tradingkey.logo

ISS ends diversity considerations for US boardrooms, citing Trump orders

ReutersFeb 11, 2025 3:30 PM

- Top proxy adviser Institutional Shareholder Services said on Tuesday it will no longer consider the gender, race or ethnic diversity of U.S. company boards in its voting recommendations.

In a statement posted on its website ISS cited how in the U.S. "there recently has been increased attention on diversity, equity, and inclusion (DEI) practices, including the issuance last month of Presidential Executive Orders on DEI."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI