On Thursday, November 4, 2021, proxy advisory firm Institutional Shareholder Services (ISS) launched an open comment period on 16 proposed policy changes. The request for comment categorized the proposed changes within five general topics: (i) Board Diversity; (ii) Board Accountability – Unequal Voting Rights; (iii) Board and Other Governance Structure Elections; (iv) Climate; and (v) Compensation. Chiefly focused on the impact to the U.S. benchmarks, each of these general topics are summarized below; however, this blog post focuses on ISS’s updates on climate issues.
ISS Seeks to Apply Further Climate Change Voting Guidelines
