Glencore PLC | To approve the Directors’ Remuneration Report
How other organisations have declared their voting intentions
| Organisation name | Declared voting intentions | Rationale |
|---|---|---|
| Momentum Metropolitan Life Ltd | Against | The remuneration report includes discretionary clauses that do not align with the Momentum Proxy Voting Policy’s requirement for transparent and rule-based executive pay structures. There are no explicit climate-related or Just Transition metrics linked to executive remuneration. The absence of these metrics limits accountability for emissions reduction and fails to ensure that leadership is incentivized to deliver a fair and inclusive transition for employees and communities affected by the company’s operations, particularly in regions exposed to significant transition risks such as South Africa, Colombia, and the Democratic Republic of Congo. Executive remuneration frameworks should integrate measurable climate and social transition performance indicators to align incentives with long-term sustainable business outcomes. |
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