Independent
Tenure on this board
3.6 yrs
12 nominees · 5 ballot items.
Election of 12 directors; ratification of Deloitte & Touche as independent auditors; advisory approval of executive compensation (say-on-pay); shareholder proposal to report on Paris Agreement alignment; shareholder proposal to report on net-zero business performance risks.
Election of twelve listed director nominees to the Board for one-year terms.
Ratify the Audit Committee’s appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2026.
Advisory “say-on-pay” vote to approve the company’s executive compensation disclosure for 2026.
Request the company publish a report describing if and how NextEra plans to reduce its total contribution to climate change and align operations and investments with the Paris Agreement.
Shareholder requests a Paris-alignment report; proponent says company withdrew 2045 target and interim targets and needs to restore investor confidence; the Board opposes as duplicative given existing Sustainability Resources and disclosures, and argues management/Board should determine disclosure scope and timing, that costs and limited flexibility outweigh benefits.
Requesting a report within a year evaluating potential costs and benefits to NextEra created by aggressive emission reduction policies.
Shareholder requests a report evaluating business risks from net-zero/emissions reduction policies; proponent claims commitments may be unrealistic and harm returns, cites underperformance and activist influence; Board opposes as company has no current aggressive targets and believes the proposal is inapplicable, duplicative and would waste resources.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.49% | 135,383,754 | $12.6B |
| 2 | STATE STREET CORP | 5.74% | 119,667,918 | $11.1B |
| 3 | BlackRock, Inc. | 3.41% | 71,021,266 | $6.6B |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.90% | 60,413,784 | $5.6B |
| 5 | BlackRock, Inc. | 2.17% | 45,249,438 | $4.2B |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 2.00% | 41,623,675 | $3.9B |
| 7 | MORGAN STANLEY | 1.90% | 39,593,890 | $3.7B |
| 8 | Capital Research Global Investors | 1.71% | 35,659,943 | $3.3B |
| 9 | FMR LLC | 1.01% | 20,994,239 | $1.9B |
| 10 | FRANKLIN RESOURCES INC | 1.00% | 20,763,700 | $1.9B |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.