On March 9, Institutional Shareholder Services Inc. published its new specialty Climate Proxy Voting Guidelines. The U.S. Climate Voting Policy builds on ISS’s general 2020 U.S. Proxy Voting Guidelines, published on November 18, 2019, with key differences with respect to failure to adequately address climate-related risks, realize climate-related opportunities and improve climate-related performance; other “ESG” failures; and climate-related, human rights and other environmental/social proposals. The Appendix shows a side-by-side comparison of the Climate Voting Policy and General Voting Policy.