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Eva Pao – ISS and Glass Lewis Weigh In On ESG

The incredibly influential proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis provide institutional investors with vote recommendations regarding proxy voting proposals, traditionally in governance and executive compensation. Lately, they have veered into weighing in on ESG proposals where they seem to have adopted a decidedly political, less fact-based view in their recommendations. A group of 22 state treasurers sent a letter to ISS and Glass Lewis asking for an analysis that explains their support for shareholder resolutions that compel companies to pursue these public policy aims. I want to know the response.–QkK?utm_source=share&utm_medium=member_desktop

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