Proxy Voting Record

As a responsible and active investor, the National Pensions Reserve Fund Commission is committed to exercising its voting rights across as many investee companies and markets as is practicable. Hermes Equity Ownership Services (EOS) executes proxy votes on behalf of the Fund across its global equity portfolio.

In doing so it is guided by the file is in PDF format Hermes Principles This document opens up a new window, which are based on the premise that a company run in the long-term interest of shareholders will need to manage effectively its relationships with employees, suppliers and customers, to behave ethically and to have regard for the environment and society as a whole. Hermes EOS will generally support the recommendations of a company's board unless it has a good reason not to do so.

Click on the relevant document below to see how the Fund exercised its voting rights in a given period¹. To find a particular company, type its name into the search field and press "Enter".

2012 Report

2011 Report

2010 Report

2009 Report

2008 Report






¹ Several countries restrict share trading during the shareholder meeting period. Some of Hermes EOS' voting instructions relating to companies from these markets may not have been executed if the Fund's investment managers anticipated selling the shares during the restricted period.