Issue 31: September 7, 2023

Litigation

America First Legal (AFL), a group founded by former Trump administration officials, continues to challenge US corporate diversity initiatives. The group recently filed complaints against Activision Blizzard Inc (ATVI.O) and Kellogg Co (K.N) with the US Equal Employment Opportunity Commission (EEOC), claiming that their respective DEI policies and principles has led to illegal employment discrimination. Scrutiny of DEI policies and practices, and legal challenges, continue to mount following the US Supreme Court's June decision striking down affirmative action in higher education. See our prior coverage here.

Standards

On August 17, the European Commission (Commission) published the transitional rules for the Carbon Border Adjustment Mechanism (CBAM), which will apply from October 2023 until December 31, 2023. Operators are required to report on the quantity of imported goods, direct and indirect emissions embedded in them, and any carbon price due