Factbox-US companies adjust diversity policies as challenges rise Reuters
(Reuters) – Meta Platforms (NASDAQ: ) and Amazon.com (NASDAQ: ) have joined a growing number of U.S. companies in reducing their diversity, equity, and inclusion (DEI) initiatives, aimed at improving racial and ethnic representation in workplaces against a background of pressure ascending from successive groups.
At least six major US companies, including JPMorgan Chase (NYSE: ), changed their DEI policies last year, according to a Reuters review of company statements.
Here is a list of companies that have dropped the DEI program or made changes to some of the policies in 2024:
Company Statement
Starbucks (NASDAQ:) In March, the coffee giant’s shareholders voted
with a reduced maximum compensation plan
bonus related to DEI goals.
The tractor company in late June said it would not
Give more time to send data to the Human Rights Campaign
(HRC), fighting for LGBTQ rights.
Tractor Supply (NASDAQ: ) also said it will eliminate DEI
roles and withdraw its current DEI policies.
The Deere (NYSE: ) company said in July it would not
participate in or support a foreign community or
cultural awareness ceremonies, festivals, or
events. A farm equipment maker too
confirmed the existence of the variety
ratios and pronoun identification never
it was company policy and it is not.
Harley-David In August, the motorcycle manufacturer said that
son would not participate in the HRC study and had
ended its DEI plans.
Brown-Forman, the producer of Jack Daniel’s, said it would confirm
high incentives and employee goals
tied to the operation of the business, cease participation
in the HRC study and its majority is discarded
workforce and supplier diversity objectives.
Lowe’s (NYSE: ) home improvement chain will be no more
participate in HRC research and will include its own
various business resource groups represent
various workers become one umbrella
organization. Lowe said in August it will be
do not sponsor or participate in public events
such as parades, festivals, or fairs.
Ford Motor (NYSE: ) The automaker said it will change its DEI
program, including ending participation in
A group-level LGBTQ advocacy program.
Molson Coors (NYSE:) The beer maker said it will end its holdings
Drink in the HRC index, and it will arrest the officer
incentives in business performance not
the goals of representing desires begin
next year.
Boeing (NYSE: ) The airplane maker has gone global
department of diversity, equality and inclusion
according to Bloomberg News. Boeing diversity
vice president Sara Liang Bowen announced
October on LinkedIn that he has left it
company.
Walmart (NYSE: ) The retail bellwether can’t think anymore
race and gender to increase diversity there
provides supplier contracts and returns
racial equity training. Walmart too
to stop participation in standards by HRC and
it also updates its support for Pride and more
events.
The telecommunications company ended its DEI
Meta programs, including those for recruitment, training
Platforms and supplier selection.
The ecommerce giant was “running out of time
Amazon.com Programs and Materials” as part of a review of the
hundreds of programs, according to the memo
sent to staff in December.
