Topic Archives: Resources

January 28, 2021Reporting, Resources

ISS, Glass Lewis, and Now Nasdaq – Board Diversity Is Here

On December 1, 2020, the Nasdaq Stock Market LLC (“Nasdaq”) proposed to adopt listing rules related to board diversity after determining that the national market and the public interest would benefit from a regulatory framework designed to promote “meaningful and multi-dimensional diversification of their boards.” This news comes following the influx of recent state laws ...›

December 8, 2020Resources

First Steps toward Recovery: Saving Small Businesses

Suz Mac Cormac spoke to the Little Hoover Commission for the Commission’s new report on the economic impacts of the COVID-19 pandemic and small business recovery. Suz shared her perspective on how California can support small enterprises and her work spearheading the CA Rebuilding Fund and CASE Task Force. “Small business owners need access to resources ...›

December 7, 2020Resources

Climate Links 12/7/2020

MoFo’s weekly Climate Links provide the latest industry updates from thought-leaders and third-party sources. This week: Future of Sustainability in Investment Management: From Ideas to Reality, CFA Institute The CFA Institute develops a narrative about the history and current state of sustainable investing and how the sustainability trend of the next 5–10 years is expected ...›

November 24, 2020Funding/Financing, Resources

Morrison & Foerster Spearheads Launch of California Rebuilding Fund

California Governor Gavin Newsom today announced the launch of The California Rebuilding Fund (the Fund), a program built to support California’s smallest businesses so they can adapt, reopen, and recover from the effects of COVID-19. The California Rebuilding Fund is a public-private partnership that drives capital from private, philanthropic and public sector resources – including a $25 ...›

November 20, 2020Resources

Climate Links 11/20/20

MoFo’s weekly Climate Links provide the latest industry updates from thought-leaders and third-party sources. This week: How the Platform on Sustainable Finance Will Help Define our Green Future, European Bank for Reconstruction and Development, 2020. The newly formed Platform on Sustainable Finance, a building block in the European Union’s plan to green its economy, is a ...›

October 21, 2020Funding/Financing, Resources

Impactful Conversations: Discussing Community Development Financial Institutions (CDFIs)

In this episode of Impactful Conversations, Michael Santos, a social enterprise and impact investing associate in Morrison & Foerster’s San Francisco office, interviews Bulbul Gupta, the president and CEO of Pacific Community Ventures (PCV), a Community Development Financial Institutions (CDFI) fund based in Oakland, California. Listen to the full podcast. ...›

September 30, 2020Funding/Financing, Resources

Impactful Conversations: A Conversation with Andrew Macintosh at March Fund

In this episode of Impactful Conversations, Susan Mac Cormac, the chair of MoFo’s Energy and Social Enterprise and Impact Investing practices, interviews Andrew Macintosh, the COO and CFO of the March Fund—a tech fund focused on the development of food and health solutions that support the sustainable food supply chain and optimize health outcomes. Andrew speaks ...›

September 3, 2020Resources

Capital Markets Embrace a Novel Corporate Form

In 2013, Delaware passed legislation adopting a new corporate form, the public benefit corporation (PBC), with a view to allowing directors of for-profit corporations to take actions not just in pursuit of stockholder returns, but also with the “[intent] to produce a public benefit or benefits and to operate in a responsible and sustainable manner.” ...›

September 3, 2020Resources

Recent Changes in Human Capital and D+I for Public Companies

On August 26, 2020, the Securities and Exchange Commission (SEC) announced, as part of its ongoing initiative to modernize Regulation S-K disclosure, amendments that add human capital resources as a separate disclosure topic, including any human capital measures or objectives that issuers focus on in managing their business.  This development follows years of mounting pressure from ...›

September 3, 2020Resources

New California Law to Require Representation from “Underrepresented Communities” on Boards of Public Companies Headquartered in California

California’s Assembly Bill (“AB”) 979 is set to make waves both within the state and across the country as a groundbreaking new law that would require companies to diversify their boards and reserve seats for directors from “underrepresented communities.” The bill defines a director from an “underrepresented community” as “an individual who self-identifies as Black, ...›