Michael Siu

2 weeks ago | wtwco.com | Kenneth Kuk |Michael Siu |Hannah Summers

Many U.S. companies have announced they are discontinuing or reframing policies, programs and goals to promote diversity, equity and inclusion (DEI) relating to employees, vendors and external partnerships resulting from the recent issuance of White House executive orders (EOs) to end DEI policies and programs within the federal government. These orders also require federal contractors to certify that they are not operating “unlawful” DEI programs.

Apr 8, 2024 | directorsandboards.com | Kenneth Kuk |Michael Siu

In March 2024, the SEC issued final rules mandating and standardizing climate-related disclosures made by public companies in public offerings, highlighting the board's role of oversight on a company's climate risk and transition strategies.   Climate risk and transition are a key element of stewardship and present some of the most material financial risks businesses have to manage.

Dec 14, 2023 | worldatwork.org | Ken Kuk |Rachael Jones |Michael Siu

For companies that either have or are considering incorporating diversity, equity and inclusion (DEI) in their incentive plans — especially those with defined representation goals for under-represented groups — recent legal battles over affirmative action may mean a higher risk of litigation on the grounds of “reverse discrimination.”  There are important implications for most large employers in the U.S., and they should prompt a review of DEI goals and strategies.