The U.S. Chamber of Commerce supports the Improving Corporate Governance Through Diversity Act (S. 347 / H.R. 1277). This legislation has a strong record of bipartisan support and is an important step for promoting board diversity. The legislation would establish a model to organically boost diversity on boards through disclosure, rather than the counterproductive quota-driven strategies and establish an advisory group to provide recommendations on private sector strategies to increase diversity on boards of directors.
Read the full testimony.
