shareholder proposal · 2022
AkademikerPension at Microsoft
Asked the board to issue a tax transparency report to shareholders, at reasonable expense and excluding confidential information, prepared in consideration of the indicators and guidelines set out in the Global Reporting Initiative's Tax Standard, which requires public country-by-country reporting of revenue, income, employees, cash taxes paid, taxes accrued and tangible assets.
What happened
Result: Voted on as Shareholder Proposal 6 at the annual meeting of 13 December 2022 and not approved: 1,188,222,206 votes for, 3,982,547,802 against, 30,776,762 abstaining and 1,205,617,945 broker non-votes, which Microsoft reported as 22.97% support. That was the highest support of the six shareholder proposals on that ballot, the next highest being 20.43%. The FACT Coalition described the same vote as investors representing more than $305 billion backing the proposal.
We found no tax transparency report from Microsoft prepared to the GRI Tax Standard, and no change that any source we opened attributes to this vote.
Who is involved
- AkademikerPension filer
- Microsoft company
What this campaign is about
- Domestic resource mobilization, including tax Necessary · UN Sustainable Development Goals