{"id":36811,"date":"2022-11-10T11:56:16","date_gmt":"2022-11-10T16:56:16","guid":{"rendered":"https:\/\/allianceadvisors.com\/iss-proposed-policy-updates-for-2023-diversity-governance-and-accountability\/"},"modified":"2025-02-27T15:20:32","modified_gmt":"2025-02-27T20:20:32","slug":"iss-proposed-policy-updates-for-2023-diversity-governance-and-accountability","status":"publish","type":"post","link":"https:\/\/allianceadvisors.com\/es\/iss-proposed-policy-updates-for-2023-diversity-governance-and-accountability\/","title":{"rendered":"ISS Proposed Policy Updates for 2023: Diversity, Governance and Accountability"},"content":{"rendered":"

On Nov. 4, 2022, ISS ISS proposed policy updates for 2023. ISS is inviting comments through Wednesday, Nov. 16. Below is a summary of the updates planned for the U.S. market.<\/p>\n

Board Gender Diversity<\/strong><\/p>\n

As announced last year, in 2023. 1 <\/span>ISS will be extending its board gender diversity policy to all U.S. public companies and foreign private issuers (FPIs). 2 <\/span>Currently, it only applies to Russell 3000 and S&P 1500 companies. Under the policy, ISS will recommend against the nominating committee chair (or other directors on a case-by-case basis) if there are no women on the board.<\/p>\n

ISS is also adding a one-year grace period for companies that have no female directors but disclose at least one board member who identifies as non-binary.<\/p>\n