Why Environmental, Social, and Governance is Here to Stay
Described by its critics as “woke capitalism,” Environmental, Social, and Governance, (ESG) is facing something of a backlash. But that overlooks the far-reaching benefits to employers and investors. A survey by The Conference Board (TCB) found that almost half of all businesses have faced ESG backlash. Read More
What Employers Need to Know About Supreme Court Ruling on College Admissions
On June 29, 2023, the U.S. Supreme Court issued a 6-3 landmark decision in the cases filed against Harvard College and the University of North Carolina. In the ruling, Justices indicated that both of these universities’ Affirmative Action programs related to… Read More
ESG Developments: The Impact of CSRD on Pay Equity
On January 5, 2023, the EU’s Corporate Sustainability Reporting Directive (CSRD) came into force, replacing the EU’s 2014 Non-Financial Reporting Directive (NFRD). In this article we explore the latest ESG developments and their impact on pay transparency. Closing the gender pay gap is… Read More
SCOTUS Decision: Affirmative Action and Businesses
On June 29, 2023, the Supreme Court ruled that admissions programs at Harvard and the University of North Carolina (UNC), based on race, violated the Constitution’s guarantee of equal protection. It was a significant affirmative action decision that, not unexpectedly, sent… Read More
Pay Equity is the Key to Achieving the “S” in ESG
Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) reporting have become vital considerations for employers. But rather than seeing the requirements as an additional reporting burden or a distraction, a focus on the “S” in ESG can have a positive impact on financial performance and brand… Read More
SEC Enforcement and ESG – What You Need to Know
When most people think of Securities and Exchange Commission (SEC) enforcement actions, their minds probably jump to sensational crimes seen on the news, like insider trading and Ponzi schemes. Indeed, these do make up a fair number of SEC enforcement actions. But the SEC conducts hundreds of different… Read More
Workforce Investment Disclosure Act to Require Annual DEI Reporting
Prompted by the workplace inequities exacerbated by COVID-19, congress unveiled the Workforce Investment Disclosure Act of 2021, with the intention of renewing organizations’ focus on employee equity. From layoffs to workplace safety and paid leave, COVID-19 exposed distinct workforce management practices… Read More
Honoring the Life and Legacy of Dr. Martin Luther King Jr.
On the third Monday of January each year, we celebrate the life and legacy of Dr. Martin Luther King Jr. Although Martin Luther King Jr. Day was first observed on January 20, 1986, it wasn’t until 2000 that all 50 U.S. states acknowledged the event. The… Read More
Public Companies Respond to SEC Human Capital Disclosure Requirement
A recent survey conducted by Gibson Dunn shows how 451 public companies responded to the U.S. Securities and Exchange Commission’s (SEC) adopted amendments on human capital reporting and disclosures. Effective November 9, 2020, the amendments… Read More