Boards face new scrutiny on diversity, equity, and inclusion programs

January 2024

On November 9–10, 2023, members of the Audit Committee Leadership Network met in Washington, DC, for a discussion that included the impact of the Supreme Court’s affirmative-action ruling on corporate diversity, equity and inclusion (DEI) initiatives. On December 8, 2023, members of the East Audit Committee Network met in New York, with a similar topic on the agenda.

For the Washington meeting, members were joined by Jeffrey Wall, partner at Sullivan & Cromwell LLP and former acting solicitor general of the United States; for the New York meeting, members were joined by Marc Treviño, co-head of Sullivan & Cromwell’s corporate governance practice.