Equinor ASA | Approval of board of director's remuneration policy at Equinor ASA

Status
98.99% votes in favour
AGM date
Previous AGM date
Proposal number
16
Resolution details
Company ticker
EQNR (previously Statoil)
Submitted by
-
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
ESG sub-theme
  • Remuneration or pay
Type of vote
Other management proposal or proxy item
Filer type
Management
Company sector
Energy
Company HQ country
Norway
Resolved clause
"Sarasin & Partners has expressed their intention to vote AGAINST this proposal at Equinor ASA's upcoming 2023 AGM.

""We cannot be certain that bonuses or other long-term incentives will only be awarded for performance that is aligned with the Paris Agreement. With the current non-aligned transition plan, we believe executives are being rewarded for non-aligned performance. We favour the introduction of a net-zero underpin that would provide a safeguard against such awards.""

For more details, access: https://sarasinassetmanagement.com/stewardship-post/equinors-2023-agm-how-we-are-voting-for-net-zero/#storeinvestor"

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