COVID-19 and ESG Remain Key Issues in Washington
In brief: Washington’s three branches of government, as well as state legislatures, share common concerns over COVID-19, diversity, the environment, and investment. Congressional bills focused on financial relief for businesses and liability protection for directors and officers. Diversity and inclusion gained a new edge with a bill on “anti-racism,” and California passed a new law mandating the inclusion of individuals from “under-represented” communities. In the environmental field, a partisan battle for more vs. less regulation continued. For its part, the US Securities and Exchange Commission set a higher bar for proxy advisors and proposed a streamlining of mutual fund annual reports that would take directors out of the spotlight, among other changes.
This resource can help your board to gain insights and skills that elevate its performance:
- Understand the basic implications of new legislative and regulatory developments most likely to impact board decisions in the near term.
- Learn how to monitor risks and opportunities emerging from current legal trends in key areas.
- Develop effective policies in anticipation of new legal standards affecting board decisions.
Most relevant audiences: board chairs, CEOs, lead directors, key committee leaders and members, and general counsel