ROCKVILLE, Md. (October 26, 2020) – Institutional Shareholder Services Inc. (“ISS”), a leading provider of corporate governance and responsible investment solutions to the global financial community, today announced the launch of its ISS Engagement Letter Writing Solution, a flexible, dynamic tool to support investors’ own stewardship engagement strategies in compliance with global regulations and best practice frameworks such as SRD II, PRI and local market stewardship codes.
Powered by ISS ProxyExchange, the solution efficiently supports investor clients in creating client-branded, tailored engagement letters, specific to the investor’s own policies, focus lists, engagement parameters and needs in various contexts. Examples of investor use-cases include investor-policy-specific letters seeking company engagement with regard to all potential votes against directors at companies in the investor’s global portfolio; changes in executive compensation policies and practices; board diversity; audit quality; and shareholder resolutions.
Lorraine Kelly, Head of ISS Governance Solutions said: “The ISS Engagement Letter Writing Solution delivered via ISS’ proprietary ProxyExchange platform provides an innovative market offering, delivering practical support and customization for investors exercising their own stewardship engagement strategies in light of SRD II and other regulatory compliance obligations.”
The ISS Engagement Letter Writing Solution provides sophisticated, time-saving features that consolidate a comprehensive range of customizable, granular data points, to empower investors through each step of the engagement lifecycle. The solution includes local language templates to support investors’ global stewardship strategies.