Resource Library Regulatory Landscape

The SEC Investor Advisory Committee has proposed recommendations regarding HCM disclosure to the SEC to require disclosure of employee count, total cost of workforce, turnover metrics, and additional narrative disclosure in the proxy on the integration of HCM practices within the broader company strategy.

Take a closer look at those programs and related disclosures in light of June’s SCOTUS affirmative action decision, and related fallout.

The SEC’s final climate disclosure rule adoption deadline of October 2023 may be extended perhaps due to significant pushback from Congressional committees.

Orrick Herrington & Sutcliffe LLP offers insights on how companies can mitigate ESG litigation risk by ensuring measurement frameworks and management roles are clearly defined, disclosure practices are reviewed by subject matter experts, and discussion on ESG topics is conducted on a consistent basis.

Although the case related solely to higher education, employers should remain alert to the ripple effect that the ruling could have on employment law.

Cooley LLP details potential challenges for employers’ DE&I initiatives in light of the Supreme Court’s recent affirmative action rulings, which include avoiding quotas, ensuring that hiring managers receive proper training, and having strong justification for implemented DE&I initiatives.