Institutional Shareholder Services Inc. (ISS) was founded in 1985 with the goal of promoting good corporate governance and raising the level of active and informed proxy voting among institutional investors.
In 1986, ISS launched its proxy advisory service to assist institutional investors in fulfilling their fiduciary obligations by providing comprehensive proxy analyses and in 1992 was first-to-market with agency voting services.
Since its inception, ISS has worked with a broad cross-section of stakeholders to provide expert guidance and leading solutions that help shareholders manage portfolio company governance risk and drive value. ISS has over its history successfully managed a number of transformations; however, its fundamental mission has remained constant: Empowering investors and companies to effectively manage governance, environmental and social opportunities and risks to realize long-term value.
ISS, which pioneered the development of policy-based proxy voting recommendations and online voting, is today a recognized global leader in corporate governance solutions, providing the broadest research coverage in the industry, extensive experience in policy development, and end-to-end proxy voting and distribution solutions. ISS has expanded its offerings over the years to include turnkey securities class-action claims management, governance scores, and, most recently, governance data and modeling tools to support investment decision-making and engagement within portfolio companies. ISS is unique in its offering of comprehensive, stand-alone ESG solutions that enable investors to develop and integrate responsible investing policies and practices into their investment decisions, inform company engagements, and execute upon these policies through end-to-end voting.
ISS also provides corporations tools to effectively manage their governance practices through its wholly-owned subsidiary, ISS Corporate Solutions, Inc. (ICS). Founded in 1997, ICS operates independently of ISS.
In October 2017, Genstar Capital acquired ISS from Vestar Capital Partners. Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for more than 25 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. For more information on Genstar, please visit www.gencap.com.