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Proxy advisory firms Institutional Shareholder Services (ISS)
and Glass, Lewis & Co. (Glass Lewis) recently published updated
guidelines governing shareholder meetings for the 2021 proxy
season. The ISS Benchmark Policies for Canadian issuers
and Glass Lewis Guidelines focused on key issues,
including gender diversity, environmental and social risk
oversight, board refreshment, and other corporate governance
matters.
These updates come in addition to the recent guidelines by ISS and Glass Lewis published in response to the
COVID-19 pandemic.
Board Diversity
Glass Lewis has provided that board of directors with less than