You Own Wall Street › Companies › Royal Bank of Canada
Royal Bank of Canada shareholder proposals 2026
What shareholders asked Royal Bank of Canada to do, and how the funds holding Americans’ retirement savings voted on it: the funds in the 401(k) plans we index and the most widely held funds beyond them, with the filing behind every vote.
9 April 2026 · put on the ballot by shareholder · Workforce & human rights
Should Royal Bank of Canada report on forced and child labour in what it lends to and finances?
Shareholders asked the bank to report on how it identifies and addresses forced labour and child labour risk in its lending and financing portfolios — not only in its own operations, but in the businesses its capital supports.
“SP 6: Report on Forced Labor and Child Labor in Lending Portfolios”
1 of 12 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Vanguard Total International Stock Index Fund | AGAINST | 20,718,061 |
| Vanguard Developed Markets Index Fund | AGAINST | 13,536,665 |
| Vanguard FTSE All-World ex-US Index Fund | AGAINST | 3,177,880 |
| Fidelity Contrafund | AGAINST | 2,123,009 |
| Fidelity Total International Index Fund | AGAINST | 735,325 |
| Fidelity Global ex U.S. Index Fund | AGAINST | 691,189 |
| Fidelity Contrafund K6 | AGAINST | 484,845 |
| Fidelity ZERO International Index Fund | AGAINST | 355,878 |
| Fidelity Total International Equity Fund | AGAINST | 100,505 |
| Calvert International Responsible Index Fund | FOR | 75,329 |
| International Index Portfolio | AGAINST | 47,271 |
| Financial Services Fund | AGAINST | 355 |
The same proposal was put to Tesla, Toronto-Dominion Bank, National Bank of Canada.
9 April 2026 · put on the ballot by shareholder · Executive pay
SP 3: Adopt Performance-Aligned Compensation Policy
“SP 3: Adopt Performance-Aligned Compensation Policy”
0 of 26 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Vanguard Total International Stock Index Fund | AGAINST | 20,718,061 |
| Vanguard Developed Markets Index Fund | AGAINST | 13,536,665 |
| Vanguard FTSE All-World ex-US Index Fund | AGAINST | 3,177,880 |
| Fidelity Contrafund | AGAINST | 2,123,009 |
| Fidelity Total International Index Fund | AGAINST | 735,325 |
| Fidelity Global ex U.S. Index Fund | AGAINST | 691,189 |
| Fidelity Contrafund K6 | AGAINST | 484,845 |
| Fidelity ZERO International Index Fund | AGAINST | 355,878 |
| Freedom 2030 Portfolio | AGAINST | 310,339 |
| Freedom 2040 Portfolio | AGAINST | 310,339 |
| Freedom 2045 Portfolio | AGAINST | 310,339 |
| Freedom 2035 Portfolio | AGAINST | 310,339 |
| Freedom 2050 Portfolio | AGAINST | 310,339 |
| Investor Freedom 2025 Portfolio | AGAINST | 310,339 |
9 April 2026 · put on the ballot by shareholder · Social
Should Royal Bank of Canada account for how it builds and uses AI?
Shareholders asked for a report on the company’s use of artificial intelligence — where its training data comes from and on what terms, how the board oversees the risk, and what the technology is doing to the accuracy of what users see.
“SP 7: Report on AI-Use in High-Level Decision-Making, Risk Assessment and Loan Grants”
1 of 9 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Vanguard Total International Stock Index Fund | AGAINST | 20,718,061 |
| Vanguard Developed Markets Index Fund | AGAINST | 13,536,665 |
| Vanguard FTSE All-World ex-US Index Fund | AGAINST | 3,177,880 |
| Fidelity Total International Index Fund | AGAINST | 735,325 |
| Fidelity Global ex U.S. Index Fund | AGAINST | 691,189 |
| Fidelity ZERO International Index Fund | AGAINST | 355,878 |
| Fidelity Total International Equity Fund | AGAINST | 100,505 |
| Calvert International Responsible Index Fund | FOR | 75,329 |
| International Index Portfolio | AGAINST | 47,271 |
The same proposal was put to Alphabet, Microsoft, Walmart, Shopify, Toronto-Dominion Bank, AtkinsRealis Group.
9 April 2026 · put on the ballot by shareholder · Workforce & human rights
Should Royal Bank of Canada report on forced and child labour in what it lends to and finances?
Shareholders asked the bank to report on how it identifies and addresses forced labour and child labour risk in its lending and financing portfolios — not only in its own operations, but in the businesses its capital supports.
“Shareholder Proposal Regarding Report on Forced and Child Labour in Loan Portfolios”
0 of 3 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Schwab International Equity ETF | AGAINST | 3,029,875 |
| the Hartford International Opportunities Fund | AGAINST | 462,686 |
| Hartford Schroders International Multi-Cap Value Fund | AGAINST | 221,289 |
The same proposal was put to Tesla, Toronto-Dominion Bank, National Bank of Canada.
9 April 2026 · put on the ballot by shareholder · Executive pay
Regarding Executive Compensation Policy
“Shareholder Proposal Regarding Executive Compensation Policy”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| the Hartford International Opportunities Fund | AGAINST | 462,686 |
9 April 2026 · put on the ballot by shareholder
Regarding Board Youth Representation
“Shareholder Proposal Regarding Board Youth Representation”
0 of 2 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Schwab International Equity ETF | AGAINST | 3,029,875 |
| the Hartford International Opportunities Fund | AGAINST | 462,686 |
9 April 2026 · put on the ballot by shareholder
Regarding Board Skill Diversification Policy
“Shareholder Proposal Regarding Board Skill Diversification Policy”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| the Hartford International Opportunities Fund | AGAINST | 462,686 |
9 April 2026 · put on the ballot by shareholder
Regarding Participation in Annual Meetings
“Shareholder Proposal Regarding Participation in Annual Meetings”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| the Hartford International Opportunities Fund | AGAINST | 462,686 |
9 April 2026 · put on the ballot by shareholder · Social
SP 8: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting
“SP 8: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting”
0 of 5 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Fidelity Total International Index Fund | AGAINST | 735,325 |
| Fidelity Global ex U.S. Index Fund | AGAINST | 691,189 |
| Fidelity ZERO International Index Fund | AGAINST | 355,878 |
| Fidelity Total International Equity Fund | AGAINST | 100,505 |
| International Index Portfolio | AGAINST | 47,271 |
9 April 2026 · put on the ballot by shareholder · Climate & environment
Should Royal Bank of Canada publish a fuller account of its emissions and how it plans to cut them?
Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.
“SP 9: Advisory Vote on Environmental Policies”
0 of 1 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Fidelity Total International Equity Fund | AGAINST | 100,505 |
The same proposal was put to NVIDIA, Amazon.com, Alphabet, Meta Platforms, Verizon Communications, JPMorgan Chase.
9 April 2026 · put on the ballot by shareholder · Workforce & human rights
Should Royal Bank of Canada report on forced and child labour in what it lends to and finances?
Shareholders asked the bank to report on how it identifies and addresses forced labour and child labour risk in its lending and financing portfolios — not only in its own operations, but in the businesses its capital supports.
“PLEASE NOTE THAT THIS IS A SHAREHOLDER PROPOSAL: REPORT ON FORCED LABOR AND CHILD LABOR IN LENDING PORTFOLIOS”
0 of 10 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Blackrock Lifepath Index 2035 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2030 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2040 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2045 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2050 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index Retirement Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2055 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2060 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2065 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2070 Fund | AGAINST | 1,859,602 |
The same proposal was put to Tesla, Toronto-Dominion Bank, National Bank of Canada.
9 April 2026 · put on the ballot by shareholder · Executive pay
Please note that this is a shareholder proposal: adopt performance-aligned compensation policy
“PLEASE NOTE THAT THIS IS A SHAREHOLDER PROPOSAL: ADOPT PERFORMANCE-ALIGNED COMPENSATION POLICY”
0 of 10 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Blackrock Lifepath Index 2035 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2030 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2040 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2045 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2050 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index Retirement Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2055 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2060 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2065 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2070 Fund | AGAINST | 1,859,602 |
9 April 2026 · put on the ballot by shareholder · Social
Should Royal Bank of Canada account for how it builds and uses AI?
Shareholders asked for a report on the company’s use of artificial intelligence — where its training data comes from and on what terms, how the board oversees the risk, and what the technology is doing to the accuracy of what users see.
“PLEASE NOTE THAT THIS IS A SHAREHOLDER PROPOSAL: REPORT ON AI-USE IN HIGH-LEVEL DECISION-MAKING, RISK ASSESSMENT AND LOAN GRANTS”
0 of 10 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Blackrock Lifepath Index 2035 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2030 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2040 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2045 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2050 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index Retirement Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2055 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2060 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2065 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2070 Fund | AGAINST | 1,859,602 |
The same proposal was put to Alphabet, Microsoft, Walmart, Shopify, Toronto-Dominion Bank, AtkinsRealis Group.
9 April 2026 · put on the ballot by shareholder · Social
Please note that this is a shareholder proposal: disclose non-confidential information relating to the bank's country-by-country reporting
“PLEASE NOTE THAT THIS IS A SHAREHOLDER PROPOSAL: DISCLOSE NON-CONFIDENTIAL INFORMATION RELATING TO THE BANK'S COUNTRY-BY-COUNTRY REPORTING”
0 of 10 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Blackrock Lifepath Index 2035 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2030 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2040 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2045 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2050 Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index Retirement Fund | AGAINST | 1,859,602 |
| Blackrock Lifepath Index 2055 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2060 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2065 Fund | AGAINST | 1,859,602 |
| BlackRock LifePath Index 2070 Fund | AGAINST | 1,859,602 |
Vote these yourself
Say how you would have voted, then see what your own fund did. Open the ballot deck →