Companies Can Note Changes Through December 5
ROCKVILLE, Md. (November 6, 2023) — Institutional Shareholder Services Inc. (“ISS”), the leading provider of end-to-end corporate governance and responsible investment solutions to the global financial community, today announced the scheduled November 20 opening of its peer group submission window for impacted corporations in the U.S., Canada, and Europe.
As part of ISS’ peer group construction process, on a semi-annual basis, corporations are requested to submit changes they have made to their self-selected peer groups for their next proxy disclosure. ISS considers companies’ self-selected peer groups as an important input as part of its own peer group construction methodology.
The pending ISS peer submission window will be available for U.S. and Canadian companies with annual meetings slated to be held between January 15, 2024, and September 30, 2024; and for European companies with meetings anticipated between February 1, 2024, and January 31, 2025. Submissions should reflect peer companies used (or to be used) by the submitting company for pay-setting for the fiscal year ending prior to the company’s next upcoming annual meeting.
The window for submissions will open at 9:00am ET on Monday, November 20, 2023, and will close at 8:00pm ET on Tuesday, December 5, 2023.
Companies that have made no changes to their previous proxy-disclosed executive compensation benchmarking peers, or companies that do not wish to provide this information in advance, are under no obligation to participate. For companies that do not submit any information, the proxy-disclosed peers from the company’s last proxy filing will automatically be factored into ISS’ peer group construction process.
Additional information on the ISS peer submission process, including links to ISS’ current peer selection methodology for the U.S., Canada, and Europe is available on the ISS website here.
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About ISS
Founded in 1985, Institutional Shareholder Services group of companies (ISS) empowers investors and companies to build for long-term and sustainable growth by providing high-quality data, analytics and insight. ISS, which is majority owned by Deutsche Börse Group, is a leading provider of corporate governance and sustainable investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally. ISS operates on an arm’s-length basis and Deutsche Börse Group has adopted Principles protecting the independence and integrity of ISS’ research offerings. ISS’ 3,000 employees operate worldwide across 25 global locations in 15 countries Its more than 3,400 clients include many of the world’s leading institutional investors who rely on ISS’ objective and impartial ESG and governance research, market intelligence and fund services and data and analytics, as well as public companies focused on ESG and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS’ expertise to help them make informed investment decisions.
Media Contact:
Corey Whipple
Communications Analyst
press@issgovernance.com
ISS Announces Peer Group Submission Window to Open November 20
Companies Can Note Changes Through December 5
ROCKVILLE, Md. (November 6, 2023) — Institutional Shareholder Services Inc. (“ISS”), the leading provider of end-to-end corporate governance and responsible investment solutions to the global financial community, today announced the scheduled November 20 opening of its peer group submission window for impacted corporations in the U.S., Canada, and Europe.
As part of ISS’ peer group construction process, on a semi-annual basis, corporations are requested to submit changes they have made to their self-selected peer groups for their next proxy disclosure. ISS considers companies’ self-selected peer groups as an important input as part of its own peer group construction methodology.
The pending ISS peer submission window will be available for U.S. and Canadian companies with annual meetings slated to be held between January 15, 2024, and September 30, 2024; and for European companies with meetings anticipated between February 1, 2024, and January 31, 2025. Submissions should reflect peer companies used (or to be used) by the submitting company for pay-setting for the fiscal year ending prior to the company’s next upcoming annual meeting.
The window for submissions will open at 9:00am ET on Monday, November 20, 2023, and will close at 8:00pm ET on Tuesday, December 5, 2023.
Companies that have made no changes to their previous proxy-disclosed executive compensation benchmarking peers, or companies that do not wish to provide this information in advance, are under no obligation to participate. For companies that do not submit any information, the proxy-disclosed peers from the company’s last proxy filing will automatically be factored into ISS’ peer group construction process.
Additional information on the ISS peer submission process, including links to ISS’ current peer selection methodology for the U.S., Canada, and Europe is available on the ISS website here.
###
About ISS
Founded in 1985, Institutional Shareholder Services group of companies (ISS) empowers investors and companies to build for long-term and sustainable growth by providing high-quality data, analytics and insight. ISS, which is majority owned by Deutsche Börse Group, is a leading provider of corporate governance and sustainable investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally. ISS operates on an arm’s-length basis and Deutsche Börse Group has adopted Principles protecting the independence and integrity of ISS’ research offerings. ISS’ 3,000 employees operate worldwide across 25 global locations in 15 countries Its more than 3,400 clients include many of the world’s leading institutional investors who rely on ISS’ objective and impartial ESG and governance research, market intelligence and fund services and data and analytics, as well as public companies focused on ESG and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS’ expertise to help them make informed investment decisions.
Media Contact:
Corey Whipple
Communications Analyst
press@issgovernance.com
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