Diversity and inclusion will feature prominently in the thinking of many corporate leaders and investors in 2021.
That means corporate secretaries and general counsel will have an important role to play in advising boards, finding candidates and devising disclosures that will help shape narratives on a key set of issues.
But investors are pressing companies to take other specific actions to improve diversity within their organization, or at least to report on who makes up their board and workforce.
‘[But] if required, we’re prepared to use our proxy voting authority to hold firms accountable for meeting our expectations,’ Lacaille wrote.
Perhaps the most obvious change has come from a campaign launched by New York City comptroller Scott Stringer on behalf of the city’s public retirement systems.