In both cases, NCPPR has labeled DEI as “illegal discrimination” and cites the threat of lawsuits as the primary risk and reason for getting rid of DEI programs.
At a recent Boardroom Summit panel, governance experts offered insights on overseeing talent and culture in a highly disruptive environment.
Despite recent backlash, many publicly traded companies continue to maintain and promote DEI initiatives, while some have changed their terminology.
As more companies announce that they are eliminating DEI initiatives, corporate boards need to consider how they will approach this matter.
With potential legal action looming, it’s time for board members to have an honest dialogue about what is in the best interest of the company.
The veteran director says boards will need to be ‘unrelenting’ about DEI strategy, ‘even if they’re less vocal publicly.’
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