Proxy advisory firm Institutional Shareholder Services, Inc.
("ISS") recently rolled out an updated version of its
governance rating system called QuickScore 3.0. In connection
with QuickScore 3.0's roll out, ISS will open a free data
verification site 1 to all covered corporate issuers to
correct factual errors in company data used in ISS'
ratings. In order to update data prior to QuickScore
3.0's launch, companies must provide feedback through the
verification portal beginning November 3rd and
no later than November 14th. The new
governance ratings under QuickScore 3.0 will be included in proxy
research reports starting November 24th.
QuickScore 3.0 includes new and updated data points to provide
for broader and deeper portfolio coverage. ISS has released a
technical document that details the changes to QuickScore along
with an appendix that shows the new QuickScore factors by region,
both of which are available on ISS' website.2 Since
the QuickScore methodology
