5/19/2023 0 Comments Need joelle![]() ![]() Many organizations have invested in aspects of DEI for years, and newly heightened attention to racial justice movements and the disproportionate effects of Covid-19 across the globe have shed light on the urgent need to invest more heavily and advance more quickly.Īnd yet, despite knowing the various benefits of DEI, businesses still struggle to achieve diverse representation at all internal management levels. ![]() ![]() Nasdaq’s new ruling follows an increasing social commitment from private sector organizations to Diversity, Equity, and Inclusion (DEI). The question now is how companies can implement Nasdaq’s new guidelines so that they go beyond the superficial requirements and achieve meaningful culture change. The U.S.-based stock exchange will now require all listed companies to disclose board-level diversity using a standard template, to have at least two directors from underrepresented groups, “including one who self-identifies as female and one who self-identifies as either an underrepresented minority or LGBTQ+,” or explain why they do not.Īlthough some disagree with the move, the arguments for advancing diversity and inclusion are now well-established. Securities and Exchange Commission has approved a proposal from Nasdaq to enhance diversity and inclusion in company board rooms. ![]()
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