Proxy voting: Impact in Canada of ESG changes in the U.S

By Bill Gilliland ( November 24, 2025, 1:29 PM EST) -- In response to regulatory pressures in the United States and shifting stewardship priorities among their clients, including in respect of environmental and diversity, equity and inclusion matters (ESG and DEI), in October 2025, both Glass, Lewis & Co. (Glass Lewis) and Institutional Shareholder Services Inc. (ISS) announced a shift in their global proxy voting policies away from standardized benchmark proxy voting recommendations to customized recommendations tailored to each investor’s priorities, including in respect of DEI and environmental matters....