Provide an overview of how you ensure that your agreed-upon voting policy is adhered to, giving details of your approach when exceptions to the policy are made.
CRPTF's Assistant Investment Officer reviews proxy vote information/recommendations provided by our service provider (ISS) on its software system (ProxyExchange). CRPTF also requires quarterly reporting from ISS, which is reported to the Treasurer and Investment Advisory Council.
Institutional Shareholder Services (ISS) serves as the voting agent for the CRPTF's domestic proxies and votes U.S. proxies consistent with the CRPTF's in-house domestic proxy voting gudelines. CRPTF's external managers are responsible to vote CRPTF's international proxies in accordance with the CRPTF's in-house global proxy voting guidelines. Both proxy voting policies have been approved as part of an Investment Policy Statement, subject to annual review by the Investment Advisory Council.