Home › Asset managers › Vanguard › 2024-2025 › Against the board
At least 6,065 proposals in the 2024-2025 proxy season: Vanguard voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 65 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Vanguard voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
6,065 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Vanguard voted | Funds |
|---|---|---|---|---|---|---|---|
| IWATANI CORP. | June 18, 2025 | Elect Director Majima, Hiroshi | Director Elections | Board | AGAINST | 5 | |
| JA SOLAR TECHNOLOGY CO. LTD. | December 30, 2024 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JA SOLAR TECHNOLOGY CO. LTD. | April 16, 2025 | Approve Downward Adjustment on Conversion Price of Convertible Bonds | Capital Structure | Board | AGAINST | 5 | |
| JAPAN PETROLEUM EXPLORATION CO. LTD. | June 25, 2025 | Appoint Statutory Auditor Asai, Masaru | Compensation | Board | AGAINST | 5 | |
| JAPAN PETROLEUM EXPLORATION CO. LTD. | June 25, 2025 | Appoint Statutory Auditor Takahata, Shinichi | Compensation | Board | AGAINST | 5 | |
| JAPAN STEEL WORKS LTD. | June 23, 2025 | Appoint Statutory Auditor Shibata, Motoyuki | Compensation | Board | AGAINST | 5 | |
| JASMINE INTERNATIONAL PUBLIC COMPANY LTD. | April 29, 2025 | Elect Veerayooth Bodharamik as Director | Director Elections | Board | AGAINST | 5 | |
| JASMINE TECHNOLOGY SOLUTION PUBLIC COMPANY LTD. | December 20, 2024 | Approve Issuance and Offering of Debentures | Capital Structure | Board | AGAINST | 5 | |
| JASTRZEBSKA SPOLKA WEGLOWA SA | July 23, 2024 | Amend Remuneration Policy | Compensation | Board | AGAINST | 5 | |
| JCET GROUP CO. LTD. | May 15, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JCHX MINING MANAGEMENT CO. LTD. | December 26, 2024 | Approve External Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JCHX MINING MANAGEMENT CO. LTD. | February 7, 2025 | Approve Remuneration and Assessment Management Measures for Directors, Supervisors and Senior Management Members | Compensation | Board | AGAINST | 5 | |
| JENTECH PRECISION INDUSTRIAL CO. LTD. | May 29, 2025 | Elect CHUNG-HSIN CHAO with SHAREHOLDER NO.4 as Non-independent Director | Director Elections | Board | AGAINST | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | Approve Remuneration of Company's Management | Compensation | Board | AGAINST | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | As an Ordinary Shareholder, Would You Like to Request a Separate Election of a Member of the Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law? | Director Elections | Board | ABSTAIN | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Adilson Augusto Martins Junior as Director | Director Elections | Board | ABSTAIN | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Alberto Fernandes as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Jose Auriemo Neto as Director | Director Elections | Board | ABSTAIN | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Osvaldo Roberto Nieto as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Pablo Roman Di Si as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Richard Rainer as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| JHSF PARTICIPACOES SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Thiago Alonso de Oliveira as Director | Director Elections | Board | ABSTAIN | 5 | |
| JIANGSU AZURE CORP. | April 2, 2025 | Approve Bill Pool Business | Capital Structure | Board | AGAINST | 5 | |
| JIANGSU AZURE CORP. | April 2, 2025 | Approve External Guarantees | Capital Structure | Board | AGAINST | 5 | |
| JIANGSU DINGSHENG NEW MATERIAL JOINT-STOCK CO. LTD. | May 20, 2025 | Approve Financing Business Authorization | Capital Structure | Board | AGAINST | 5 | |
| JIANGSU GENERAL SCIENCE TECHNOLOGY CO. LTD. | May 20, 2025 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 5 | |
| JIANGSU GENERAL SCIENCE TECHNOLOGY CO. LTD. | May 20, 2025 | Approve Remuneration of Supervisors | Compensation | Board | AGAINST | 5 | |
| JIANGSU JIEJIE MICROELECTRONICS CO. LTD. | May 7, 2025 | Approve Credit Line Application and Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JIANGSU LOPAL TECH. CO. LTD. | April 17, 2025 | Approve Application for Comprehensive Credit Facilities and Guarantee Limits | Capital Structure | Board | AGAINST | 5 | |
| JIANGSU NATA OPTO-ELECTRONIC MATERIAL CO. LTD. | April 24, 2025 | Approve Application of Credit Lines and Provision of Guarantees | Capital Structure | Board | AGAINST | 5 | |
| JIANGSU PACIFIC QUARTZ CO. LTD. | May 16, 2025 | Approve 2024 and 2025 Remuneration of Directors | Compensation | Board | AGAINST | 5 | |
| JIANGSU PACIFIC QUARTZ CO. LTD. | May 16, 2025 | Approve 2024 and 2025 Remuneration of Senior Management Members | Compensation | Board | AGAINST | 5 | |
| JIANGSU PACIFIC QUARTZ CO. LTD. | May 16, 2025 | Approve 2024 and 2025 Remuneration of Supervisors | Compensation | Board | AGAINST | 5 | |
| JIANGSU ZHANGJIAGANG RURAL COMMERCIAL BANK CO. LTD. | April 29, 2025 | Elect Shang Peng as Director | Director Elections | Board | AGAINST | 5 | |
| JIANGSU ZHONGTIAN TECHNOLOGY CO. LTD. | November 6, 2024 | Approve Adjustment of the Amount of Guarantees Provided to Subsidiaries | Capital Structure | Board | AGAINST | 5 | |
| JIANGSU ZHONGTIAN TECHNOLOGY CO. LTD. | June 11, 2025 | Approve Estimated Amount of External Guarantees | Capital Structure | Board | AGAINST | 5 | |
| JIANGSU ZIJIN RURAL COMMERCIAL BANK CO. LTD. | May 20, 2025 | Amend Remuneration Management System of Directors | Compensation | Board | AGAINST | 5 | |
| JIANGSU ZIJIN RURAL COMMERCIAL BANK CO. LTD. | May 20, 2025 | Approve Issuance of Capital Bonds | Capital Structure | Board | AGAINST | 5 | |
| JINAN SHENGQUAN GROUP SHARE HOLDING CO. LTD. | April 21, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JINJIAN CEREALS INDUSTRY CO. LTD. | April 21, 2025 | Approve Bank Credit and Loan Scale | Capital Structure | Board | AGAINST | 5 | |
| JINJIAN CEREALS INDUSTRY CO. LTD. | April 21, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JINKO POWER TECHNOLOGY CO. LTD. | September 18, 2024 | Approve Adjustment of Guarantee Plan | Capital Structure | Board | AGAINST | 5 | |
| JINKO POWER TECHNOLOGY CO. LTD. | January 23, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JINKO POWER TECHNOLOGY CO. LTD. | March 21, 2025 | Approve Provision of Equity Pledge Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JINKO SOLAR CO. LTD. | September 18, 2024 | Approve New Estimated Amount of Guarantees | Capital Structure | Board | AGAINST | 5 | |
| JINKO SOLAR CO. LTD. | December 27, 2024 | Approve Credit Line and Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JINKO SOLAR CO. LTD. | May 21, 2025 | Approve Remuneration of Directors and Supervisors | Compensation | Board | AGAINST | 5 | |
| JINKOSOLAR HOLDING CO. LTD. | December 27, 2024 | That Mr. Steven Markscheid be re-elected as an independent director of the Company. | Director Elections | Board | AGAINST | 5 | |
| JINKOSOLAR HOLDING CO. LTD. | December 27, 2024 | That Mr. Xianhua Li be re-elected as a director of the Company. | Director Elections | Board | AGAINST | 5 | |
| JINKOSOLAR HOLDING CO. LTD. | December 27, 2024 | That the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2024 be ratified. | Audit-related | Board | AGAINST | 5 | |
| JINKOSOLAR HOLDING CO. LTD. | December 27, 2024 | That the directors of the Company be authorized to determine the remuneration of the Company's auditors. | Audit-related | Board | AGAINST | 5 | |
| JINYU BIO-TECHNOLOGY CO. LTD. | May 28, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JK PAPER LTD. | September 3, 2024 | Approve Reappointment and Remuneration of A.S. Mehta as President and Director | Compensation | Board | AGAINST | 5 | |
| JK TYRE & INDUSTRIES LTD. | January 7, 2025 | Approve Reappointment and Remuneration of Arun K. Bajoria as Whole-time Director with the designation 'Director & President-International' | Compensation | Board | AGAINST | 5 | |
| JL MAG RARE-EARTH CO. LTD. | May 28, 2025 | Approve Application to Banks for Integrated Credit Facilities by the Company and Its Subsidiaries and the Related Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JL MAG RARE-EARTH CO. LTD. | May 28, 2025 | Approve Grant of General Mandate to Apply for Issuance of Domestic and Overseas Debt Financing Instruments | Capital Structure | Board | AGAINST | 5 | |
| JM FINANCIAL LTD. | November 28, 2024 | Approve Appointment and Remuneration of Vishal Kampani as Managing Director | Compensation | Board | AGAINST | 5 | |
| JM FINANCIAL LTD. | November 28, 2024 | Approve Reappointment and Remuneration of Adi Patel as Managing Director | Compensation | Board | AGAINST | 5 | |
| JOINCARE PHARMACEUTICAL GROUP INDUSTRY CO. LTD. | November 25, 2024 | Approve Financial Guarantee and Provision of Counter Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JOINCARE PHARMACEUTICAL GROUP INDUSTRY CO. LTD. | June 6, 2025 | Approve Credit Financing and Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JOLYWOOD (SUZHOU) SUNWATT CO. LTD. | May 16, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JONJEE HI-TECH INDUSTRIAL & COMMERCIAL HOLDING CO. LTD. | May 7, 2025 | Approve Participation in the Establishment of Investment Funds and Related Party Transaction | Extraordinary Transactions | Board | AGAINST | 5 | |
| JOULWATT TECHNOLOGY CO. LTD. | May 15, 2025 | Approve Credit Line and Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| JOULWATT TECHNOLOGY CO. LTD. | May 15, 2025 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 5 | |
| JOULWATT TECHNOLOGY CO. LTD. | May 15, 2025 | Approve Remuneration of Supervisors | Compensation | Board | AGAINST | 5 | |
| JS GLOBAL LIFESTYLE COMPANY LTD. | May 22, 2025 | Elect Wang Xuning as Director | Director Elections | Board | AGAINST | 5 | |
| JSE LTD. | May 14, 2025 | Approve Financial Assistance in Terms of Sections 44 and 45 of the Companies Act | Capital Structure | Board | AGAINST | 5 | |
| JUBILANT FOODWORKS LTD. | August 29, 2024 | Approve Payment of Commission to Non-Executive Directors | Compensation | Board | AGAINST | 5 | |
| JUBILANT INGREVIA LTD. | August 30, 2024 | Reelect Priyavrat Bhartia as Director | Director Elections | Board | AGAINST | 5 | |
| JUBILANT PHARMOVA LTD. | August 23, 2024 | Amend Jubilant Pharmova Employees Stock Option Plan 2018 and Adopt Amended and Restated Employee Stock Option Plan 2018 | Compensation | Board | AGAINST | 5 | |
| JUBILANT PHARMOVA LTD. | August 23, 2024 | Approve Grant of Employee Stock Options and/or Restricted Stock Units to the Employees of the Subsidiary Companies of the Company under the Amended and Restated Jubilant Pharmova Employees Stock Option Plan 2018 | Compensation | Board | AGAINST | 5 | |
| JUBILANT PHARMOVA LTD. | August 30, 2024 | Reelect Arvind Chokhany as Director | Director Elections | Board | AGAINST | 5 | |
| JUPITER WAGONS LTD. | September 12, 2024 | Reelect Vikash Lohia as Director | Director Elections | Board | AGAINST | 5 | |
| K&O ENERGY GROUP INC. | March 26, 2025 | Appoint Statutory Auditor Uchida, Haruki | Compensation | Board | AGAINST | 5 | |
| K.P.R. MILL LTD. | April 21, 2025 | Approve Reappointment and Remuneration of KPD Sigamani as Managing Director | Compensation | Board | AGAINST | 5 | |
| K.P.R. MILL LTD. | April 21, 2025 | Approve Reappointment and Remuneration of P. Nataraj as Managing Director | Compensation | Board | AGAINST | 5 | |
| KAIMEI ELECTRONIC CORP. | May 23, 2025 | Elect YU CHANG, LIN, with ID NO.G120064XXX, as Independent Director | Director Elections | Board | AGAINST | 5 | |
| KAJARIA CERAMICS LTD. | September 6, 2024 | Approve Continuation to Hold Office or Place of Profit in the Company by Kartik Kajaria, Head (Adhesive Division) | Compensation | Board | AGAINST | 5 | |
| KALPATARU PROJECTS INTERNATIONAL LTD. | July 15, 2024 | Approve Pledging of Assets for Debt | Capital Structure | Board | AGAINST | 5 | |
| KALPATARU PROJECTS INTERNATIONAL LTD. | March 25, 2025 | Approve Reappointment and Remuneration of Manish Mohnot as Managing Director & CEO | Compensation | Board | AGAINST | 5 | |
| KAMEI CORP. | June 27, 2025 | Elect Director Kamei, Akio | Director Elections | Board | AGAINST | 5 | |
| KANADEVIA CORP. | June 24, 2025 | Appoint Statutory Auditor Okura, Yuichi | Compensation | Board | AGAINST | 5 | |
| KANADEVIA CORP. | June 24, 2025 | Appoint Statutory Auditor Yasuda, Toshihiko | Compensation | Board | AGAINST | 5 | |
| KANAGAWA CHUO KOTSU CO. LTD. | June 27, 2025 | Approve Director Retirement Bonus | Compensation | Board | AGAINST | 5 | |
| KANSAI NEROLAC PAINTS LTD. | September 26, 2024 | Elect Hirokazu Kotera as Director and Approve Appointment and Remuneration of Hirokazu Kotera as Whole-Time Director designated as the Executive Director | Director Elections | Board | AGAINST | 5 | |
| KAP LTD. | November 29, 2024 | Approve Financial Assistance for Subscription of Securities | Capital Structure | Board | AGAINST | 5 | |
| KAPPA CREATE CO. LTD. | June 20, 2025 | Elect Director Yamakado, Tsuyoshi | Director Elections | Board | AGAINST | 5 | |
| KAROON ENERGY LTD. | May 22, 2025 | Approve the Spill Resolution | Compensation | Board | AGAINST | 5 | |
| KARTONSAN KARTON SANAYI VE TICARET AS | July 9, 2024 | Approve Director Remuneration | Compensation | Board | AGAINST | 5 | |
| KARTONSAN KARTON SANAYI VE TICARET AS | July 9, 2024 | Authorize Share Capital Increase without Preemptive Rights | Capital Structure | Board | AGAINST | 5 | |
| KATILIMEVIM TASARRUF FINANSMAN AS | December 2, 2024 | Authorize Share Capital Increase without Preemptive Rights | Capital Structure | Board | AGAINST | 5 | |
| KATILIMEVIM TASARRUF FINANSMAN AS | March 10, 2025 | Approve Director Remuneration | Compensation | Board | AGAINST | 5 | |
| KAVERI SEED COMPANY LTD. | September 30, 2024 | Approve Authorization to ESOP Trust for Secondary Market Acquisition of Equity Shares | Compensation | Board | AGAINST | 5 | |
| KAVERI SEED COMPANY LTD. | September 30, 2024 | Approve Extension of the Benefits of Kaveri Seed Employee Stock Option Plan 2024 to the Employees of Subsidiary(s) of the Company | Compensation | Board | AGAINST | 5 | |
| KAVERI SEED COMPANY LTD. | September 30, 2024 | Approve Implementation of the Kaveri Seed Employee Stock Option Plan - 2024 (ESOP 2024) through Trust Route | Compensation | Board | AGAINST | 5 | |
| KAVERI SEED COMPANY LTD. | September 30, 2024 | Reelect C. Mithunchand as Director | Director Elections | Board | AGAINST | 5 | |
| KAWASAKI HEAVY INDUSTRIES LTD. | June 26, 2025 | Elect Director Hashimoto, Yasuhiko | Director Elections | Board | AGAINST | 5 | |
| KAWASAKI HEAVY INDUSTRIES LTD. | June 26, 2025 | Elect Director Kanehana, Yoshinori | Director Elections | Board | AGAINST | 5 | |
| KAYNES TECHNOLOGY INDIA LTD. | September 9, 2024 | Approve Grant of Employee Stock Options to the Employees / Directors of Subsidiary(ies) of the Company under the "Kaynes ESOP Scheme, 2023" | Compensation | Board | AGAINST | 5 |
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Built November 7, 2026 from SEC Form N-PX filings.