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DE&I-Related Risk Factors Trending Up

By Randi Morrison posted 03-14-2024 09:17 PM

  

Bloomberg Law reported on an increasing number of companies characterizing their diversity, equity, and inclusion or similar initiatives as a risk factor in their Form 10-Ks since the Supreme Court’s college admissions affirmative action decisions last year through March 8, 2024. Such risk factors address the political backlash against DE&I, legal risks, reputational risks, hiring and retention challenges, and other potential adverse implications. Companies identified in the article with DE&I risk factor disclosures include JetBlue, Molson Coors Beverage, Leidos, Duolingo, KKR & Co., Jones Lang Lasalle, Twilio, Blue Owl Capital Corp, TPG Inc., Synonvus Financial Corp., iHeartMedia, and Ares Management. 

See our prior report: “Companies Generally Standing Firm on DE&I Programs” and additional resources on our Financial Reporting page » Risk Factors, and our Human Capital and Racial Equality & Diversity pages.

                       This post first appeared in the weekly Society Alert!

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