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March 2021

Country Ranking Trends Magni recently updated scores for Accounting. Accounting systems have a material impact on company financial statements. Statements which reflect the performance of company operations accurately enable better investment analysis while reducing investment risks. The update produced no surprises, though many countries received small upgrades or downgrades because of various technical factors. European […]

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Zoetis Inc. 

The annual proxy for this producer of medicine and vaccinations for pets and livestock had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposal on simple majority vote  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures meet the criteria in our policy on election of directors.  -For auditors – The company meets the criteria in our policy on […]

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Westinghouse Air Brake Technologies Corporation

The annual proxy for this industrial company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni voted for and against the proforma proposals.  For directors – The disclosures meet the criteria in our policy on election of directors.   For auditors – The company meets the criteria in our policy on auditor ratification.  Against advisory vote – The disclosures […]

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Republic Services, Inc.

The annual proxy for this waste management company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposal to incorporate ESG metrics into executive compensation  Magni voted as follows:  For and against proforma proposals. –For and against directors – The disclosures meet the criteria in our policy on election of directors. There are two directors representing Bill Gates. One is sufficient. Of the two nominees, Mr. Handley […]

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Northrop Grumman Corporation 

The annual proxy for this defense contractor had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposals on threshold for written consent and reporting on human rights impacts from use of company products  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures meet the criteria in our policy on election of directors.  -For auditors – The company meets the criteria in […]

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AvalonBay Communities, Inc.

The annual proxy for this real estate investment trust had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni voted for and against the proforma proposals.  For directors – The disclosures meet the criteria in our policy on election of directors.   For auditors – The company meets the criteria in our policy on auditor ratification.  Against advisory vote – The disclosures in the proxy […]

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Arconic Corporation 

The annual proxy for this manufacturer of lightweight metal products had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Board proposals on frequency of advisory votes and stock incentive plan  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures meet the criteria in our policy on election of directors.  -For auditors – The company meets the criteria in our policy on auditor ratification. […]

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The Home Depot, Inc. 

The annual proxy for this home improvement company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposals on written consent, contributions analysis, and prison labor in the supply chain  Magni voted as follows:  For and against proforma proposals. –For directors – The disclosures meet the criteria in Magni’s policy on election of directors.  -For auditors – The company meets the criteria in Magni’s policy […]

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Southwest Airlines Co.

The annual proxy for this airline had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Shareholder proposals on written consent and removal of directors without cause  Magni voted as follows:  For and against the proforma proposals. –For directors – The disclosures meet the criteria in Magni’s policy on election of directors.  -For auditors – The company meets the […]

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Waste Management, Inc. 

The annual proxy for this environmental services company had the following proposals:  Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni voted for and against proforma proposals.  For directors – The disclosures meet the criteria in Magni’s policy on election of directors.   For auditors – The company meets the criteria in Magni’s policy on auditor ratification.  Against advisory vote – The disclosures in the proxy did […]

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