Wed, January 29, 2025
Tue, January 28, 2025
[ Tue, Jan 28th ]: LAist
Insurance and wildfires

The Corporate DEI Divide: From Target To Disney, Here Are The Companies Scaling Back And The Ones Doubling Down

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. ies-scaling-back-and-the-ones-doubling-down.html
  Print publication without navigation Published in Business and Finance on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Diversity, equity, and inclusion (DEI) is like the studio album, "The Miseducation of Lauryn Hill" — critically acclaimed by some, misunderstood by others, and a constant source of debate. Whether celebrated or criticized,
The article from MSN discusses the varied responses of major corporations to Diversity, Equity, and Inclusion (DEI) initiatives amidst recent political and legal challenges. Companies like Target and Disney have faced significant backlash; Target scaled back its Pride Month merchandise due to customer confrontations, while Disney has been embroiled in a legal battle with Florida Governor Ron DeSantis over its opposition to the "Don't Say Gay" bill. Conversely, other companies are doubling down on DEI efforts. For instance, Starbucks has reaffirmed its commitment to diversity, with CEO Laxman Narasimhan emphasizing the importance of inclusivity. Similarly, companies like Levi Strauss & Co. and DoorDash are not only maintaining but expanding their DEI programs, with Levi's CEO Charles Bergh stating that DEI is integral to business success. This divide reflects broader societal debates on the role of corporations in social issues, with some companies retreating due to potential financial and reputational risks, while others see DEI as fundamental to their corporate identity and long-term strategy.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/human-resources/the-corporate-dei-divide-from-target-to-disney-here-are-the-companies-scaling-back-and-the-ones-doubling-down/ar-AA1y0JAt ]