Companies need to ditch #DEI. @adflegal along with @JerryLeeBowyer, @DavidBahnsen, Robert Netzly, @OJOleka and other prominent signatories sent a letter to 1000+ companies calling on executives to reject divisive DEI policies. Read this exclusive from The Daily Caller.
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I had the privilege of sharing my insights on the legal scrutiny surrounding DEI's 'Rooney Rule' in a recent interview with The Washington Post! Dive deep into the complexities of diversity, equity, and inclusion on and off the field. ???? Check out the article now: https://lnkd.in/g_qMcSbt ?? #NFL #DEI #RooneyRule #InclusionMatters #ChangeForGood #LeadershipInsights
DEI’s ‘Rooney Rule’ placed under legal microscope, on and off the field
washingtonpost.com
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??? #UPS, #Coke and #HomeDepot shareholders try to force #DEI changes #Investors put forward proposals both for and against #corporatediversity initiatives this year + Atlanta Journal-Constitution Mirtha Donastorg + #goodread #corporateamerica #shareholders #publiclytradedcompanies "Risks around DEI? Shareholder proposals are one of the ways investors in a publicly traded company can push for change. One of Coca-Cola’s shareholders, the National Center for Public Policy Research (NCPPR) — a D.C.-based conservative think tank — asked the board to commission and publish a report detailing whether the #company engaged in any diversity, equity and inclusion (DEI) practices “that may create risks of discriminating against individuals who might sue the Company … for illegal #discrimination on the basis of protected categories like #race and #sex” and potential costs to the business of such discrimination." + "The Coca-Cola board also opposed the resolution. In a filing with the Securities and Exchange Commission, the company wrote: “We believe that a #diverse, #equitable and #inclusive #workplace that is well-prepared to understand, assess and engage with the #markets and #consumers we serve is a #strategic #business priority and critical to the Company’s success, and that our efforts to achieve this are consistent with applicable law.”" - ... #georgefloyd #deib #raceinamerica #racism #workplaceculture #businessnews #boardmembers #shareholders #dobetter #economics #economicequity #socialcare
UPS, Coke and Home Depot shareholders demand changes around DEI initiatives
ajc.com
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California Law SB826, mandating the inclusion of at least one woman on the boards of publicly traded companies headquartered in CA, was passed in 2018. Between then and 2022, it served to more than ??double?? the number of women board members in the state. The law was challenged and declared unconstitutional in 2022. Since then, the number of women on boards in CA has been dropping. When the law was initially passed, 183 of CA’s publicly traded companies had all-male boards; at the time of its repeal, that number had dropped to 9. While the State of California appeals the decision, the number of all-male boards has risen to 22. The law clearly had a huge impact, and hopefully that won’t be erased completely. Given the current research on company profitability and board make-up, it would be very short-sighted. https://lnkd.in/gzPsT-GT
Fewer Women On Corporate Boards After California Law Deemed Unconstitutional
forbes.com
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The numbers don't lie. It shouldn't require a law to do the right thing. Are balanced and diverse Boards necessary? I think so. Numerous studies show that companies with diverse profiles perform better -- for example, McKinsey, concluded that "Companies with representation of women exceeding 30 percent are significantly more likely to financially outperform those with 30 percent or fewer." ???? Significantly more likely to financially outperform. ???? In only four years after passing the law requiring a woman on publicly traded boards for companies headquartered in California, there were women on almost every publicly traded board headquartered in my home state... only 9 all-male boards remained. Two short years after the law was repealed and the number has already increased by 2.5x, with 22 all-male boards. Some ask why we need laws to require people to just "do the right thing"... This is why.
California Law SB826, mandating the inclusion of at least one woman on the boards of publicly traded companies headquartered in CA, was passed in 2018. Between then and 2022, it served to more than ??double?? the number of women board members in the state. The law was challenged and declared unconstitutional in 2022. Since then, the number of women on boards in CA has been dropping. When the law was initially passed, 183 of CA’s publicly traded companies had all-male boards; at the time of its repeal, that number had dropped to 9. While the State of California appeals the decision, the number of all-male boards has risen to 22. The law clearly had a huge impact, and hopefully that won’t be erased completely. Given the current research on company profitability and board make-up, it would be very short-sighted. https://lnkd.in/gzPsT-GT
Fewer Women On Corporate Boards After California Law Deemed Unconstitutional
forbes.com
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What Corporates Want 2024: diversity initiatives https://lnkd.in/evtGRYEY A survey of more than 25,000 in-house counsel reveals that diversity initiatives are a high priority when choosing external counsel. #whatcorporateswant #diversity #equity #externalcounsel
What Corporates Want 2024: diversity initiatives
managingip.com
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General counsels play a critical role as companies assess their diversity, equity, and inclusion (DEI) policies in light of political and legal challenges. This series features leaders navigating this complex landscape.
DEI Risk Calculus Tests Corporate Counsel as Pressures Mount
news.bloomberglaw.com
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General counsels play a critical role as companies assess their diversity, equity, and inclusion (DEI) policies in light of political and legal challenges. This series features leaders navigating this complex landscape.
DEI Risk Calculus Tests Corporate Counsel as Pressures Mount
news.bloomberglaw.com
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"None of the largest U.K. firms—Clifford Chance, Linklaters, Freshfields Bruckhaus Deringer or A&O Shearman—made it onto the top 15. Of that group, Freshfields had the highest percentage of female partners at 31%, followed by Linklaters at 29%, while both A&O Shearman and Clifford Chance which reported around 28%. At the equity partnership level, many remain intensely secretive, with several of the largest firms refusing to provide a gender breakdown of their equity partnership numbers. This included firms such as Ashurst, Herbert Smith Freehills, Freshfields, Weil Gotshal, and A&O Shearman. Of the firms did that provide such information, Ropes & Gray topped the list, with 40% of its equity partners made up of women. Cooley was second, with 37%, followed by CMS on 35%, Arnold & Porter on 33%, and Covington & Burling on 28%." Sobering reminder that we are not beyond gender in achieving a more balanced legal profession! The numbers of women partners are doing down not up and that's not a great sign for a profession with so many women working within it Thanks for the data and write up Law.com International
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General counsels play a critical role as companies assess their diversity, equity, and inclusion (DEI) policies in light of political and legal challenges. This series features leaders navigating this complex landscape.
DEI Risk Calculus Tests Corporate Counsel as Pressures Mount
news.bloomberglaw.com
要查看或添加评论,请登录
-
General counsels play a critical role as companies assess their diversity, equity, and inclusion (DEI) policies in light of political and legal challenges. This series features leaders navigating this complex landscape.
DEI Risk Calculus Tests Corporate Counsel as Pressures Mount
news.bloomberglaw.com
要查看或添加评论,请登录