Another California Law Overturned: Diversity Back On The Agenda
Directors everywhere should expect investors and stakeholder groups to become more vocal on this issue over the next year.
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Directors everywhere should expect investors and stakeholder groups to become more vocal on this issue over the next year.
Boards should determine what type of policies and procedures their companies needs to effectively deal with political issues.
Even companies that have embraced board diversity may need to discuss and develop a position regarding these newly emerging interpretations of what “board diversity” should represent. Suggestions for how to keep disagreement to a minimum.
Boards need to communicate how they plan to mitigate potential losses while capitalizing on any potential opportunities for expansion.
ESG concerns vary widely for each individual company, so boards will have to conduct deep internal analyses to find the ESG risks and opportunities unique to their companies.
Boards that have been slow to move on diversity or haven’t moved at all may want to consider and prepare for the following possibilities.
