ISS Requests Comment on Draft Policy Changes
Publication Date: October 30, 2017

ISS is seeking comment from institutional investors, issuers, and other market constituents about 13 discrete voting policies for 2018, three of which apply to companies on U.S. markets: Non-employee Director Pay – ISS would adopt a new policy generally providing for adverse vote recommendations when there is a pattern of excessive non-employee director pay; Gender Pay Gap Proposals – ISS would adopt a new policy clarifying how it will make recommendations about proposals for companies to report whether a gender pay gap exists, and if so, what measures will be taken to address the gap; and Poison Pills – ISS would update its policy and recommend against all board nominees, every year, at companies who maintain a long-term poison pill that has not been approved by shareholders. The policy comment period closes on Nov. 9.