Publication
Advancing board governance of diversity, equity, and inclusion
December 2022
Investors, regulators, and the broader public are all calling for large public companies to comprehensively address diversity, equity, and inclusion (DEI). Boards have increased their engagement with DEI issues since the summer of 2020, but progress towards company-wide change has remained slow. Disclosure standards for the ‘S’ in ESG–DEI in particular–remain varied and sometimes nebulous. Top corporate leaders say that they have few opportunities to speak candidly with their peers in leading companies about the challenges of making DEI real and measurable.
On November 15, 2022, a group of investors, directors, and boardroom executives convened for the charter meeting of the Inclusion, Diversity, and Equity in Action (IDEA) forum, to discuss the challenges, opportunities, and emerging issues around board governance of DEI.