Home › Asset managers › Northern Trust › 2024-2025 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Northern Trust voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
6,154 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Northern Trust voted | Funds |
|---|---|---|---|---|---|---|---|
| Microsoft Corporation | December 10, 2024 | Report on Data Operations in Human Rights Hotspots | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 14 |
| Gilead Sciences, Inc. | May 7, 2025 | To vote on a stockholder proposal requesting a comprehensive human rights policy and human rights due diligence process, if properly presented at the Annual Meeting. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 13 |
| Merck & Co., Inc. | May 27, 2025 | Shareholder proposal regarding a human rights impact assessment. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 13 |
| Meta Platforms, Inc. | May 28, 2025 | A shareholder proposal regarding report on Al data usage oversight. | Other Social Issues | Shareholder | Against | FOR | 13 |
| Meta Platforms, Inc. | May 28, 2025 | A shareholder proposal regarding report on child safety impacts and actual harm reduction to children. | Other Social Issues | Shareholder | Against | FOR | 13 |
| Meta Platforms, Inc. | May 28, 2025 | A shareholder proposal regarding report on data collection and advertising practices. | Other Social Issues | Shareholder | Against | FOR | 13 |
| Meta Platforms, Inc. | May 28, 2025 | A shareholder proposal regarding report on hate targeting marginalized communities. | Other Social Issues | Shareholder | Against | FOR | 13 |
| Meta Platforms, Inc. | May 28, 2025 | Election of Directors: Andrew W. Houston | Director Elections | Board | WITHHOLD | 13 | |
| Meta Platforms, Inc. | May 28, 2025 | Election of Directors: John Elkann | Director Elections | Board | WITHHOLD | 13 | |
| Meta Platforms, Inc. | May 28, 2025 | Election of Directors: Marc L. Andreessen | Director Elections | Board | WITHHOLD | 13 | |
| Meta Platforms, Inc. | May 28, 2025 | Election of Directors: Peggy Alford | Director Elections | Board | WITHHOLD | 13 | |
| Meta Platforms, Inc. | May 28, 2025 | Election of Directors: Tony Xu | Director Elections | Board | WITHHOLD | 13 | |
| Meta Platforms, Inc. | May 28, 2025 | To approve Meta Platforms, Inc.'s 2025 Equity Incentive Plan. | Compensation | Board | AGAINST | 13 | |
| Meta Platforms, Inc. | May 28, 2025 | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement. | Say-on-Pay | Board | AGAINST | 13 | |
| NVIDIA Corporation | June 25, 2025 | Approval of a stockholder proposal to modify existing reporting on workforce data. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 13 |
| eBay Inc. | June 25, 2025 | Approval of the Amendment and Restatement of the eBay Equity Incentive Award Plan. | Compensation | Board | AGAINST | 13 | |
| Alphabet Inc. | June 6, 2025 | Election of ten directors: John L. Hennessy | Director Elections | Board | AGAINST | 11 | |
| Alphabet Inc. | June 6, 2025 | Stockholder proposal regarding a human rights impact assessment of Al-driven targeted ad policies | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 11 |
| Alphabet Inc. | June 6, 2025 | Stockholder proposal regarding a report on Al data usage oversight | Other Social Issues | Shareholder | Against | FOR | 11 |
| Alphabet Inc. | June 6, 2025 | Stockholder proposal regarding a report on online safety for children | Other Social Issues | Shareholder | Against | FOR | 11 |
| Alphabet Inc. | June 6, 2025 | Stockholder proposal regarding an enhanced disclosure on climate goals | Environment or Climate | Shareholder | Against | FOR | 11 |
| Berkshire Hathaway Inc. | May 3, 2025 | Election of Directors: Charlotte Guyman | Director Elections | Board | WITHHOLD | 11 | |
| Berkshire Hathaway Inc. | May 3, 2025 | Election of Directors: Kenneth I. Chenault | Director Elections | Board | WITHHOLD | 11 | |
| Berkshire Hathaway Inc. | May 3, 2025 | Election of Directors: Stephen B. Burke | Director Elections | Board | WITHHOLD | 11 | |
| Berkshire Hathaway Inc. | May 3, 2025 | Election of Directors: Susan L. Decker | Director Elections | Board | WITHHOLD | 11 | |
| Berkshire Hathaway Inc. | May 3, 2025 | Election of Directors: Thomas S. Murphy, Jr. | Director Elections | Board | WITHHOLD | 11 | |
| Chevron Corporation | May 28, 2025 | Commission a Third-Party Report on Human Rights Practices | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 11 |
| Equinix, Inc. | May 21, 2025 | Approval of an amendment to the Equinix, Inc. 2020 Equity Incentive Plan to increase the number of plan shares reserved for issuance by 3.3 million shares | Compensation | Board | AGAINST | 11 | |
| Morgan Stanley | May 15, 2025 | Shareholder proposal requesting an energy supply ratio | Environment or Climate | Shareholder | Against | FOR | 11 |
| The Home Depot, Inc. | May 22, 2025 | Shareholder Proposal Regarding Biodiversity Impact and Dependency Assessment | Environment or Climate | Shareholder | Against | FOR | 11 |
| TotalEnergies SE | May 23, 2025 | Elect Hazel Clinton Fowler Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 11 | |
| TotalEnergies SE | May 23, 2025 | Elect Laurent Mignon as Director | Director Elections | Board | AGAINST | 11 | |
| Amazon.com, Inc. | May 21, 2025 | SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON IMPACT OF DATA CENTERS ON CLIMATE COMMITMENTS | Environment or Climate | Shareholder | Against | FOR | 10 |
| Amazon.com, Inc. | May 21, 2025 | SHAREHOLDER PROPOSAL REQUESTING AN ASSESSMENT OF BOARD STRUCTURE FOR OVERSIGHT OF AI | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 10 |
| Bank of America Corporation | April 22, 2025 | Shareholder proposal requesting disclosure of energy financing ratio | Environment or Climate | Shareholder | Against | FOR | 10 |
| Fortescue Ltd. | November 6, 2024 | Approve Conditional Spill Resolution | Compensation | Board | AGAINST | 10 | |
| Novo Nordisk A/S | March 27, 2025 | Reelect Henrik Poulsen (Vice Chair) as Director | Director Elections | Board | ABSTAIN | 10 | |
| Novo Nordisk A/S | March 27, 2025 | Reelect Kasim Kutay as Director | Director Elections | Board | ABSTAIN | 10 | |
| Walmart Inc. | June 5, 2025 | Health and Safety Governance | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 10 |
| Burberry Group Plc | July 16, 2024 | Re-elect Antoine de Saint-Affrique as Director | Director Elections | Board | AGAINST | 9 | |
| CK Asset Holdings Limited | May 22, 2025 | Elect Kam Hing Lam as Director | Director Elections | Board | AGAINST | 9 | |
| Caterpillar, Inc. | June 11, 2025 | Shareholder Proposal - Civil Rights Audit | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 9 |
| Comcast Corporation | June 18, 2025 | Election of Directors: Kenneth J. Bacon | Director Elections | Board | WITHHOLD | 9 | |
| Kone Oyj | March 5, 2025 | Approve Issuance of Shares and Options without Preemptive Rights | Capital Structure | Board | AGAINST | 9 | |
| Kone Oyj | March 5, 2025 | Reelect Antti Herlin as Director | Director Elections | Board | AGAINST | 9 | |
| Kone Oyj | March 5, 2025 | Reelect Jussi Herlin as Director | Director Elections | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Approve Compensation Report of Corporate Officers | Compensation | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Approve Compensation of Antonio Belloni, Vice-CEO | Compensation | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Approve Compensation of Bernard Arnault, Chairman and CEO | Compensation | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Qualified Investors, up to Aggregate Nominal Amount of EUR 20 Million | Capital Structure | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Approve Remuneration Policy of Chairman and CEO | Compensation | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above | Capital Structure | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Authorize Capital Increase of Up to EUR 20 Million for Future Exchange Offers | Capital Structure | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Authorize Capital Increase of up to 20 Percent of Issued Capital for Contributions in Kind | Capital Structure | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 20 Million | Capital Structure | Board | AGAINST | 9 | |
| LVMH Moet Hennessy Louis Vuitton SE | April 17, 2025 | Authorize up to 1 Percent of Issued Capital for Use in Stock Option Plans Reserved for Employees and Corporate Officers | Compensation | Board | AGAINST | 9 | |
| NetApp, Inc. | September 11, 2024 | To approve an amendment to NetApp's 2021 Equity Incentive Plan. | Compensation | Board | AGAINST | 9 | |
| Automatic Data Processing, Inc. | November 6, 2024 | Election of Directors: William J. Ready | Director Elections | Board | AGAINST | 8 | |
| Broadcom Inc. | April 21, 2025 | Election of Directors: Harry L. You | Director Elections | Board | AGAINST | 8 | |
| Carrefour SA | May 28, 2025 | Approve Compensation of Alexandre Bompard, Chairman and CEO | Compensation | Board | AGAINST | 8 | |
| Carrefour SA | May 28, 2025 | Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 165 Million | Capital Structure | Board | AGAINST | 8 | |
| Carrefour SA | May 28, 2025 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 15 to 17 | Capital Structure | Board | AGAINST | 8 | |
| Carrefour SA | May 28, 2025 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 165 Million | Capital Structure | Board | AGAINST | 8 | |
| Cintas Corporation | October 29, 2024 | A shareholder proposal regarding disclosure of key diversity and inclusion metric, if properly presented at the meeting. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 8 |
| Cintas Corporation | October 29, 2024 | A shareholder proposal regarding disclosure of managing climate risk through science-based targets and transition planning, if properly presented at the meeting. | Environment or Climate | Shareholder | Against | FOR | 8 |
| Cintas Corporation | October 29, 2024 | A shareholder proposal regarding political disclosure, if properly presented at the meeting. | Other Social Issues | Shareholder | Against | FOR | 8 |
| Equinor ASA | May 14, 2025 | Approve Remuneration Statement | Compensation | Board | AGAINST | 8 | |
| Equinor ASA | May 14, 2025 | Authorize Share Repurchase Program in Connection With Employee Remuneration Programs | Compensation | Board | AGAINST | 8 | |
| Expeditors International of Washington, Inc. | May 6, 2025 | Election of Directors: Brandon S. Pedersen | Director Elections | Board | AGAINST | 8 | |
| Expeditors International of Washington, Inc. | May 6, 2025 | Election of Directors: James M. DuBois | Director Elections | Board | AGAINST | 8 | |
| Expeditors International of Washington, Inc. | May 6, 2025 | Election of Directors: Olivia D. Polius | Director Elections | Board | AGAINST | 8 | |
| Intesa Sanpaolo SpA | April 29, 2025 | Approve Remuneration Policies in Respect of Board Members | Compensation | Board | AGAINST | 8 | |
| Intesa Sanpaolo SpA | April 29, 2025 | Approve Remuneration Policy | Compensation | Board | AGAINST | 8 | |
| KBC Group SA/NV | April 30, 2025 | Reelect Philippe Vlerick as Director | Director Elections | Board | AGAINST | 8 | |
| L'Oreal SA | April 29, 2025 | Approve Remuneration Policy of CEO | Compensation | Board | AGAINST | 8 | |
| McKesson Corporation | July 31, 2024 | Shareholder Proposal on Report on Risks of State Policies Restricting Reproductive Health Care | Other Social Issues | Shareholder | Against | FOR | 8 |
| Mitsubishi Estate Co., Ltd. | June 27, 2025 | Elect Director Narukawa, Tetsuo | Director Elections | Board | AGAINST | 8 | |
| Mitsubishi UFJ Financial Group, Inc. | June 27, 2025 | Elect Director Hanzawa, Junichi | Director Elections | Board | AGAINST | 8 | |
| Mitsubishi UFJ Financial Group, Inc. | June 27, 2025 | Elect Director Kamezawa, Hironori | Director Elections | Board | AGAINST | 8 | |
| Mitsubishi UFJ Financial Group, Inc. | June 27, 2025 | Elect Director Kobayashi, Makoto | Director Elections | Board | AGAINST | 8 | |
| Mitsubishi UFJ Financial Group, Inc. | June 27, 2025 | Elect Director Mike, Kanetsugu | Director Elections | Board | AGAINST | 8 | |
| Mitsubishi UFJ Financial Group, Inc. | June 27, 2025 | Elect Director Nomoto, Hirofumi | Director Elections | Board | AGAINST | 8 | |
| Mitsubishi UFJ Financial Group, Inc. | June 27, 2025 | Elect Director Shimizu, Hiroshi | Director Elections | Board | AGAINST | 8 | |
| Mitsubishi UFJ Financial Group, Inc. | June 27, 2025 | Elect Director Ueda, Teruhisa | Director Elections | Board | AGAINST | 8 | |
| Nestle SA | April 16, 2025 | Reelect Paul Bulcke as Director and Board Chair | Director Elections | Board | AGAINST | 8 | |
| Origin Energy Limited | October 16, 2024 | Approve Grant of Performance Share Rights and Restricted Share Rights to Frank Calabria | Compensation | Board | AGAINST | 8 | |
| PayPal Holdings, Inc. | June 5, 2025 | Approval of the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan, as Amended and Restated. | Compensation | Board | AGAINST | 8 | |
| Schneider Electric SE | May 7, 2025 | Elect Alban de Beaulaincourt as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 8 | |
| Schneider Electric SE | May 7, 2025 | Elect Amandine Petitdemange as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 8 | |
| Schneider Electric SE | May 7, 2025 | Elect Francois Durif as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 8 | |
| Schneider Electric SE | May 7, 2025 | Elect Gerard Le Gouefflec as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 8 | |
| Schneider Electric SE | May 7, 2025 | Elect Venkat Garimella as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 8 | |
| Simon Property Group, Inc. | May 14, 2025 | Advisory Vote to Approve the Compensation of our Named Executive Officers. | Say-on-Pay | Board | AGAINST | 8 | |
| Simon Property Group, Inc. | May 14, 2025 | Approve of the Redomestication of the Company to the State of Indiana by Conversion. | Extraordinary Transactions | Board | AGAINST | 8 | |
| Simon Property Group, Inc. | May 14, 2025 | Election of Directors: Glyn F. Aeppel | Director Elections | Board | AGAINST | 8 | |
| Sino Land Company Limited | October 23, 2024 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 8 | |
| Sino Land Company Limited | October 23, 2024 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 8 | |
| Sino Land Company Limited | October 23, 2024 | Elect Allan Zeman as Director | Director Elections | Board | AGAINST | 8 | |
| The Goldman Sachs Group, Inc. | April 23, 2025 | Shareholder Proposal Regarding Disclosure of Energy Supply Financing Ratio | Environment or Climate | Shareholder | Against | FOR | 8 |
| The Kroger Co. | June 26, 2025 | Report on adopting a third-party mandated framework on U.S. farmers. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 8 |
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Built November 1, 2026 from SEC Form N-PX filings.