Glass Lewis is pleased to announce the release of 2016 proxy season guidelines for the United States and Canada, as well as for our approach to evaluating shareholder initiatives.

Guidelines for additional markets will be released over the next several weeks.

The guidelines are a detailed overview of the key policies Glass Lewis applies when analyzing companies in individual markets. We evaluate these guidelines on an ongoing basis and formally update them annually. Some of the key areas with changes for 2016 are noted below:

United States

  • Conflicting management and shareholder proposals
  • Exclusive forum provisions for IPO companies
  • Environmental and social risk oversight
  • Nominating committee performance
  • Director overboarding policy
  • Compensation updates

Canada

  • Dual-listed companies
  • Environmental and social risk oversight
  • Proxy access
  • Exclusive forum provisions
  • Director overboarding policy
  • Audit committee over-commitment for TSX venture issuers
  • Nominating committee performance
  • Director Quorum Requirements

Shareholder Initiatives

  • Conflicting management and shareholder proposals
  • Board oversight of environmental and social risks
  • Reporting and reducing greenhouse gas emissions

For full details please see the complete policy guidelines.

Selected guidelines are available for review on the Guidelines page of our website.

All guidelines are available to clients through www.glasslewis.net or through Client Services