PepsiCo representatives met with civil rights leaders from the National Action Network (NAN) following Reverend Al Sharpton’s threat to lead a boycott over the company’s decision to roll back parts of its DEI efforts. On April 4, 2025, Sharpton sent a letter to Pepsi specifying the details of a planned boycott. Sharpton then issued a statement on Tuesday, April 15, stating that he and several members of NAN had a “constructive conversation” with PepsiCo Chairman Ramon Laguarta and PepsiCo North America CEO Steven Williams. PepsiCo changing its commitment to DEI
DEI Under Fire is our monthly series that keeps you up-to-date on the latest DEI announcements and changes from the nation’s leading companies. This month, we discovered that Lego removed terms associated with diversity from its annual sustainability report despite adding more “diverse” characters to make its toys more inclusive. NASA fired Neela Rajendra, an Indian-origin official who served as the chief of diversity, equity, and inclusion (DEI). Yahoo removed multiple pages and other sections associated with DEI policies from its website. Here are some of the latest changes we
Target’s foot traffic has fallen for the ninth consecutive week amidst its 40-day boycott, as stated by Retail Brew. The company’s traffic started to plummet in the first whole week after it shared that it was rolling back its DEI efforts. In March, the retailer announced that it would end its DEI programs, including its Racial Equity Action and Change (REACH) initiative and a program focused on carrying more products from Black—or minority-owned businesses. Target’s chief community impact and equity officer, Kiera Fernandez, sent a memo to staff stating, “Many
The Trump administration is urging some large companies in the EU to comply with executive orders to end DEI programs. Government officials have allegedly sent letters to companies in France and the European Union with US government contracts, stating that they should ban DEI initiatives if they want to hold on to their contracts, according to The Financial Times. “Department of State contractors must certify that they do not operate any programs promoting DEI that violate any applicable anti-discrimination laws and agree that such certification is material for purposes of
H&M has ended its partnership with the non-profit Buy From A Black Woman (BFABW) and paid the $83,000 it owed the organization almost a month after it was due, as reported by ADWEEK. BFABW was founded by Nikki Porcher in 2016. It provides Black women with educational programs, an online guide to hundreds of female-owned Black businesses, and funding to help Black women business owners achieve success. In 2021, H&M partnered with BFABW, hosting special events, and participating in its business accelerator, and organizing activities and donations tailored to Black-owned businesses.
The Black Economic Alliance Entrepreneurs Fund LP, which is raising $50 million to support young startups, is over halfway towards its goal. As stated in a filing last week with the Securities and Exchange Commission, the fund has currently raised $28.5 million and is led by venture capitalist Melissa Bradley. The Washington Business Journal reported that she shared that the fund’s investment will focus on young companies that specialize in products or services in four key areas: financial inclusion, health and wellness, sustainable communities, and what she called “narrative change”—companies focused
In 2024, US startups with Black founders received just 0.4% of total funding, the lowest share in recent years and down more than two-thirds from just three years ago. According to Crunchbase data, overall startup funding increased to $314 billion last year, but only $730 million went to Black founders. Which Black startups received the most funding last year? Twelve picked up a $200 million Series C in September, led by Capricorn Investment Group, Pulse Fund, and TPG. The startup converts carbon dioxide into jet fuel and other practical products. The company also
Anthropic has deleted commitments made during the Biden administration in 2023 to encourage safe and “trustworthy” AI, from its website according to The Midas Project. However, Jack Clark, co-founder of Anthropic, has since stated that the company still intends to honor its voluntary commitments. Biden-Era AI Policy Commitments In July of 2023, Anthropic and other companies like OpenAI, Google, Microsoft, and Meta agreed to comply with specific voluntary AI safety commitments suggested by the Biden administration. The initiatives included internal and external security tests of AI systems before release, investing
Over 100,000 people have pledged to boycott Target for 40 days in protest of the company’s rollback of DEI initiatives. The boycott, which began on Wednesday, March 4, was organized by Pastor Jamal Bryant. According to The Washington Post, the movement spans cities including Atlanta, Houston, Jacksonville, Florida, and Alexandria, Virginia. The “Target Fast” occurs simultaneously as Lent, when some Christians commit to fasting and will be the latest boycott against one of the biggest retail companies in the US. Why are people boycotting Target? In January, Target announced that
Last week, a federal judge temporarily blocked President Trump’s executive orders to cut federal support for diversity, equity, and inclusion (DEI) programs, ruling that they likely violate the First Amendment and other constitutional protections. Judge Rejects Trump’s DEI Crackdown AP News reports that US District Judge Adam Abelson in Maryland issued an injunction on February 21, preventing the administration from terminating or altering federal contracts tied to DEI. Baltimore officials and three organizations brought the lawsuit, arguing that Trump’s orders unlawfully suppress free speech and overstep presidential authority. Abelson agreed
