ISS Publishes Proposed Benchmark Policy Changes for 2022
On November 4, 2021, Institutional Shareholder Services (ISS) opened the public comment period on its proposed benchmark policy changes for 2022. ISS expects to publish final updated policies in late November 2021, and the updated benchmark policies will apply to shareholder meetings that take place on or after February 1, 2022, except as otherwise noted. ISS will accept comments on the proposed benchmark policy changes through 5:00 p.m. Eastern Time on November 16, 2021. More information, such as how to submit comments and proposed updates for guidelines in non-U.S. jurisdictions, can be found here . Proposed Updates to ISS’s Proxy Voting Guidelines for 2022 Proxy Season The following changes relate to circumstances in which ISS may recommend a vote against or withhold from one or more directors in an uncontested election: Board Gender Diversity: ISS policy for shareholder meetings since February 1, 2020 has been to “generally vote against or wit...