May 2022
Diversity, equity, and inclusion (DE&I or D&I) is a key element of ESG programs across all sectors. The SEC’s Diversity Assessment Report serves to further educate companies on “leading practices and policies for advancing workforce and supplier diversity.” This assessment report may help companies assess DE&I performance and program maturation relative to DE&I goals and in anticipation of the SEC’s upcoming Human Capital Management Disclosure proposal. (Note: The DE&I area may expect continued and increasing legal and compliance risks in light of additional voluntary as well as mandatory data reporting and via recent legal cases, including the California ruling against mandating corporate board gender diversity standards).