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Increased Transparency in US Defense Contractor Employment

New regulations require large companies contracting with the US Department of Defense to report data on diversity and inclusion within their boards and workforce. This aims to increase transparency and allow citizens to assess whether these companies promote diversity, potentially influencing their reputation and purchasing decisions.
Key points
Companies with major defense contracts must report data on gender, race, ethnicity, and veteran status diversity among their employees and senior leadership.
These reports will be publicly available on the Department of Defense website, increasing public awareness of employment practices in the defense sector.
The act takes effect on July 1, 2022, and applies to contracts entered into on or after that date.
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Additional Information
Print number: 117_HR_7444
Sponsor: Rep. Brown, Anthony G. [D-MD-4]
Process start date: 2022-04-07