Tag: ISS
ISS strikes back at ESG critics
The global proxy advisory firm takes to task politicians who would block the use of ESG factors when making investment decisions.
News round-up: this week in governance
UK ‘less optimistic’ on ESG than European boards; holding stock; ethics codes; governance in Japan; can ‘Succession’ tell us how to manage?
New EU laws will make boardrooms more ‘accountable’
Proxy adviser ISS says recent directives will grant shareholders much greater influence when voting at this year’s European AGMs.
News round-up: this week in governance
Sweden’s Jacob Wallenberg rejects ISS criticism of dual-class shares; golden parachutes; greenwashing; climate disclosure litigation risk; EY cancels split
Elon Musk weighs in against ISS and Glass Lewis
On Twitter, Musk complains that large proxy advisers hold ‘far too much power’ over shareholder voting decisions.
ISS announces 2023 updates to proxy voting guidelines
The ISS policy updates, applicable to shareholder meetings on or after 1 February, increase focus on executive pay and board accountability.
US boards slow diversity with poor retirement policies
Only 6% of organisations have term limits for directors, and there is reluctance around mandatory retirement policies.
News round-up: this week in governance
ISS takes aim at Apple over CEO pay; State Street on human rights; £4.7m fine for JD Sports; investors’ “negative response” to interim CFOs.
News round-up: this week in governance
Car park catch-ups; audit reform rumours; Elon Musk on Twitter; ISS seeks climate disclosures; and why married CEOs are a safer bet.
S&P 500 appoints nearly 200% more black board directors in past year
ISS research shows 148 black directors were appointed to S&P 500 companies in the past 12 months, compared with 52 in the year to May 2020.