Executive Rewards and Board Advisory Services
Corporate Governance and ESG Consulting
Practice Overview
Aon is home to a team of corporate governance professionals who work directly with boards of directors and senior management teams at both private and public companies to develop governance policies; build environmental, social and governance (ESG) strategies; and manage key stakeholders, including investors and proxy advisory firms.
Our team, including former proxy voting leaders and research analysts from major institutional investors and proxy advisory firms, leverages their expertise to help companies enhance board effectiveness, meet evolving corporate governance standards, improve shareholder and proxy advisory firm engagement, and build effective disclosure strategies. Overall, we enable firms to better understand shareholder expectations, prepare for shareholder meetings and communicate effectively with owners.
We advise companies on all aspects of corporate governance and ESG matters, considering market best practices, legal and regulatory considerations, proxy advisory firm policies, investor guidelines and voting tendencies. We do not take a one-size-fits-all approach to company fact patterns, recognizing the need for corporate management teams and their boards of directors to maintain flexibility while still achieving successful outcomes.
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1800+
Clients from Large Fortune 250 Companies to Pre-IPO High-Growth Companies
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240+
Colleagues Worldwide
Why is Corporate Governance an Ongoing Challenge for Companies?
More frequent and complex proxy advisory firm guidelines, new government regulations and growing investor demands have elevated the corporate governance function to include responsibility for:
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Stakeholder Accountability
Good corporate governance ensures a company is accountable to its stakeholders, including shareholders, employees and customers, and that decisions are made in a transparent way.
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Risk Management
Effective corporate governance practices can help identify and manage enterprise risks, including risks related to financial reporting, compliance and strategic decision making.
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Financial Performance
Strong corporate governance helps ensure a company is managed in a responsible and sustainable way, which can lead to better financial results.
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Reputation
A company’s reputation is an important asset, and corporate governance can help protect it by demonstrating a commitment to ethical behaviors, accountability, transparency and trust with its stakeholders.
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Legal and Regulatory Compliance
Ongoing investment in corporate governance is needed to help a company comply with legal and regulatory requirements related to financial reporting, environmental and social laws and securities laws.
Why Work with Aon
Aon partners with organizations at every stage of their corporate governance journey, offering connected services, including world-class rewards data, consulting, corporate governance and ESG advice, equity services, executive compensation and more for every industry — globally.
Leveraging market-leading data powered by platforms like the Radford McLagan Compensation Databases and proprietary datasets, trusted by leading firms worldwide, our advisors work in a fact-based and collaborative manner to offer insights — and provide corporate governance consulting services to bring those insights to life — tailored to your business model, industry and investor profile.
We serve as the formal ongoing advisor to the full board or select committee (e.g., audit, compensation/human capital, or nominating & governance) and a range of C-suite contacts, from finance, HR, legal, sustainability teams and more. This includes presenting trends at quarterly meetings and making recommendations on key decisions by using benchmark data and our knowledge of the regulatory landscape and other external stakeholder expectations.
1600+
Clients worldwide from large Fortune 250 companies to small, high growth companies annually, as dedicated executive and board advisors. We also advise private and pre-IPO companies and have dedicated industry vertical expertise across the team.
Our areas of expertise include:
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Proxy Advisory Firm Analytics
We help companies understand their potential exposure against proxy advisory firm policies, with expertise in various routine and non-routine proxy ballot items and proposals including say-on-pay, equity compensation plans, director nominations and compensation, and shareholder proposals.
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Shareholder Engagement Support
Whether it is routine off-season engagement, in response to a low vote result, or in anticipation of a controversial proxy ballot item, we empower our clients with the information and strategic planning they need to participate in an effective shareholder outreach program.
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Legal Drafting and Review
Our team of attorneys and governance experts’ engagement strategy involves interpreting the evolving regulatory landscape and understanding their legal risk and exposure.
At Aon, our connected global team can help clients worldwide make decisions with clarity and confidence in a complex environment. Our clients trust us with:
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Proxy Advisory Analytics
- Pay-for-performance modeling
- Share plan request modeling and approval strategy
- Overall say-on-pay consulting
- Governance audits, review and strategy
- ISS, Glass Lewis peer benchmarking
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Shareholder Engagement
- Investor and proxy advisor intelligence consulting
- Summary proxy voting guideline information
- Board and leadership coaching and preparation for shareholder engagements
- Investor talking points and strategy consulting
- Shareholder composition analysis
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Regulatory and Compliance
- Proxy statement drafting and review
- Equity plan agreement drafting and review
- Risk Assessment Services
- Board evaluation services
- Tax and other regulatory compliance consulting
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Executive and Board Education
- Onboarding education for new executives, board and/or committee members
- Deep-dive training on new or emerging topics of importance, including on executive compensation, corporate governance, ESG, cyber, D&O, human capital and more
- Routine key committee and board trends education
Connected Services
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Executive Compensation Consulting
Beyond the core services listed above, we also provide comprehensive advisory services on compensation philosophy development, executive compensation benchmarking, short- and long-term incentive plan design and more.
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Equity Compensation Services
Equity awards are a vital component of executive compensation, but they can be incredibly complex to design and manage. At Aon, we provide clients with focused expertise on equity plan design, equity communication, equity valuation and financial reporting.