Bringing Diversity and Inclusion Into the Board of Directors

Bringing Diversity and Inclusion Into the Board of Directors
An empty office might become a common sight if the following 10 trends follow through
PHOTO:
Benjamin Child
Businesses are scrambling to display meaningful diversity initiatives in an effort to satiate demands from customers and job seekers critical of enterprises that use diversity as window dressing. New legislation introduces an opportunity to create a progress metric that supports diversity and inclusion.
AB979 Gives Teeth to Board Diversity Initiatives
Last September, California legislature made AB979 a state law, making it a requirement for publicly-traded companies headquartered within California to add an executive from an underrepresented community to their board of directors. AB979 is an extension of the 2018 law SB826, which was aimed at increasing the number of women as board directors. California joined Illinois, Ohio and Maryland as states seeking to increase diversity on the boards of publicly-traded companies.

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