Human Capital, Diversity, and Related Disclosure and Reporting Initiatives

Disclosures by public companies about their human capital management continue to be a focus of investors, regulators, and other stakeholders. In 2020, the SEC adopted a requirement for registrants to discuss their human capital resources to the extent material to an understanding of the registrant’s business taken as a whole. The principles-based nature of this requirement has led to some variation in disclosures, which has in turn led to calls for more prescriptive requirements. In addition, there is continued interest in disclosures about corporate board diversity, particularly in light of NASDAQ’s adoption of a new diversity listing rule and similar state legislation.

During this session expert faculty will discuss:

• The SEC’s human capital and diversity disclosure requirements (12 minutes)
• Trends in public companies’ human capital management disclosures since the 2020 amendments (15 minutes)
• Possible amendments to the SEC’s human capital management disclosure requirements (12 minutes)
• NASDAQ board diversity listing rule, similar state legislation and related litigation (10 minutes)
• Key takeaways and practical considerations (11 minutes)

Who Should Attend: Attorneys who deal with SEC reporting and disclosure issues, including general counsel, in-house counsel and corporate legal staff, investor relations professionals, and outside attorneys

Program Level: Update

Prerequisites: None

Advanced Preparation: None

Faculty:

Jennifer J. Carlson

Mayer Brown LLP

Jennifer Zepralka

Mayer Brown LLP