DEI is disappearing as a compensation committee responsibility. In recent years, it became commonplace to see diversity, equity and inclusion (DEI) listed among human capital matters overseen by compensation committees. That changed this year. We’ve observed a 76% drop in S&P 500 companies that mention DEI-related terms in descriptions of their compensation committee’s responsibilities. Of those, most have removed the term altogether, though 17% changed it to “inclusion,” indicating a reorientation.

Now today, in a report published by the Harvard Law School Forum on Corporate Governance, The Conference Board reports that explicit disclosure “of DEI-linked executive pay incentives declined sharply in 2025 amid legal and reputational concerns.” READ MORE