“A Summary of Certain Proxy Advisory Firm and Institutional Investor Board Diversity Policies” from Bass Berry & Sims provides a helpful summary of select institutional investor and proxy advisor published policies, perspectives, and expectations on board diversity-related proxy voting and engagement as of March 24, 2020. In addition to ISS and Glass Lewis, coverage includes BlackRock, State Street (SSGA), Vanguard, the New York State and City Comptrollers, JP Morgan, Fidelity, Goldman Sachs (GSAM), CalPERS, and CalSTRS.
Relatedly, among other helpful insights, data, and intelligence on a wide range of trending environmental and social topic-focused shareholder proposals including say-on-climate, political contributions, lobbying alignment with climate change policies, workforce diversity, and corporate purpose/PBCs, Alliance Advisors' "2021 Proxy Season Preview" includes a summary of proxy advisor and select institutional investor policy updates/changes on board diversity. Institutional investor board diversity policy coverage includes State Street (SSGA), Fidelity, Vanguard, Goldman Sachs (GSAM), Legal & General (LGIM), Massachusetts Pension Reserves Investment Board (PRIM), the New York State Common Retirement Fund (NYSCRF) and Calvert Research & Management.
Access numerous additional resources on our Shareholder Proposals, Proxy Season 2021, Institutional Investors, and Board Diversity pages.
This post first appeared in the weekly Society Alert!