{"id":52884,"date":"2024-12-09T14:49:33","date_gmt":"2024-12-09T19:49:33","guid":{"rendered":"https:\/\/allianceadvisors.org\/?p=52884"},"modified":"2025-07-03T18:12:58","modified_gmt":"2025-07-03T22:12:58","slug":"glass-lewis-publishes-2025-canadian-policy-updates","status":"publish","type":"post","link":"https:\/\/allianceadvisors.org\/es\/glass-lewis-publishes-2025-canadian-policy-updates\/","title":{"rendered":"Glass Lewis Publishes 2025 Canadian Policy Updates"},"content":{"rendered":"
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Glass Lewis Publishes 2025 Canadian Policy Updates<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n[\/vc_column_text][vc_column_text align=»left» css=».vc_custom_1732032695446{padding-top: 20px !important;padding-right: 30px !important;padding-bottom: 20px !important;padding-left: 30px !important;background-color: #f5b335 !important;border-color: #f5b335 !important;}» width=»600px» color=»#393939″ font_weight=»600″ line_height=»tight» font_size=»d:lg|pp:16px»]By Shirley Westcott[\/vc_column_text]

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Proxy advisor<\/a> Glass Lewis has issued 2025 updates to its Canadian benchmark policy¹ and its benchmark policies on shareholder proposals and environmental, social and governance (ESG) issues. The revised guidelines are effective for annual meetings on or after Jan. 1, 2025.<\/p>\n

The changes, which are summarized below, primarily address artificial intelligence (AI)–specifically board oversight and shareholder proposals—as well as the format of shareholder meetings<\/a> and the disclosure of directors’ skills and experience. Glass Lewis also clarified its approach to problematic executive pay factors and the number of meetings held by governance committees.<\/p>\n

Board Oversight of AI<\/h3>\n

In view of the rapid development and adoption of AI technologies, Glass Lewis has added a new section to its guidelines on its approach to AI-related risk oversight.<\/p>\n

Glass Lewis believes that all companies that develop or employ the use of AI in their operations should provide clear disclosure on how the board is overseeing AI and expanding directors’ collective expertise and understanding in this area. Where there is evidence that inadequate management of AI technologies has resulted in material harm to shareholders, Glass Lewis may recommend against the responsible directors or other matters up for a shareholder vote.<\/p>\n

Shareholder Proposals on AI<\/h3>\n

Glass Lewis has added a section to its global benchmark policies on its approach to shareholder proposals dealing with companies’ use of AI in their operations and any ethical considerations. It evaluates such proposals on a case-by-case basis, taking into account the following:<\/p>\n