Apple Updates Charter of Nominating and Corporate Governance Committee to Clarify Diversity Commitment
Recently, Apple Inc. (NASDAQ: AAPL) updated its Nominating and Corporate Governance Committee Charter to include strong language on the importance of diversity in its candidate selection for the Board of Directors. The document makes clear that the committee actively seeks “highly qualified women and individuals from minority groups to include in the pool from which Board nominees are chosen.”
The Sustainability Group of Loring, Wolcott & Coolidge and Trillium Asset Management engaged Apple on this subject and commend the company for this important step. With this move, Apple has further institutionalized its commitment to addressing gender and racial diversity at the board level.