Linking executive compensation to D&I metrics in the wake of SFFA: Action steps for public companies to consider

Anti-ESG sentiment has been on the rise – shareholder proposals questioning the wisdom of ESG initiatives, including those designed to foster diversity and inclusion (D&I), have more than doubled within the past three years. Additionally, some stakeholders are bringing litigation aiming to curtail corporate D&I initiatives, including shareholder derivative claims for breach of fiduciary duty, classic assertions of reverse discrimination, securities fraud claims, and claims that specific corporate policies violate state and federal anti-discrimination statutes. READ MORE