Our voting records
Vote Activity Disclosure
We disclose the details of our vote instructions on an individual meeting level basis and a brief rationale is outlined for all votes cast against the recommendations of the issuer’s management and for shareholder proposals.
Voting record 1 January 2022 to 31 December 2022*
The Sustainable Investing Team analysed 4090 company meetings during the reporting period. The tables below show a geographic breakdown of votes by region for the reporting period and an overview of how Fidelity voted on all ESG topics. Fidelity voted in support of management on all resolutions at 50.7% of the meetings that were analysed. Fidelity voted against management on one or more of the resolutions submitted at 43.8% of the meetings analysed. Fidelity did not vote its holdings at a further 3.5% of the meetings, the majority of these because they were meetings of Fidelity’s own funds.
| Region | Votes With Management | Votes Against Management* | Took no action** | Blocked | Abstain* | Grand Total |
|---|---|---|---|---|---|---|
| Americas | 278 | 684 | 19 | 1 | 11 | 993 |
| Asia | 922 | 427 | 2 | 0 | 4 | 1355 |
| Europe | 230 | 365 | 118 | 28 | 3 | 744 |
| Japan | 211 | 142 | 0 | 0 | 0 | 353 |
| MEA | 26 | 37 | 0 | 0 | 4 | 67 |
| Oceania | 133 | 58 | 0 | 0 | 16 | 207 |
| UK | 272 | 79 | 6 | 0 | 14 | 371 |
| TOTAL | 2072 | 1792 | 145 | 29 | 52 | 4090 |
* Includes all meetings where Fidelity abstained or voted against management in respect of one or more resolutions.
** Includes a small number of meetings where Fidelity’s votes were rejected.
Voting record 1 January 2023 to 30 September 2023
The Sustainable Investing Team analysed 3165 company meetings during the reporting period. The tables below show a geographic breakdown of votes by region for the reporting period and an overview of how Fidelity voted on all ESG topics. Fidelity voted in support of management on all resolutions at 46.9%of the meetings that were analysed. Fidelity voted against management on one or more of the resolutions submitted at 49.1% of the meetings analysed. Fidelity did not vote its holdings at a further 1.9% of the meetings, the majority of these because they were meetings of Fidelity’s own funds.
|
Region |
Votes With Management |
Votes Against Management* |
Took no action** |
Blocked |
Abstain* |
Grand Total |
|---|---|---|---|---|---|---|
|
Americas |
225 |
620 |
5 |
1 |
9 |
860 |
|
Asia |
593 |
388 |
0 |
0 |
3 |
984 |
|
Europe |
153 |
346 |
49 |
29 |
5 |
582 |
|
Japan |
215 |
95 |
0 |
0 |
0 |
310 |
|
MEA |
25 |
42 |
1 |
0 |
3 |
71 |
|
Oceania |
37 |
12 |
1 |
0 |
8 |
58 |
|
UK |
235 |
52 |
5 |
2 |
6 |
300 |
|
TOTAL |
1483 |
1555 |
61 |
32 |
34 |
3165 |
Source under the table:
* Includes all meetings where Fidelity abstained or voted against management in respect of one or more resolutions.
** Includes a small number of meetings where Fidelity’s votes were rejected.
Summary of votes cast
This chart shows a summary of votes cast by Fidelity between 1 January 2023 to 30 September 2023.
Summary of meetings by region
This chart shows a summary of votes cast by Fidelity between 1 January 2023 to 30 September 2023.
Any questions?
If you have any questions relating to the voting information set out on this page, please email ESGTeam@fil.com.
