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Procter & Gamble shareholder proposals 2025
What shareholders asked Procter & Gamble 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.
14 October 2025 · put on the ballot by shareholder · Climate & environment
Should Procter & Gamble report on the single-use plastic it puts into the world?
Shareholders asked for a report on how much single-use plastic packaging the company uses, the risks that creates as regulation tightens, and what it plans to do to reduce it.
“Shareholder Proposal Requesting Additional Reporting on Plastic Packaging”
0 of 9 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Vanguard Dividend Appreciation Index Fund | AGAINST | 12,437,538 |
| State Street Consumer Staples Select Sector SPDR ETF | AGAINST | 8,719,423 |
| Vanguard Consumer Staples Index Fund | AGAINST | 6,021,286 |
| Invesco S&P 500 Quality ETF | AGAINST | 4,393,252 |
| Vanguard Equity Income Fund | AGAINST | 2,572,455 |
| Goldman Sachs GQG Partners International Opportunities Fund | AGAINST | 1,549,148 |
| Equity Income Fund formerly Equity Income Fund I | AGAINST | 1,068,315 |
| T. Rowe Price Large-Cap Value Fund | AGAINST | 326,400 |
| Disciplined Value Fund | AGAINST | 188,434 |
The same proposal was put to Coca-Cola, Target, Mondelez International, Home Depot, Hyatt Hotels, Lowe's.
8 October 2024 · put on the ballot by shareholder · Pay equity & inclusion
Should Procter & Gamble publish the raw pay gap between its workers by gender and race?
Shareholders asked for “unadjusted” median pay gap figures — the plain difference between what women and men, and white and non-white employees, are paid across the whole company. Companies usually publish an adjusted number instead, which compares people in the same role and so cannot show whether one group is concentrated in the lower-paid roles.
“Shareholder Proposal - Pay Gap Reporting”
14 of 15 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Fidelity Advisor Balanced Fund | AGAINST | 342,300 |
| Freedom 2030 Portfolio | FOR | 2,066 |
| Freedom 2040 Portfolio | FOR | 2,066 |
| Freedom 2045 Portfolio | FOR | 2,066 |
| Freedom 2035 Portfolio | FOR | 2,066 |
| Freedom 2050 Portfolio | FOR | 2,066 |
| Investor Freedom 2025 Portfolio | FOR | 2,066 |
| Freedom 2055 Portfolio | FOR | 2,066 |
| Freedom 2060 Portfolio | FOR | 2,066 |
| Investor Freedom 2020 Portfolio | FOR | 2,066 |
| Freedom 2065 Portfolio | FOR | 2,066 |
| Investor Freedom 2010 Portfolio | FOR | 2,066 |
| Investor Freedom 2015 Portfolio | FOR | 2,066 |
| Freedom 2070 Portfolio | FOR | 2,066 |
The same proposal was put to NIKE.
14 October 2025 · put on the ballot by shareholder · Climate & environment
Should Procter & Gamble report on the single-use plastic it puts into the world?
Shareholders asked for a report on how much single-use plastic packaging the company uses, the risks that creates as regulation tightens, and what it plans to do to reduce it.
“Shareholder Proposal Requesting Additional Reporting on Plastic Packaging”
0 of 3 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| iShares MSCI USA Quality Factor ETF | AGAINST | 4,974,735 |
| AMG Yacktman Fund | AGAINST | 1,230,000 |
| Carillon Eagle Growth & Income Fund | AGAINST | 114,399 |
The same proposal was put to Coca-Cola, Target, Mondelez International, Home Depot, Hyatt Hotels, Lowe's.
Vote these yourself
Say how you would have voted, then see what your own fund did. Open the ballot deck →