ISS' Arbitrary And Capricious Assessment Of Board Diversity
By EsqSocial Corporation 19/05/21
Last week, Liz Dunshee at TheCorporateCounsel.net noted that ISS has updated its policies and procedures to explain how it assesses racial and ethnic diversity. Currently, ISS considers board diversity in making voting recommendations for two of its specialty policies: Socially Responsible Investing (SRI) and Catholic Faith-Based. Beginning in 2021, ISS, under its U.S. Benchmark policy, began identifying companies United States companies that have no apparent racial or ethnic diversity amongst...
By: Allen Matkins