News

UPP’s new proxy voting policy now live

UPP has released its first-ever Proxy Voting Policy.

Proxy voting is an important component of our stewardship program that allow us to influence the appropriate oversight and management of environmental, social and governance (ESG) factors by publicly traded companies.

Proxy voting occurs at annual and special company meetings on issues of importance such as corporate governance (e.g., composition of the board of directors, executive compensation) and shareholder proposals (e.g., disclosure of ESG information, adoption of better sustainability practices).

The Proxy Voting Policy outlines UPP’s approach towards exercising our voting rights and responsibilities, and to articulate our environmental, social and governance (ESG) oversight expectations and related voting positions. It is rooted in our commitment to align the interests of issuers with those of our plan members, particularly in supporting the election of capable board directors and shareholder proposals that we believe will reinforce risk management and long-term value creation.

See the Proxy Voting Policy, and UPP’s other inaugural investment policies here.

Media Contact

Kelly Conlon
Managing Director, Strategic Communications and External Relations
[email protected]

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