, Founded in 2003, Glass Lewis is headquartered in San Francisco and has offices in New York, Washington DC, Kansas City, Ireland, Germany, and Australia.. Access Proxy Papers, Special Reports, Policy Guidelines, and Season Reviews. Publication | Access Proxy Papers, Special Reports, Policy Guidelines, and Season Reviews. With heightened investor scrutiny of shareholder proposals and ESG issues, Glass Lewis research gives you insights and background information into each agenda item, with contextual analysis and data to understand a range of issues, from Say-on-Climate and Net-zero emissions, to companies with poor pay practices or insufficient board gender diversity.
The Marker Hotel, San Francisco, October 20-21 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). Shu, Chong, The Proxy Advisory Industry: Influencing and Being Influenced (January 10, 2022). For companies listed on the TSXV, CSE or NEO exchanges, the requirement is for a minimum of one woman on the board. Public companies around the world use Glass LewisGovernance Hubto access our industry-leadingProxy Paperanalysis and voting recommendations, along with a library of thought leadership on trending executive compensation and ESG topics. United States | Critical cybersecurity information from our partner. Our customers include the majority of the worlds largest pension plans, mutual funds, and asset managers who collectively manage over $40 trillion in assets. Get immediate notification of our Proxy Paper research reports for your company and peers when published. All Rights Reserved.  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. Learn more about announcements from Glass Lewis by reading the press releases below. You should only be asked to sign in once. The next generation search tool for finding the right lawyer for you. Best Practice Principles & Stewardship Codes, Glass Lewis Feedback and Complaints Center, 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, Shopify Shareholders Approve Controversial Founder Share With the Help of the Existing Multiple Voting Shares, Transition Plan Taskforce Highlights Interest in Climate and ESG, Glass Lewis Releases Quarterly Report for Active Ownership Engagement Solution, Understanding Public Company Annual Reports and Proxy Statements, How the War in Ukraine is Impacting Corporate Governance in Russia, UK Diversity: FCA Finalizes New Requirements, and Glass Lewis Updates FTSE Gender Review, Glass Lewis Launches ESG Data Feed Providing Investors Timely Access to Key ESG Data Points. Questions? Our regional phone numbers are found here. Glass Lewis has made clarifying amendments by formalizing certain existing policies and expanding its discussion on others. USC Marshall School of Business Research Paper, Available at SSRN: Learn how and when to remove this template message, "The Competitive Landscape of the Proxy Advice Market | CLS Blue Sky Blog", "Proxy Advisors And Market Power: A Review of Institutional Investor Robovoting", "Instututional Investor Leading Analysts", "Peloton Capital Management and Stephen Smith Acquire Glass Lewis", "Knight Therapeutics April 27, 2019 Press Release", "Medison Tech Website presenting Nominee Biographies", "Glass Lewis 2018 Proxy Paper Guidelines", "How big money can drive diversity in venture capital TechCrunch", https://en.wikipedia.org/w/index.php?title=Glass_Lewis&oldid=1085427990, Business organizations based in the United States, Financial services companies established in 2003, Articles with a promotional tone from October 2019, Creative Commons Attribution-ShareAlike License 3.0. 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. Access Proxy Papers, Special Reports, Policy Guidelines, and Season Reviews. effectively align proxy voting and engagement practices with ESG risk management considerations. We have seen several companies that went public last year receive withhold recommendations from Glass Lewis for all of their directors due to their Post-IPO Governance. Weve got everything you need to confidently manage your governance needs, from governance research to equity compensation models, and all the little details in between. For more information, visit the Governance Hub page. In response to this demand, Glass Lewis is inviting public companies to leverage its one-stop hub with access to Proxy Paper research reports, easy access to industry-leading thought leadership, and shareholder communication tools like the Report Feedback Statement which enables companies to express their opinions on Glass Lewis analysis and voting recommendations, directly to investors. , Knight Therapeutics Board Slate Controversy. In March 2021, Peloton Capital Management, a private equity firm, and Stephen Smith, a financial services entrepreneur, acquired Glass Lewis from Ontario Teachers' Pension Plan and the Alberta Investment Management Corp., In April-May 2019, Glass, Lewis & Co controversially did not recuse itself from issuing voting recommendations in a proxy contest at Knight Therapeutics, a Canadian company. Our partnership with ESG Book means youcan access yourESG Report. it's been delivered there. Make informed decisions based on research and data with access to the Glass Lewis Proxy Paper for your company and its peers, along with ESG Book ESG Reports, Controversy Alerts, and in-depth policy guidelines and thought leadership. Easy scheduling of complimentary engagement meetings with the Glass Lewis research team.
Critical cybersecurity information from our partner, Bitsight, included with Glass Lewis Proxy Paper reports helps you understand how cybersecurity issues may impact governance risks. 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. Pivotal sustainability, social, and governance intelligence included with Glass Lewis Proxy Paper reports allows, to access the latest ESG data and insights to enable ESG-driven proxy voting decisions. With the launch of the Glass Lewis Governance Hub, our goal is to help companies incorporate an improved understanding of the perspectives of their investors into their corporate ESG strategies, stated John Wieck, Glass Lewis Chief Operating Officer. 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. Circuit For Review Of SECs Decision To Disapprove Proposed Bitcoin Exchange-Traded Product, CA Gov. Glass Lewis is also expanding these guidelines to apply to all companies in the S&P/TSX Composite index. (. In November 2008, Glass Lewis acquired Washington Analysis, a political and economic advisory firm based in Washington, D.C. Receive alerts with excerpts of Proxy Papers highlighting the most controversial ESG issues at meetings globally that our institutional investor clients should pay special consideration to prior to voting. Copyright 2006 - 2022 Law Business Research. We have just sent you an email so you can verify your account. We cover 30,000+ meetings each year across approximately 100 global markets. Access Proxy Papers, Special Reports, Policy Guidelines, and Season Reviews. We enable publicly listed companies and institutional investors to make sustainable decisions based on research and data. All Rights Reserved. The updated rules increase the expectations for gender representation, and expand the field to cover leadership positions and . Proxy Paper research reports as soon as they are published. For those outside the S&P/TSX 60, concerns will be noted in 2022 (with the negative voting recommendations being applied in 2023). 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. 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 . The Engagement Solution was launched to support our clients stewardship efforts and regulatory reporting requirements. 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. This solution , Public company filings are one of the primary tools that shareholders use to understand the companies they are invested in. With convenient and easy access to Glass Lewis research and content, the Governance Hub gives you the foresight to optimize your corporate governance programs. If you would like to learn how Lexology can drive your content marketing strategy forward, please email [emailprotected]. Quick access to Glass Lewis Policy Guidelines, thought leadership, and other governance content the minute they are published. 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.  The primary service Glass Lewis provides is research and recommendations for shareholder votes by institutional investors, including a digital platform for managing these votes and reporting. Click here. We have seen a change this year in the application by Glass Lewis of its policy relating to Post-IPO Governance. Need Help Logging In? Intertape, a Montreal and Sarasota, Florida-based packaging products maker, last month agreed to be taken private by Clearlake in a deal valued at $2.6 billion. Details and instructions on how to disable those cookies are set out at, Senior Partner, Canadian Head of Corporate Governance, Washington DC *associate office **alliance, Bankruptcy, financial restructuring and insolvency, Environmental, social and governance (ESG), Information governance, privacy and cybersecurity, firstname.lastname@example.org, email@example.com, Anti-Facilitation of Tax Evasion Statement, Glass Lewis publishes proxy voting guidelines for 2022 AGMs. Download governance content and thought leadership by Glass Lewis research team. 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. In 2022, these warnings will turn into a recommendation to vote against the governance committee chair. More information available at www.glasslewis.com. Our regional phone numbers are found here. Need Help Logging In? Become your target audiences go-to resource for todays hottest topics. Understand your clients strategies and the most pressing issues they are facing.
San Francisco (Nov 11, 2021) -Glass , ESG Book (formerly known as Arabesque) and Glass Lewis announce strategic partnership to deliver sustainability insights for investors and public companies. In September 2006, Glass Lewis acquired Sydney-based proxy advisory firm Corporate Governance International, which then became known as CGI Glass Lewis. 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. Register now to read this article and more for free. Please check your spam or junk folder just in case SAN FRANCISCO (June 7, 2022) Glass , In its new solution, ESG data is aggregated by Glass Lewis near a public companys annual general meeting date, providing institutional investors the timeliest data of its kind in the marketplace SAN FRANCISCO (February 7, , Dec 1, 2021 - Our partner ESG Book (formerly Arabesque) provides a new central source for accessible and digital corporate sustainability information Available for all companies, investors, standard-setters and other stakeholders, ESG Book supports , Unique e-learning program prepares business leaders to oversee climate risk and create sustainable growth strategies for their companies San Francisco (Nov 23, 2021) --Diligent Corporation, the global leader in SaaS governance, risk and compliance (GRC) , Glass Lewis further expands presence in Southern Europe with addition of new regional sales leader and transition of Alembeeks' clients to the Glass Lewis proxy voting and research platform. Review Glass Lewis voting guidelines across each market, available 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. mmediate notification of our Proxy Paper research reports for your company and peers when published. Glass, Lewis & Co. (Glass Lewis) 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. Our regional phone numbers are found here. Attorney Advertising. 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. A Simplified Solution That Provides Valuable Governance Tools and Resources. In the wake of the Rogers litigation, Glass Lewis has updated its guidelines for companies that have a multi-class share structure with unequal voting rights. Need Help Logging In?
All Rights Reserved. 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. As was previously announced, Glass Lewis will generally recommend voting against the chair of the nominating committee of TSX-listed companies if there are fewer than two women on the board, provided the board has seven or more total directors (with a minimum requirement of one woman for boards with fewer than seven directors). This enables us to provide the most comprehensive and pragmatic insights to our customers. September 14-15 However, Heritage Day is neither a nation-wide holiday, nor is it enjoyed by all employees in Alberta. On July 19, the Federal Reserve Board solicited public comment on its proposed LIBOR transition regulations, made pursuant to the LIBOR Act. 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. Our regional phone numbers are found here.
, Until March 2021, Glass Lewis was owned by the Ontario Teachers' Pension Plan, and the Alberta Investment Management Corp. Email or call your local client service representative. Copyright 2022 Glass, Lewis & Co., and/or its affiliates. Looking ahead to 2023, Glass Lewis will require a minimum of 30% gender diversity on boards, rather than stating fixed numbers of directors. 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). And both are going beyond those previously announced changes with additional requirements for next year. 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. The Potential Impact of State Abortion Laws on Reproductive Health Apps, SEC Proposes Further Limitations on Proxy Statement Exclusion of Shareholder Proposals, Grayscale Investments Petitions D.C. Summary data and insights from our partners, Systainalytics, included with our Proxy Paper reports to effectively align proxy voting and engagement practices with ESG risk management considerations. This upcoming August 1 will mark Heritage Day in Alberta, when many Albertans will recognize Canadas diversity and celebrate the nations cultural heritage. Access your meetings, research, custom recommendations and ballots.
With the launch of the Governance Hub, Glass Lewis aims to help public companies gain a deeper understanding of ESG and compensation trends to make decisions for the betterment of their organizations with a lens on long-term revenue generation and increased shareholder value. Obviously, we are nearing the end of annual meeting season for calendar year-end companies. Deliver your opinions on our Proxy Paper research reports directly to our 1,300+ global institutional investor clients. Please click here to read our disclaimer. Environmental, social, and governance (ESG) issues have taken center stage at many public companies. Need Help Logging In? Access your meetings, research, custom recommendations and ballots. We note that Glass Lewis has also expanded its concept of gender diversity on boards to include not only women, but also directors that identify with a gender other than male or female. The research team engages extensively with public companies, investors, regulators, and other industry stakeholders to gain relevant context into the realities surrounding companies, sectors, and the market in general. Glass Lewis has published its Canadian proxy voting guidelines for 2022. (Note: Press Release has been updated to reflect Arabesque name change to ESG Book.) Addressing recent remand orders and decisions, the vaccine mandate, updates by multiple state-run OSHA programs and more. (Note: the data review program is currently applicable in North America, Europe and some Asian markets. Glass Lewis is the leading independent provider of global governance solutions. 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. The key changes for the upcoming shareholder meeting season relate to board gender diversity, board committee composition, environmental and social risk oversight and multi-class share structures. All Rights Reserved. Copyright 2022 Glass, Lewis & Co., and/or its affiliates. Not the case? Keep a step ahead of your key competitors and benchmark against them. However, if a company that went public last year has not yet held its annual meeting, it should be aware of this development. , 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. Please contact [emailprotected]. Meet your shareholder expectations and build an equity plan that is in line with. financial exposure to direct environmental and social risks associated with the companys operations (ex: spills, explosions, inadequate human rights policies); risk due to changes in legislation and regulation that may affect current and planned operations; governance risk stemming from inadequate oversight of environmental and social issues. When it went public in 2015, Shopifys multi-class structure was fairly standard for an , In recent years, an increased focus on sustainability-related issues has caused even the most mainstream investors to question whether companies are effectively addressing the potential risks posed by their operational impact on environmental, social and , Glass Lewis has published its Q1 2022 engagement report for clients subscribing to our Active Ownership Engagement Solution. Report Feedback Statement to deliver unedited opinions on Glass Lewis research and recommendations directly to Glass Lewis institutional investor customers. All Rights Reserved. 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). 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. best practices with the Equity Compensation Plan Advisory service. , included with Glass Lewis Proxy Paper reports helps you understand how cybersecurity issues may impact governance risks.