Glass Lewis to end benchmark voting recommendations on proxy issues
NeutralFinancial Markets

Glass Lewis, a prominent advisory firm, has announced it will discontinue its benchmark voting recommendations on proxy issues. This decision comes in response to criticism regarding its approach to diversity and environmental criteria. Instead of a one-size-fits-all recommendation, Glass Lewis plans to provide multiple perspectives, allowing clients to make more informed decisions. This shift is significant as it reflects the growing demand for nuanced approaches to corporate governance and social responsibility.
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