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Glass Lewis Policy Update: Reports Will Identify Directors With E&S Oversight

By Randi Morrison posted 04-19-2018 12:09 AM

  

Glass Lewis's 2018 policy updates include identifying in its reports S&P 500 company directors who have been assigned specific oversight of E&S issues at the committee level.

Its 2018 Proxy Season Preview elaborates:

Glass Lewis believes that companies should identify and mitigate, to the best extent possible, material risks related to environmental and social issues. A key aspect of ensuring that these issues receive the appropriate priority at the board level is by providing board level oversight of environmental and social issues. Accordingly, in the coming year, Glass Lewis will begin to capture the directors who have been assigned specific oversight of environmental and social issues at the committee level. Capturing and displaying this data will help investors in ensuring that boards are adequately managing and responding to risks related to environmental and social issues.

Access Glass Lewis's 2018 proxy guidelines, and additional proxy advisor resources here. This post first appeared in last week's Society Alert!

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