WSJ: Diversity Goals Are Disappearing From Companies’ Annual Reports
April 21, 2024 This article discusses a trend among companies to reduce or alter the visibility of their diversity, equity, and inclusion (DEI) goals in their annual reports, particularly following legal and political challenges. It highlights that while many companies are not abandoning their DEI programs, they are becoming more cautious about how they report these initiatives due to fears of legal repercussions and political backlash. This shift is largely in response to the U.S. Supreme Court’s decision to overturn affirmative action in college admissions, which has increased scrutiny on corporate diversity policies. The article provides examples from major companies like Kohl’s and GameStop, which have made notable changes in their reporting, such as removing specific diversity targets or the mention of race altogether. It raises concerns about the transparency and commitment of companies to DEI in the long term. https://www.wsj.com/business/diversity-goals-are-disappearing-from-companies-annual-reports-459d1ef3