Hold the Beer: When Corporate 'Inclusivity' Goes on Retreat

Fri Sep 06 2024
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The article discusses how many major companies are scaling back their diversity, equity, and inclusion (DEI) initiatives under pressure from far-right activists opposed to such efforts. Examples given include Lowe's, Ford, John Deere, Harley-Davidson, Tractor Supply, and Molson Coors, the latter of which is even dropping an LGBTQ+ equality metric from the Human Rights Campaign.
The backlash against DEI has intensified since 2020 due to conversations sparked by George Floyd's murder, with Bud Light facing scrutiny for partnering with a transgender influencer. Companies are now caught between appeasing shareholders and avoiding controversy over the issue, and marketing experts warn that wavering on DEI can damage reputation and investor confidence in the long run. The article raises questions about corporate responsibility and navigating social issues while serving various customer segments
https://localnews.ai/article/hold-the-beer-when-corporate-inclusivity-goes-on-retreat-c3a337a9

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