From https://communityblog.fedoraproject.org/february-2023-council-hackfest-summary/#more-11895

We also renamed Objectives to Initiatives. As you may recall, these are 12-to-18 month strategic efforts led by the community with support from the Council. The rename doesn’t change anything of substance, but we felt it makes the purpose more clear. What is changing is how we work with Initiatives. From now on, new Initiatives will be assigned an executive sponsor — an existing Council member who can help marshall resources and otherwise provide high-level support.

Need to write something about this -- probably in the Procedures section -- and then possibly a brief reference to it in the charter doc.