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  • Reuters

    Factbox-US companies tweak diversity policies as challenges mount

    By Reuters,

    2 hours ago
    https://img.particlenews.com/image.php?url=04Qj0i_0vBNz5qL00

    (Reuters) - More U.S. companies are modifying their diversity, equity, and inclusion (DEI) programs meant to boost racial and ethnic representation at workplaces amid rising pressure from conservative groups.

    At least six major U.S. companies, including JPMorgan Chase, modified their DEI policies last year, according to a Reuters review of corporate statements.

    Here is a list of companies that have either dropped the DEI program or made tweaks to some of the policies in 2024:

    Company Statement

    Starbucks In March, the coffee giant's shareholders voted

    for an executive compensation plan that dropped

    a bonus related to DEI goals.

    Tractor The company in late June said that it would no

    Supply longer submit data to the Human Rights Campaign

    (HRC), which advocates for LGBTQ rights.

    Tractor Supply also said it would eliminate DEI

    roles and retire its current DEI goals.

    Deere The company in July said that it would not

    participate in or support external social or

    cultural awareness parades, festivals, or

    events. The farm equipment maker also

    reaffirmed that the existence of diversity

    quotas and pronoun identification have never

    been and are not company policy.

    Harley-Dav In August, the motorcycle manufacturer said it

    idson would not participate in the HRC survey and had

    ended its DEI initiatives.

    Brown-Form The Jack Daniel maker has said it would ensure

    an that executive incentives and employee goals

    are tied to business performance, end

    participation in the HRC survey and scrap its

    quantitative workforce and supplier diversity

    goals.

    Lowe's The home improvement chain will no longer

    participate in HRC surveys and will combine its

    various business resource groups that represent

    diverse employees into one umbrella

    organization. Lowe's said in August it would

    not sponsor or participate in community events

    such as parades, festivals, or fair.

    (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Sriraj Kalluvila)

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