/PRNewswire/ CCRcorp is thrilled to announce the launch of its PracticalESG.com membership site, which provides expanded subscription-based content to.
/PRNewswire/ CCRcorp is thrilled to announce the launch of its PracticalESG.com membership site, which provides expanded subscription-based content to.
Wednesday, May 19, 2021
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 directors. For shareholder meetings after February 1, of next year, ISS will make adverse vote recommendations based on a lack of apparent racial/ethnic diversity.
ISS classification scheme (available here) lists numerous racial and ethnic categories. Persons who did not fall within any of these categories default into the Caucasian/White category. ISS classifies Caucasian/White persons as non-diverse for purposes of its voting policy.