(Reuters) – Meta Platforms (NASDAQ: ) and Amazon.com (NASDAQ: ) have joined a growing number of U.S. companies in lowering their diversity, equity, and inclusion (DEI) standards, which are intended to improve racial representation. and ethnicity in the workplace against the backdrop of increasing pressure from conservative groups.
At least six major US companies, including JPMorgan Chase (NYSE:), have changed their DEI policies in the past year, according to a Reuters review of corporate statements.
Here is a list of companies dropping the DEI program or changing some policies in 2024:
Company Statement
Starbucks (NASDAQ:) In March, the coffee giant’s shareholders voted
for an executive compensation plan that falls
a bonus related to the purposes of the DEI.
Tractor The company in late June said it was not
Provide longer data submissions to the Human Rights Campaign
(HRC), which promotes LGBTQ rights.
Tractor Supply (NASDAQ: ) also said it will eliminate DEI
roles and retirement of current DEI goals.
Deere (NYSE: ) The company said in July that it would not
participate in or support external social or
cultural awareness parades, festivals, or
events. The farm equipment maker too
reaffirmed that the existence of diversity
quota and pronoun identification never existed
was and is not company policy.
Harley-David In August, the motorcycle manufacturer said this
son does not participate in the HRC survey and has
concluded the DEI initiatives.
Brown-Forman The maker of Jack Daniel’s said it can be sure
executive incentives and employee goals are
tied to business performance, termination of participation
of the HRC survey and scrap its quantitative
workforce and supplier diversity goals.
Lowe’s (NYSE: ) The home improvement chain is no more
participate in the HRC survey and integrate it
various business resource groups representing
different employees into one umbrella
organization. Lowe said in August that it could
will not sponsor or participate in community activities
such as parades, festivals, or fairs.
Ford Motor (NYSE: ) The automaker said it will change its DEI
program, including ending participation in a
LGBTQ advocacy group ranking system.
Molson Coors (NYSE: ) The beer maker said it will stop participating
Drink the HRC index, and tie executive
business performance incentives and no
aspirational representation goals began
next year.
Boeing (NYSE: ) planemaker dismantled its global
diversity, equity and inclusion department
according to Bloomberg News. Boeing’s diversity
vice president Sara Liang Bowen announced the
October on LinkedIn that he left the
company.
Walmart (NYSE: ) The retail bellwether doesn’t think anymore
race and gender to maximize diversity if
award supplier contracts and scale back
racial justice training. Walmart too
stop joining the HRC ranks and
also reviewed its support for Pride and others
events.
The social media company has terminated its DEI
Meta programs, including for hiring, training
Platforms and choice of suppliers.
The ecommerce giant has “gone in the past
Amazon.com programs and materials” as part of a review of the
hundreds of initiatives, according to a memo
sent to employees in December.