Issuer Data Report
Verify the data used by Glass Lewis before we published our analysis and recommendations. Registered companies have up to 48-hours to review and provide feedback.
Enhanced Transparency, Greater Accuracy
Launched in 2015, the issuer data report (IDR) program was piloted in the United States and expanded the following year to companies in Europe and Canada. Since then, we have expanded further to include Japan, Israel, Malaysia, Singapore, India and South Africa. Please note that the IDR program is only available for Glass Lewis research; it is not provided for Proxinvest or IVOX research.
Registered public companies have up to 48-hours to review the key data points used by Glass Lewis in its analysis of your annual general meeting, prior to publication of the final Proxy Paper. While the IDR does not contain Glass Lewis’ analysis or voting recommendations, the data points included are critical inputs for Glass Lewis’ analysis. Issuers registered for the IDR can confirm their company data is accurately reflected per disclosure made publicly available to shareholders.
Data and ratings provided by Glass Lewis partners is not included in the IDR.
Glass Lewis’ data used for proprietary ESG scores
For companies covered under Glass Lewis’ new ESG profile, a subset of the data points provided in the ESG profile and used to determine the score are provided within our Issuer Data Report (IDR).
Registration Required
Companies which have not previously participated can complete a one-time registration. Companies are eligible to participate where their primary listing is in one of the markets in our IDR coverage list. Registration auto-renews annually unless a company representative notifies us of the company’s wish to withdraw.
Disclosure Deadline
Glass Lewis solely guarantees IDRs for companies which disclose their meeting documents at least 30 days in advance of their meeting date. Where companies do not publicly disclose their meeting materials by the deadline, Glass Lewis’ research team reserves the right to defer the company’s participation to next year’s program.
Simple Process
Companies that meet the disclosure deadline will have up to 48-hours to review data and provide suggested updates. Our analysts review returned feedback, make relevant updates & provide high-level details of amendments made. In absence of feedback by the deadline, we will proceed with publishing our final report.
FAQs
Glass Lewis is dedicated to developing high quality, accurate corporate governance research based on publicly available information. Our reliance on publicly available information ensures our reports reflect the most current and accurate data available to shareholders about each public company. In addition to this, we recognize that constructive engagement with issuers enhances the quality of our research. Glass Lewis’ IDR program facilitates greater transparency with the companies we write about and improves the accuracy in our reports; it is a vital component of our ongoing issuer engagement initiative.
Glass Lewis intends to roll out IDRs globally; however, to ensure the success of the program and our ability to properly respond to issuer questions and feedback, the expansion will be gradual.
No; IDRs are free of charge for participating issuers.
Yes; companies must complete a one-time registration to participate and be listed in a market where the IDR is currently available. IDRs will only be guaranteed for companies that have released all proxy materials at least 30 days before the shareholder meeting date. Companies that meet the disclosure deadline will have up to 48-hours to review data and provide suggested updates. In absence of feedback by the deadline, we will proceed with publishing our final report.
The IDR service is currently available for the following markets:
- U.S. companies listed on the NASDAQ and NYSE exchanges
- Canadian companies listed on the TSX or TSXV exchanges
- European companies listed on a main market segment of a primary stock exchange
- Israeli companies listed on the Tel Aviv stock exchange
- Japanese companies listed on the Tokyo Stock exchange
- Indian companies listed on the Bombay Stock exchange
- Singaporean companies listed on the Singapore exchange
- South African companies listed on the JSE exchange
- Malaysian companies listed on the Bursa Malaysia
No. The IDR program is only available for Glass Lewis research.
No. Data and ratings provided by Glass Lewis partners is not included in the IDR. Please refer to the information at the bottom of this page for details of how to review partner data directly with the provider.
No; IDRs are solely available for annual general meetings, not for special or extraordinary meetings including proxy contests, mergers or meetings with particularly contentious issues.
Glass Lewis analysts review comments submitted by companies and determine whether the company has identified a factual inaccuracy or relevant omission. High-level feedback is returned to the issuer, in response to their comments/corrections. Errors which are confirmed by publicly available information, are corrected in advance of publication. We encourage companies to review our publicly available Policy Guidelines which are used to develop our analysis.
The IDR is intended to provide issuers with a comprehensive snapshot of Glass Lewis’ corporate governance analysis. Our research team is prohibited from holding meetings during the solicitation period or during the busy proxy season; however, Engagement meetings with Glass Lewis may be scheduled outside of these periods. For more information, please see our Engagement Policy page.
The final Proxy Paper is available for purchase, as part of a Governance Hub subscription, at any time before or after publication to Glass Lewis clients.
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Learn how you can verify the underlying data points of our research, engage with the Glass Lewis research team, or report questions or concerns regarding our research.
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Data and ratings provided by Glass Lewis partners is not included in the IDR. Data verification for third party content can be completed at any time and directly with the provider.
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Performance Ratings
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Security Ratings
Understand how cybersecurity issues may impact governance risks. Complete our form for public companies. Select “Get Preview Report for My Organization“ for access to data that will be incorporated into our report. Select “Gain Access to BitSight Platform” for access to underlying forensic data that Ratings are based on.
Sustainalytics
ESG Insights
Summary data and insights from our partners, Systainalytics, included with our Proxy Paper reports to effectively align proxy voting and engagement practices with ESG risk management considerations. Send all questions to asgl@sustainalytics.com