glass lewis governance hub


All Rights Reserved. Our regional phone numbers are found here. Learn about our US Public Company Advisory work, Amid COVID-19 Crisis, Public Companies Make the Move to Virtual Meetings, The number and severity of cybersecurity incidents at major companies has increased, causing regulators to take a tougher approach. Need Help Logging In? Our regional phone numbers are found here. here to register, Not for publication, email or dissemination, Palladin-backed Splash Car Wash buys new car wash express site, Willis & Smith and First Capital acquire manufacturer J&E, AEA Growth invests in exec search and advisory firm Bespoke Partners, KKR closes complex Internet Brands transaction; private equity bets on staffing, Specialization matters, says Signet Healthcare; Enterprise software backer Banneker closes 2nd fund, Veritas said to be in talks with NCR; Towe Arch buys ITS; Alpine picks up online tutoring provider. Subscribe and stay up to date with the latest legal news, information and events Norton Rose Fulbright 2022. Public companies can also use our innovativeReport Feedback Statementto deliver their opinion on our proxy research directly to the voting decision-makers at every investor client in time for voting decisions to be made or changed; and ourIssuer Data Reportto validate the information used in Glass Lewis analysis. July 2022. Both Glass Lewis and Institutional Shareholder Services (ISS) announced amendments to their board gender diversity policies last year that will take effect in 2022. This raised concerns about neutrality and disclosure, which are particularly significant given the company's outsize impact on the broader corporate sphere and access to extensive sensitive information, where neutrality is difficult to confirm and tempting to discard. Best Practice Principles & Stewardship Codes, Glass Lewis Feedback and Complaints Center, A holistic solution to promote good governance, Access Glass Lewis research and vote recommendations covering your annual and special shareholder meetings, including, on your company from Glass Lewis partners at, Deliver your opinions on our Proxy Paper research reports directly to, Review a data-only version of Glass Lewis report covering your annual shareholder meeting prior to publication of the Proxy Paper to Glass Lewis clients. Access Glass Lewis research and vote recommendations covering your annual and special shareholder meetings, including supplemental insights on your company from Glass Lewis partners at ESG Book, Sustainalytics, and BitSight. it's been delivered there. Access your meetings, research, custom recommendations and ballots. This solution [], Public company filings are one of the primary tools that shareholders use to understand the companies they are invested in. We enable institutional investors and publicly listed companies to make sustainable decisions based in research and data. Global public company data points from the new Glass Lewis ESG Data Feed can be used by investors for ESG models, scoring, investing decisions, and proxy voting decisions SAN FRANCISCO (June 15, 2022) [], Dennis Johnson, CFA, former Chief Investment Officer at TIAA and Comerica Bank, joins the Board of Directors at Glass Lewis, global leader in ESG and Proxy Voting solutions. Glass Lewis is also expanding these guidelines to apply to all companies in the S&P/TSX Composite index. Prior results do not guarantee a similar outcome. SAN FRANCISCO (September 13, 2021) Glass Lewis today announced the launch [], Wolfgang Wiemers appointed as Head of Sales, DACH Region and Adam Gaby appointed as Head of Continental Europe and Middle East Sales Note: See here for the German-language version LIMERICK, IRELAND (May 24, 2021) [], Acquisition positions leading provider of global governance solutions to address the global demands of shifting governance activities SAN FRANCISCO and TORONTO March 16, 2021 Peloton Capital Management and Stephen Smith have acquired GlassLewis from []. Copyright 2022 Glass, Lewis & Co., and/or its affiliates. Canada | anz Another change for 2022, which was not previously announced, is that Glass Lewis may recommend voting against the entire nominating committee of TSX-listed companies if there are no women on the board. Access Proxy Papers, Special Reports, Policy Guidelines, and Season Reviews. If you would like to learn how Lexology can drive your content marketing strategy forward, please email [emailprotected]. Our core solutions include Proxy Paper proxy research and Viewpoint proxy vote management platform. on company performance against material features. Critical cybersecurity information from our partner, Bitsight, included with Glass Lewis Proxy Paper reports helps you understand how cybersecurity issues may impact governance risks. best practices with the Equity Compensation Plan Advisory service. The Glass Lewis guidelines are available here. Please contact [emailprotected]. on how companies are mitigating climate risk and how their ESG policies and disclosures stack up against best practices and market norms, Valuable data and insights through our strategic partnerships, to leverage their expertise and data in our Proxy Paper r. eports, giving you additional insights to make more informed decisions. Founded in 1973 and rated among the Best Analysts of the Year[7] by Institutional Investor magazine, Washington Analysis anticipates and analyzes the impact of political, legislative and regulatory developments on the financial markets. Get immediate notification of our Proxy Paper research reports for your company and peers when published. In the last Administration, the focus was on asset managers motives and particularly the dubious claim that ESG was a surreptitious effort to advance [], The 2022 Shopify AGM put the spotlight on two controversial theories for driving corporate success: the founder-CEO and multi-class share structures. November 19, 2021. Proxy Paper research reports as soon as they are published. Our team has been providing in-depth analysis of companies since 2003, relying solely on publicly available information to inform its policies, research, and voting recommendations. Meet your shareholder expectations and build an equity plan that is in line with. Critical cybersecurity information from our partner. (Note: the data review program is currently applicable in North America, Europe and some Asian markets. Our regional phone numbers are found here. Email or call your local client service representative. Please click here to read our disclaimer. (Note: Press Release has been updated to reflect Arabesque name change to ESG Book.) Glass Lewis, ISS endorse Clearlakes acquisition of Intertape. effectively align proxy voting and engagement practices with ESG risk management considerations. Copyright 2021 The Chartered Governance Institute UK & Ireland. September 14-15 We use cookies to deliver our online services. We have teams located across the United States, Europe, and Asia-Pacific giving us global reach with a local perspective on the important governance issues. Our customers include the majority of the worlds largest pension plans, mutual funds, and asset managers who collectively manage over $40 trillion in assets. Quick access to Glass Lewis Policy Guidelines, thought leadership, and other governance content the minute they are published. Register now to read this article and more for free. New for 2022: Glass Lewis provides ratings and data on how companies are mitigating climate risk and how their ESG policies and disclosures stack up against best practices and market norms. Newsom Announces Budget Approval for Biosimilar Insulin Initiative, CFPB Issues Advisory Opinion Affirming Obligations of Consumer Report Providers and Users Under FCRA, U.S. Review your content's performance and reach. Best Practice Principles & Stewardship Codes, Glass Lewis Feedback and Complaints Center, Glass Lewis Launches ESG Data Feed Providing Investors Timely Access to Key ESG Data Points, Glass Lewis Announces Appointment of Dennis Johnson to its Board of Directors, Glass Lewis Launches ESG Scores and Data to Give Investors Insights Needed for Informed Voting and Engagement Decisions, Global Alliance of Leading Financial Institutions, Investors and Businesses Come Together to Shape the Future of ESG Data, Diligent Teams Up with Glass Lewis to Launch First-of-its-Kind Climate Leadership Certificate Program, Glass Lewis Announces Agreement with Alembeeks to Expand ESG Solutions Offering in Europe, Arabesque (Now ESG Book) and Glass Lewis Partner to Deliver Sustainability Performance Insights, Glass Lewis Launches Equity Plan Advisory Service, BitSight and Glass Lewis Partner to Expand Investor Understanding of Cybersecurity Risk, Glass Lewis Announces Sales Appointments in DACH and EMEA Regions, Peloton Capital Management and Stephen Smith Acquire Glass Lewis, Debates Over Worker Pay and ESG Stewardship Leave Sainsburys Investors with Their Hands Full, Investor ESG Integration Highlights Need for Reliable, Timely Data, Amendments to the UAE Governance Guide of Public Joint-Stock Companies, Enhancing the Transparency of ESG Investing and Stewardship: The SECs Proposed Greenwashing Rules. For companies listed on the TSXV, CSE or NEO exchanges, the requirement is for a minimum of one woman on the board. They are particularly relevant when it comes time to vote at the companys annual shareholder [], In March, Glass Lewis published a blog post on our research approach to sanctioned Russian companies and individuals that serve on boards of directors, as well as our disclosure expectations from companies that are materially [], The UK's Financial Conduct Authority has announced new diversity targets and associated disclosure requirements for UK companies. Attorney Advertising. The Glass Lewis Blog is regularly updated with information of use to our institutional investor clients including our insights on major corporate governance news, replays of Proxy Talk conference calls, and the publication of new guidelines, season previews, season reviews and special reports. It appears to us from the Glass Lewis reports that we have reviewed that having a classified board without either committing to submit it to a shareholder vote or providing a reasonable pre-determined date at which the classified board sunsets, is the most problematic of the above referenced governance provisions in Glass Lewis view. Historically, Glass Lewis was more lenient than ISS in issuing automatic withhold recommendations on directors based on governance provisions adopted at the time of the IPO. With significant attention on issues like board diversity and climate risk, public companies have the opportunity to create shareholder value while also improving stakeholder engagement. Glass, Lewis & Co. (Glass Lewis)[2] is a major American proxy advisory services company; as of spring 2019, Glass Lewis controlled 28% of the proxy advisory market for mutual funds; this makes it the second-largest company in the market, behind Institutional Shareholder Services. Learn how you can verify the underlying data points of our research, engage with the Glass Lewis research team, or report questions or concerns regarding our research. Best Practice Principles & Stewardship Codes, Glass Lewis Feedback and Complaints Center, on Glass Lewis Announces Governance Hub for Public Companies, Glass Lewis Governance Hub for Public Companies, Here is a complete list of markets covered, Debates Over Worker Pay and ESG Stewardship Leave Sainsburys Investors with Their Hands Full, Investor ESG Integration Highlights Need for Reliable, Timely Data, Amendments to the UAE Governance Guide of Public Joint-Stock Companies, Glass Lewis Launches ESG Data Feed Providing Investors Timely Access to Key ESG Data Points, Enhancing the Transparency of ESG Investing and Stewardship: The SECs Proposed Greenwashing Rules. We look at five practical steps companies can take to manage these risks, NYSE to Re-Amend its Related Party Transaction Review Rule to Align More Closely with SEC Disclosure Requirements, SEC Focuses on ESG and Climate Disclosure, ISS Announces 2021 Benchmark Policy Updates, Glass Lewis Announces that Companies May Now Provide Response Statements for Inclusion in the Proxy Advisory Firms Voting Recommendations, Glass Lewis Guidelines Update on Virtual-Only Meetings Due to COVID-19, Corp Fin Staff Issues Helpful Proxy Guidance Amid COVID-19 Concerns, BlackRock Calls for Enhanced Sustainability Disclosure and Accountability for Directors, SEC Proposes Rule Amendments to Enhance Regulation of Proxy Advisers, ISS Issues Proxy Voting Guidelines for the 2020 Proxy Season, Glass Lewis Issues Proxy Voting Guidelines for the 2020 Proxy Season, New Staff Legal Bulletin No. The updated rules increase the expectations for gender representation, and expand the field to cover leadership positions and []. Our regional phone numbers are found here. ISS is moving to a 30% minimum requirement in 2022, but only for S&P/TSX Composite issuers, provided that it will generally not recommend a negative vote if the company has a formal written gender diversity policy that includes a commitment to achieve at least 30% women on the board at or prior to the next AGM. Become your target audiences go-to resource for todays hottest topics. All Rights Reserved. Not the case? tug reframe brs This past year, Glass Lewis began noting its concerns where S&P/TSX 60 index companies did not provide adequate disclosure concerning director oversight of E&S issues. Interestingly, ISS has proposed to update its voting guidelines in the US (not Canada) to begin to make similar negative vote recommendations starting in 2023 (therefore providing affected companies with a one-year grace period). The Engagement Solution was launched to support our clients stewardship efforts and regulatory reporting requirements. Proxy Vote Management Software, Proxy Paper Research Reports, Governance Hub, Active Ownership Engagement Solution; Controversy Alerts; Equity Compensation Plan Advisory; Proxy voting policies; M&A and other financial transaction research; regulatory reporting; class-action settlements; share recall support, Glass Lewis Europe Ltd, IVOX Glass Lewis, CGI Glass Lewis, Glass Lewis Corporate (affiliate), This page was last edited on 30 April 2022, at 14:16. Need Help Logging In? We cover 30,000 meetings each year, across approximately 100 global markets. It will also be important on a go-forward basis for companies that are going through the IPO process or are newly-public to be aware that all of their directors will likely receive a withhold recommendation from both ISS and Glass Lewis at their first annual meeting if they put in place certain governance provisions at the time of their IPO. Copyright 2022 Glass, Lewis & Co., and/or its affiliates. engage with the Glass Lewis research team. Pivotal sustainability, social, and governance intelligence included with Glass Lewis Proxy Paper reports allows you to access the latest ESG data and insights to enable ESG-driven proxy voting decisions. SAN FRANCISCO (January 25, 2021) Glass Lewis, the leading provider of independent global governance solutions, announces the launch of the Glass Lewis Governance Hub for Public Companies. San Francisco September 28, 2021 BitSight, the standard in security ratings, [], Glass Lewis launches Engagement Solution enabling investorsto strengthen their stewardship commitment by leveraging Glass Lewis' engagement program that spans over 40 global markets. Senators Request PTO Action on Patent Thickets, How-to guide: Understanding environmental, social and governance (ESG) (UK), How-to guide: What general counsel (GC) need to know about environmental, social and governance (ESG) (UK), Checklist: Supplier contracts and unforeseen events (USA). Public company customers will be able to quickly access the following through the Governance Hub: Glass Lewis is an industry leader in corporate governance with a reputation for providing insightful research and analysis on shareholder proposals. This precedent could encourage future activist shareholders to include past proxy advisor senior executives in their nominee slates to unfairly obtain favorable recommendations. This policy will apply to the compensation, nominating and governance committees and will apply for all listed companies (not just those listed on the TSX). Easy scheduling of complimentary engagement meetings with the Glass Lewis research team. [], Glass Lewis Launches Equity Plan Advisory Service to Enable Public Companies to Design Plans in Line with Shareholder Expectations San Francisco (Oct 18, 2021) Glass Lewis, a leading global provider of research [], Partnership adds BitSight Security Ratings to Glass Lewis Proxy Paper research reports, providing investors with cyber risk insights into over 20,000 companies. [3][4] A large fraction of those investors follow the recommendations of Glass Lewis in lockstep, giving it outsize importance and impact on governance across the corporate sphere. For those outside the S&P/TSX 60, concerns will be noted in 2022 (with the negative voting recommendations being applied in 2023). Access your meetings, research, custom recommendations and ballots. Please check your spam or junk folder just in case A Simplified Solution That Provides Valuable Governance Tools and Resources. Weve partnered with leaders in ESG and cybersecurity to leverage their expertise and data in our Proxy Paper reports, giving you additional insights to make more informed decisions. Glass Lewis will recommend a negative vote against the chairs of the boards key committees if those committees have fewer than two members for the majority of the year.