Tag #Dei

nbcnews.com
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Corporate DEI Programs Face Backlash in 2024

In 2024, facing social and political pressure, many major US corporations reduced or ended their Diversity, Equity, and Inclusion (DEI) programs; several states also banned DEI in public universities, reversing a trend of widespread corporate support following the 2020 social justice movement.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Costco Rejects Shareholder DEI Risk Proposal, Reaffirms Commitment to Inclusion

Costco's board rejected a shareholder proposal questioning the financial risks of its DEI policies, emphasizing its commitment to inclusion and aligning with its mission, despite concerns raised about potential lawsuits and reputational damage; FY24 data shows opportunities for increased representat...

Progress

60% Bias Score

Gender Equality
forbes.com
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DITI Framework Shows Inclusion-Based DEI Delivers Superior Financial Results

The DITI framework, analyzing offerings by direct/indirect and tangible/intangible benefits, reveals that an inclusion-focused approach to DEI yields stronger financial results than a diversity-focused approach, reducing risks and aligning with leadership priorities.

Progress

16% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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House Passes Bill Targeting DEI Initiatives in Federal Government

The House Oversight Committee passed the Dismantle DEI Act of 2024, aiming to eliminate DEI initiatives in federal agencies and restrict their use by federal contractors, prioritizing merit over identity in accreditations; the bill's passage is causing fear and uncertainty in the private sector.

Progress

64% Bias Score

Reduced Inequality
taz.de
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US Court Blocks Nasdaq's Diversity Mandate, Reflecting National DEI Shift

A US federal appeals court blocked Nasdaq's diversity mandate for corporate boards, impacting 3,300 companies and reflecting a broader trend among US firms abandoning DEI initiatives, despite concerns about hindering progress toward true equality.

Progress

68% Bias Score

Gender Equality
forbes.com
🌐 75% Global Worthiness
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Nasdaq Diversity Rule Rejection: Shifting Board Composition Strategies

A federal court struck down Nasdaq's proposed rules mandating board diversity, impacting DEI initiatives; however, the Conference Board's 2024 report shows increased board diversity but slower progress, while the rise of general counsel as board members offers a new perspective.

Progress

52% Bias Score

Gender Equality
foxnews.com
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University of Iowa to Close Gender Studies Department Amidst Statewide DEI Rollbacks

The University of Iowa announced plans to close its Gender, Women's, and Sexuality Studies and American Studies departments, merging them into a new Social and Cultural Analysis major by July 1, 2025, following a state-level push to scale back DEI initiatives; the decision is pending board approval.

Progress

44% Bias Score

Gender Equality
theglobeandmail.com
🌐 85% Global Worthiness
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US DEI Rollback Challenges Canada's Progress

Major US corporations are dismantling their DEI programs in 2024, creating a challenge for Canada to maintain its progress in diversity, equity, and inclusion, as evidenced by the contrasting experiences of leaders like Wes Hall and Walied Soliman, who, despite their success, faced systemic barriers...

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Supreme Court Case Could Reshape Corporate DEI Programs

The Supreme Court will rule in 2025 on Ames v. Ohio Department of Youth Services, a reverse discrimination case that could significantly impact corporate DEI programs by potentially lowering the evidentiary bar for such claims; the ruling could affect five federal circuits that currently require add...

Progress

36% Bias Score

theguardian.com
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Jamaica Moves to Become a Republic

Jamaica's parliament introduced a bill to abolish the constitutional monarchy and become a republic, following similar moves by Barbados, Dominica, Guyana, and Trinidad and Tobago.

Progress

24% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Walmart Reverses DEI Initiatives Amidst Employee Backlash

Walmart, the largest private employer in the US, reversed its Diversity, Equity, and Inclusion (DEI) initiatives, including halting DEI training and supplier selection criteria based on race and gender, following pressure from conservative activists and after a shareholder proposal for a racial equi...

Progress

56% Bias Score

us.cnn.com
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University Fires Diversity Director After Antisemitism Accusations; Lawsuit Planned

University of Michigan fired its diversity office director Rachel Dawson after accusations of antisemitic remarks; Dawson and her attorney deny the claims and plan to sue, citing First Amendment rights violations.

Progress

60% Bias Score

Gender Equality