Invitae Corporation | Director elections at Invitae Corporation

Status
Voted
AGM date
Previous AGM date
Proposal number
1
Resolution details
Company ticker
NVTA
Submitted by
-
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Governance
ESG sub-theme
  • Shareholder rights
Type of vote
Director vote
Filer type
Management
Company sector
Health Care
Company HQ country
United States
Whereas clause
The director nominees up for election at the 2023 AGM are as following:

1) Geoffrey S. Crouse
(i) Compensation Committee (Chair)
(ii) Audit Committee

2) Christine M. Gorjanc
(i) Audit Committee (Chair)
(ii) Compensation Committee

3) Kenneth D. Knight
Supporting statement
Last year, shareholders voted 56.26% in favour of a proposal titled 'Annual board election'. PRI research finds that as of 01 March 2023 there is no evidence that the company has been responsive to shareholder views on this matter.

The 2022 proxy season had one of the highest records for majority-supported environmental, social, and governance (ESG) shareholder proposals in recent years, according to PWC. But as the 2023 proxy season commences, companies are acting on – and implementing – less than two out of every five of those shareholder proposals, according to their proponents. In approximately a quarter of cases, the investor proponent believes the proposal will not be addressed at all.

Access the research here: www.unpri.org/active-ownership-20/are-corporate-boards-responding-to-successful-shareholder-esg-proposals/11160.article

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