The U.S. Equal Employment Opportunity Commission has opened a formal investigation into Nike, Inc. ($NKE) for possible systemic race discrimination against white employees and job applicants. The EEOC is seeking information on Diversity, Equity, and Inclusion policies that may have led to intentional race discrimination. Nike is required to produce records dating back to 2018, including details on hiring, promotions, layoffs, and career advancement programs. The investigation includes 16 programs that allegedly offered race-restricted opportunities. Nike’s increased federal lobbying activity on labor and employment matters is also under scrutiny. Stay tuned for updates on this developing story.

Read more at Quiver Quantitative: EEOC Opens Investigation Into Nike Over Alleged Race Discrimination Tied to DEI Policies