NEW YORK - Two organizations representing people with disabilities asked Nasdaq Inc on Tuesday to be more inclusive in the exchange operator s proposal to require all of its listed companies to adopt new rules related to board diversity.
Nasdaq in December proposed new rules that will require most Nasdaq-listed companies to have, or publicly explain why they do not, at least two diverse board directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority or LGBTQ+.
People with disabilities should be included in Nasdaq s definition of an underrepresented minority given their extreme social isolation, economic isolation and economic inequality, said Ted Kennedy Jr, chairman of the American Association of People With Disabilities (AAPD).
I can t think of any single pronouncement that could have more of an impact on disability inclusion in the workplace than this proposal, he said in an interview.
Many disabled people who can work and want to work are passed over for jobs, he said.
In January, the labor force participation rate for people with disabilities was 19.6%, compared with 66.4% for people without disabilities, according to the Department of Labor https://www.dol.gov/agencies/odep/research/statistics.
The AAPD, along with the Disability:IN, a non-profit group focused on economic independence and job creation for people with disabilities, wrote letters to the acting chair of the SEC, which is considering Nasdaq s proposal, and to the head of Nasdaq making the case for inclusion.
Nasdaq said in a statement it was encouraged by all of the positive feedback on its proposal and that it was listening to all perspectives.
While inclusion among corporations has been improving, the real holy grail has always been the corporate board room, because companies that are leading on disability inclusion tend to have a director or CEO that has a personal interest, Kennedy said. REUTERS
Saturday 27 February 2021
todayonline - 4 days ago
Nasdaq pushed to add disabled people to its board diversity proposal
Latest News
He was the pillar of his family : Tuas fire victim never got to meet his 10-month-old daughter
- straitstimes ഹെല്മറ്റില്ലാത്തതിന് 500 രൂപ പിഴയിട്ട് പോലീസ്; പിഴ അടയ്ക്കാൻ പണമില്ലാതെ താലിമാല ഊരിക്കൊടുത്ത് യുവതി
- pravasiexpress S pore doggo allegedly whacked with metal rod dragged by its paws by owners before AVS rescue
- mothership 64-year-old S porean man who was flown here from Indonesia for Covid-19 treatment dies
- straitstimes Pangolin out for morning walk at Bukit Timah Nature Reserve has rare encounter with hikers
- mothership Bukit Panjang man sitting on covered walkway calmly rejects SCDF officers offers to bring him down
- mothership Scaling Mount Fuji virtually as part of fund-raising effort for people with special needs
- straitstimes Technician dies after being trapped in lift shaft at Chan Brothers Building in North Bridge Rd
- straitstimes
China s economy could grow 8-9% this year from low base in 2020 - central bank adviser
- todayonlineThe Big Read: After a decade of fits and starts, it’s all systems go for S’pore’s electric vehicle dream
- todayonline“Not unreasonable” for new town councillors to engage those who could “fulfil their political work”, says Chief Justice as Court of Appeal reserves judgement on AHTC case
- theonlinecitizenChinese court backs publisher of textbook calling homosexuality psychological disorder
- todayonline
Exclusive: Bangladesh under no obligation to accept stranded Rohingya refugees - minister
- todayonline S’porean woman, 25, writes blockbuster Wattpad story that attracted over 10 million reads
- mothership Tuas explosion: Josephine Teo to appoint Inquiry Committee for first time since 2004 Nicoll Highway collapse
- mothership Covid-19 vaccines will not alter a person s DNA and are safe, expert affirms in panel discussion
- straitstimes ബിന്ദു സ്വര്ണക്കടത്തിലെ കണ്ണി; തട്ടിക്കൊണ്ടുപോയ കേസില് അഞ്ചുപേര് പിടിയില്: ഇ.ഡി കേസെടുക്കും
- pravasiexpress Jamus Lim tells MP Saktiandi who wants to keep reserves secret: All exchange rate policy is monetary policy
- theonlinecitizen Heng Swee Keat Pritam Singh engaged in heated skirmish over budget accountability outcomes
- mothership Gen Z faces different forms of stress, may be more anxious, depressed than others before them, says IMH CEO
- todayonline The Big Read: After a decade of fits and starts, it’s all systems go for S’pore’s electric vehicle dream
- todayonline S porean man, 31, fined S$4,200 for stalking harassing his insurance agent after she rejected his advances
- mothership Angela Lee s 16-year-old sister Victoria making first professional fight debut at S’pore Indoor Stadium
- mothership S pore families to receive up to S$9,000 in Child Development Account for 2nd child, up from S$6,000
- mothership Tuas industrial fire: Committee of Inquiry to examine factors that led to fatal accident
- todayonline Fatal Tuas fire: MOM to appoint inquiry committee to study what led to explosion that killed 3
- straitstimes New HealthCerts scheme to issue digital Covid-19 test certificates ensure smooth cross-border travel
- mothership Foodpanda rider told to cycle from Tampines to Paya Lebar for $5.20 after customer leaves wrong address
- asiaone SAF regular dies after own physical training at Kranji Camp, suffered cardiac arrest on the way to NUH
- mothership Wall Street Week Ahead: Investors weigh new stock leadership as broader market wobbles
- todayonline Sources