TheCorporateCounsel.net

August 4, 2022

ISS Launches Annual Global Benchmark Policy Survey

It is hard to believe it is that time of year already – yesterday ISS announced the launch of its Annual Global Benchmark Policy Survey, which is a key part of the overall process for formulating potential policy changes. The survey is slated to close on August 31, 2022, at 5pm ET.

This year’s survey includes a number of questions concerning climate change risk management, including climate-related board accountability, climate transition plans and management “say on climate” resolutions, climate risk as a critical audit matter, and financed emissions for companies in the financial sector. For the U.S. market, the survey includes questions that cover potential benchmark policy exemptions for multi-class capital structures, handling of problematic governance structures, and views on calls for third-party racial equity and civil rights audits.

In addition to the annual policy survey, ISS will conduct regional and topic-specific roundtables and conference calls as part of its annual policy development process, and will then publish for comment the major final proposed changes to ISS policies for 2023.

– Dave Lynn