Between health and safety concerns, economic uncertainty and a heightened focus on social justice, businesses are tackling new human capital challenges and initiatives this year and into the future. This is important to consider as investors and their advisers evaluate board progress on overseeing environmental, social and governance (ESG) issues, as well as perennial hot topics like executive compensation.
To explore the latest regulatory updates and expectations for the 2021 proxy season, Eric Shostal, SVP Research and Engagement at Glass Lewis & Co, recently spoke to David Eaton, associate partner in the governance practice for Aon’s human capital business (and a Glass Lewis alumnus himself).
Eric and David discussed a range of topics, including how Glass Lewis is approaching proxy statement review, what we will be focusing on in the current climate and how firms are setting the bar higher for inclusion and diversity in 2021 and beyond. The conversation provides insights into the evolution of investor expectations regarding board composition and accountability, the growing focus on human capital management, and the near-term landscape for governance in the midst of a pandemic.