sources that are believed to be reliable, but the PRI does not represent that it is accurate, complete, or up-to-date, including information relating to resolutions and management proposals, other signatories’ vote pre-declarations (including voting rationales), or the current status of a resolution or proposal. You should consult companies’ proxy statements for complete information on all matters to be voted on at a meeting.