Institution Theme Category Industry
  • State Street
  • Environmental
  • Climate
  • Construction
Company Year Market Link
NVR, Inc. 2020 N/A https://www.ssga.com/library-content/pdfs/asset-stewardship/inst-asset-stewardship-activity-report-q3.pdf

Ahead of its 2020 AGM, we had identified NVR, Inc. as a company that was not meeting our expectations for ESG disclosure. During an engagement prior to the annual meeting, we gained an understanding of the company’s plan to meet our expectations over the coming year and thus chose not to vote against a board member for falling short of our disclosure expectations. We followed up with the company in July and learned that it had specifically added ESG oversight to the Nominating and Corporate Governance Committee charter, among other improvements. We expect continued improvement in the coming months as the company responds to shareholders’ expectations for enhanced disclosure.

Details

  • Proponent
  • Management
  • Resolution
  • Election of Directors/Sustainability Disclosures
  • Vote
  • For
  • Rationale
  • N/A
  • Details
  • N/A