Each year, Portfolios on the Ballot identifies shareholder proposals and director votes that matter to long-term, diversified investors. Rather than focusing solely on the financial performance of individual companies, Portfolios on the Ballot launches each March to highlight proxy initiatives that address the social, environmental, and economic systems that underpin the value of the entire market.

Developed by The Shareholder Commons, Portfolios on the Ballot is the first resource dedicated to helping investors evaluate proxy votes through a system-level lens — recognizing that protecting the economy, public health, democratic institutions, human rights, and the environment ultimately protects diversified portfolios.

Since Portfolios on the Ballot was launched in 2023, investors have brought forward system-level arguments for numerous topics, including:

• Human rights and worker well-being

• And other system-level investing issues

Eager to learn more? For POTB-specific questions, refer to the FAQs on our In Practice webpage. To better understand system-level investing, read our System-Level Investing webpage. Are you leading a shareholder initiative that you think should be included in POTB? Contact us.

Importantly, systems-level best practices can extend far beyond proxy season. Review Beyond the Ballot to learn about engagements that go beyond proxy voting.

Explore Past Proxy Seasons

The Portfolios on the Ballot Archive brings together every proposal, proxy memo, digest, and campaign featured throughout each proxy season. More than a historical record, it serves as a practical resource for investors, advocates, and stewardship professionals looking to understand how systems-first ideas have been applied in real-world engagements.

Investors developing a new campaign, refining an existing strategy, or exploring how others have connected company actions to long-term portfolio value can use the Archive as a growing collection of examples across systemic issues.

Read highlights below from the past two years of Portfolios on the Ballot or review the full archive.

Stay Connected

Proxy season may be specific times of the year, but new research, insights, and investor resources are published throughout the year.

Sign up to receive updates about:

• The next edition of Portfolios on the Ballot
• New system-level investing resources
• Updates to our new System-Level Investing Knowledge Lab
• Webinars and educational events
• New features on Beyond the Ballot

The purpose of Portfolio on the Ballot (“POTB”) is to highlight arguments based on a systems-first, diversified portfolio value proposition rather than to provide voting advice. The Shareholder Commons (TSC) does not provide and POTB does not constitute investment, financial planning, legal, accounting or tax advice. We are neither licensed nor qualified to provide any such advice. POTB does not make voting recommendations. We do not endorse or validate the information provided by third parties and contained in POTB. This is NOT a solicitation of your proxy; it is a provision of contextual information from public sources regarding the proxy matters discussed above. TSC does not seek directly or indirectly, either on their own or another’s behalf, the power to act as proxy for a security holder and does not furnish or otherwise request or act on behalf of a person who furnishes or requests, a form of revocation, abstention, consent or authorization. Please do not send us your proxy card – we are not able to vote your proxies, nor does this communication contemplate such an event.

The use of particular engagement tools and tactics is at the discretion of each investor and subject to all relevant laws, including securities, fiduciary, competition and antitrust laws. Any decision by investors to take action with respect to acquiring, holding, disposing and/or voting of securities shall be at their sole discretion and made in their individual capacities.

The aggregated information comprising POTB represents a snapshot in time of certain publicly available information regarding shareholder matters that may be voted on at annual shareholder meetings of public companies in each respective year.

The information provided in POTB is provided “AS IS” without warranty of any kind. TSC makes no representations and provides no warranties regarding any information or opinions provided herein. Neither TSC nor any of its employees, consultants, officers, directors, or agents, shall be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any information contained herein, including, but not limited to, lost profits or punitive or consequential damages. The content of our programming, publications and presentations is provided for informational and educational purposes only and should not be considered as information sufficient upon which to base any decisions on investing, purchases, sales, trades, or any other investment transactions. We do not express an opinion on the future or expected value of any security or other interest and do not explicitly or implicitly recommend or suggest an investment strategy of any kind. Our events, websites, and promotional materials may contain external links to other resources and may contain comments or statements by individuals who do not represent TSC. TSC has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third-party websites or services that you may access as a result of our programming. TSC shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such websites or services.