ISS-Corporate

As part of our #DataInFocus series, ISS-Corporate looked at trends in director independence on U.S. corporate boards. Long considered one of the pillars of good corporate governance, board independence has been on the rise in recent years. Flip through the slides for our full analysis. #CorporateGovernance #BoardofDirectors 

U.S. CEOs have been significantly better compensated for their work than their U.K. and European peers for many years, and even a recent jump in British executive salaries has done little to close that gap. With U.S. incentive awards rising sharply, more voices in Europe are challenging a status quo that they say limits their ability to recruit top talent. In this report ISS-Corporate examines the differences in CEO compensation between U.S. executives (S&P 500) and their peers in the U.K. (FTSE 100) and Europe (STOXX 600) amid calls for a more level playing field. While U.S. CEO salaries were somewhat higher than those in Europe, the much greater difference comes from long-term incentive awards. U.K CEOs received about a third of the total compensation of their U.S. counterparts, while STOXX 600 CEOs took home less than a quarter. Some British companies, especially those with significant U.S. exposure, are beginning to propose pay packages that more closely resemble those received by American executives. Go here to read the full story by ISS-Corporate Managing Director and Head of EMEA and APAC Advisory Stephan Costa-Stegmueller and Associate Vice Presidents, EMEA Advisory Karla Silva and Yan Xu: https://lnkd.in/gPDn7dRn Find out more about our executive compensation solutions here: https://lnkd.in/ek3HXfcb #ExecutiveCompensation #CorporateGovernance #FTSE100

ISS-Corporate's recent webinar, The replay of ISS-Corporate’s webinar, Cyber Risk Disclosure Trends: How are the New SEC Rules Changing Corporate Behavior?, is available for viewing. In the final part of our Decoding Cyber Risk webinar series, our thought leaders explore key topics such as cyber risk/breach incident trends, public company considerations, R3K risk analysis and more. In this clip, Paul Otto, Cybersecurity and Privacy Partner at Hogan Lovells, highlights Form 8-K and Form 10-K, two key components of the new SEC cyber disclosure rules. Download the full webinar here: https://lnkd.in/gmJPkFvm #CyberRisk #Cyber #Corporates

Cyber risk management is a growing corporate governance priority amidst increasing threats of attacks and strengthening government regulation. What steps are companies taking to bolster their cyber defenses, and are they sufficient? ISS-Corporate examined corporate cyber disclosures over the last three years, focusing on key datapoints that indicate strong cyber risk management practices including employee training programs, board briefings, information security expertise among board members, supply chain risk management and materiality assessment frameworks. The trends show that both large and small U.S. companies are taking more steps to contain cyber threats, though adoption of best practices is far from universal. While new U.S. Securities and Exchange Commission rules require companies to disclose board and management involvement in the oversight of cyber risks , they do not require any specific practices or levels of diligence; yet the disclosure requirement is driving many firms to improve their posture. Go here to read the full blog post by ISS-Corporate’s Ramy S. Ibrahim, CFA, Associate Director, Product Manager, ESG, Data Analytics & Financial Solutions, Douglas Clare, Managing Director, Cyber Strategy and Sandra Herrera Lopez, Vice President, Data Analytics Research: https://lnkd.in/gDWQyQJa Find out more about ISS-Corporate’s cyber risk solutions here: https://lnkd.in/eGn-9c9X #Cybersecurity #CorporateGovernance #Technolgy 

Many Canadian corporates use a certain number of U.S. companies for peer comparisons in their executive pay decisions. This has raised some concern among investors as U.S. executives receive higher pay on average. ISS-Corporate looked into why Canadian companies include U.S. counterparts in their peer groups and whether such comparisons may be used improperly to inflate pay packages. While the overall proportion of U.S. companies used in peer groups has changed little over the last six years, there are wide variations between industries. We found that many of the Canadian companies need to look across the border for valid comparisons because they are competing with U.S. counterparts for talent and because there are too few Canadian counterparts to form a robust peer group of similar businesses. Go here to read the full report by ISS-Corporate’s Ted Seaton, Vice President, Compensation & Governance Advisory: https://lnkd.in/g7Vj6Eve Find out more about ISS-Corporate’s executive compensation solutions here: https://lnkd.in/ek3HXfcb #CEOpay #ExecutiveCompensation #Canada

Employee turnover is increasingly considered a key performance indicator of human capital management, with growing interest among internal and external stakeholders at corporations for reporting and managing against this metric. As many companies prepare to submit their first disclosures in accordance with ESRS in 2025, they may consider ESRS S1, which covers an entity’s own workforce, and which derives turnover from “the aggregate of the number of employees who leave voluntarily or due to dismissal, retirement, or death in service.” Furthermore, investors may recognize risk in companies that have high employee turnover relative to their industry peers or compared to historical trends, as evidenced by the recommendations of the Human Capital Management Coalition (an investor group), which recommends employee turnover as one among the four human capital management foundational disclosures that companies can provide. In a new blog post, ISS-Corporate reviews corporate disclosures in relation to employee turnover to identify major trends on how companies communicate this information to their key audiences. We also discuss human capital management best practices companies can implement to improve employee retention. Read the full post by Sustainability Advisory Senior Associates Daniel S. Feinberg, Ph.D. and Nick Kraft and Head of Sustainability Advisory - Americas, Kosmas Papadopoulos, CFA: https://lnkd.in/gV5_gUsi #SustainabilityDisclosures #EmployeeTurnover #ESRS

In anticipation of the upcoming U.S. proxy season, ISS-Corporate looked to key shareholder proposal themes and voting trends from the 2024 season for insights. Flip through the slides for our analysis. For more on our Corporate Governance solutions, go to: https://lnkd.in/ejNA5hhV #CorporateGovernance #ShareholderProposals

The January 2025 edition of ISS-Corporate's sustainable finance market highlights, a roundup of key market and regulatory highlights, is now live. Go here to read the full blog post by Damaso Zagaglia, Associate Vice President, Sustainable Finance Business Development, and Ioana Bejan, Associate Vice President, Team Lead, Sustainable Finance Research: https://lnkd.in/gjgmiW6i Subscribe to ISS-Corporate's quarterly sustainable finance market highlights newsletter here: https://lnkd.in/gKdf37DX #SustainableFinance #SPO #GreenBonds

Don't miss ISS-Corporate's U.S. proxy advisor policy updates and 2025 season expectations webinar, happening tomorrow. Tune in as ISS-Corporate Advisory team experts Valeriano Saucedo, Christian Darmanin, Hari Bhatt, and Rudy Kwack, CFA, FRM review the key voting policies and trending topics in governance, compensation, and sustainability that are expected to shape this year's annual meeting season. Register here: https://lnkd.in/gBFe83v6 Please note this presentation is only open to corporate issuers. #CorporateGovernance #ExecutiveCompensation

Join ISS-Corporate next Wednesday, January 29th for a webinar covering proxy advisor policy updates for Canada along with expectations for the 2025 meeting season. ISS-Corporate Advisory team experts D. Chandana "Chan" Pedris, Ted Seaton, Caterina Tantalo, PhD, and Stephanie Hollinger will review key voting policies and give key insight into topics expected to shape this year's annual meeting season in the sustainability, governance, and compensation realms. Learn more and register here: https://lnkd.in/gMWN7pWt Please note this presentation is only open to corporate issuers. #CorpoarteGovernance #ExecutiveCompensation #Canada