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ISS and Glass Lewis 2019 Policy Guidelines for the Canadian Market

The Laurel Hill Advisory Group has published their summaries of the Institutional Shareholder Services, Inc. (ISS) and Glass Lewis updates to their respective 2019 Policy Guidelines for the Canadian Market. It is critical for Canadian issuers to review and understand these updates as failure to comply with the new guidelines could result in ISS/Glass Lewis making AGAINST/WITHHOLD recommendations for resolutions and directors at the issuer’s next annual general meeting.

The ISS updates include:

  • Board Gender Diversity

  • Overboarding

  • Environmental and Social (E&S) Shareholder Proposal Policy

You can find an overview of the ISS updates and download the full report HERE.

The Glass Lewis updates include:

  • Board Gender Diversity

  • Environmental and Social Risk Oversight

  • Executive Compensation

  • Board Skills Matrix

  • Ratification of Auditor

  • Virtual-Only Meetings

You can find an overview of the Glass Lewis updates and download the full report HERE.

Suzanne Ferguson