Molson Coors pumps the brakes on DEI practices
From NBCUniversal: 2024-09-04 11:57:26
Molson Coors is eliminating supplier diversity quotas, citing complexities and external factors. The company will focus on representative suppliers and business performance – removing aspirational representation goals. They’re rebranding Employee Resource Groups as Business Resource Groups and will redirect charitable giving to core business goals. This comes in response to a trend of companies reversing DEI policies, GM Tractor Supply, Harley-Davidson, and Lowe’s. Ford plans to slash supplier diversity quotas, reflecting a broader reconsideration of DEI practices following the George Floyd murder and the BLM protests. Despite the Supreme Court reversing affirmative action in colleges, leading to concerns about a similar impact on corporate initiatives, companies remain vigilant against growing anti-DEI sentiment.
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