Now Available: Company Verification of its GRId 2.0 Profile
Today, February 20, ISS has posted a preview of its updated GRId 2.0 data profiles for U.S. companies. Company representatives can access the GRId profile (for free) through the ISS data verification site to review the information and alert ISS as to any mistakes or other areas for corrections. To obtain a data verification user name and password if you do not already have one, contact ISS by email at support@isscorporateservices.com or call 301 556 0570.
As we previously discussed, GRId 2.0 adds many new questions, particularly in the compensation area, and adjusts the scoring system. For the first time, actual scores in each of the categories of Board, Compensation, Audit and Shareholder Rights, will be displayed in addition to the overall “high,” “medium,” or “low” system. A copy of the lengthy technical document with all the questions being scored is available here.
The revised GRId score will be available for the entire GRId universe of US companies, largely the Russell 3000 companies, on Monday, February 27. ISS will make the data available for the Yahoo Finance page of companies on March 1 (a company’s GRId score can be found under Business Summary - Company Profile on its Yahoo Finance page). A page showcasing the GRId data is also part of a company’s ISS annual meeting voting recommendation report.