Blogs

“Impact of DEI-Related Executive Orders on Disclosures in Recent Public Company Annual Reports” from Mintz describes how companies are changing DEI-related disclosures in their Form 10-Ks based on the firm’s review of filings to date. Among the changes observed are:

• Changes in terminology: avoidance of “diversity, equity, and inclusion”; “diversity”; and self-identification language
• Removal of DEI program references, details, or actions undertaken
• Removal of breakdown of workforce by race, ethnicity, gender, and/or identification of where such information may be found on the corporate website
• Changes in characterization of DEI-related risks (e.g., perceptions of DEI initiatives being perceived as insufficient or extreme; elimination of DEI as a talent attraction/retention factor)