ISS Announces 2018 Benchmark Policy Updates
Publication Date: November 23, 2017

Institutional Shareholder Services (ISS) recently released the 2018 updates to its benchmark proxy voting guidelines, which focus on environmental, social, and governance matters, for the Americas, EMEA, and Asia-Pacific regions. The updates will generally be applied for shareholder meetings on or after February 1, 2018 and include, among other things, updates with respect to non-employee director pay, gender pay gap proposals, and poison pills. Among the updates, ISS will now recommend an adverse vote "on the re-election of board members responsible for approving/setting non-executive director (NED) compensation when there is a recurring pattern (i.e., two or more consecutive years) of excessive NED pay without a compelling rationale or other mitigating factors."

Read more here >>

Read the 2018 Executive Summary here >>

Read the 2018 Full ISS Report here >>