Shareholders at 30 major US companies, including Costco, Apple, and Mastercard, overwhelmingly rejected anti-DEI proposals during the 2025 proxy season. The companies, worth a combined $13 trillion, saw most proposals defeated by margins of 98% to 99%. The shareholder voting results were tracked by Impactivize, a nonprofit project focused on DEI in the private sector. “Shareholder voting margins send a clear message: Investors understand that diversity is good for business,” said the project’s founder in a press release. 30 Major companies back DEI Impactivize analyzed anti-DEI proposals sent to companies
Dutch semiconductor equipment supplier ASML has ended its DEI targets in the US to comply with executive orders in the country. The company made the announcement on Wednesday, stating that its diversity and key performance targets would not apply to US workers to the point that its inclusion and diversity policies conflict with US laws and orders. Still, it would remain intact in all other markets. ASML rolls back its DEI efforts ASML becomes another European company ending its DEI initiatives to avoid any disciplinary action from the executive orders
The pace of diversity, equity, and inclusion (DEI) policy rollbacks at the nation’s largest corporations is slowing, despite high-profile political and corporate pushback, a new study has found. The findings follow a renewed anti-DEI wave, triggered by President Donald Trump’s January 20 executive order ending all federal diversity initiatives. Since then, major companies like Meta, Google, JP Morgan, and Target have scaled back or altered their DEI policies. But according to a new Gravity Research report, while the initial response was swift, the momentum behind corporate DEI dismantling has since
Juneteenth commemorates June 19, 1865, the day more than 250,000 enslaved Black people in Galveston, Texas, finally learned that slavery had been abolished – two and a half years after the signing of the Emancipation Proclamation. The first Juneteenth was observed in 1866 and has been celebrated by Black Americans for generations before finally being recognized as a federal holiday in 2021. Corporations Pull Support This year, many traditional Juneteenth celebrations are being scaled back or canceled due to declining support for diversity, equity, and inclusion (DEI) programs, according to AP
References to DEI on annual reports of FTSE 100 companies in the UK have declined, according to The Observer. Mentions of DEI, as well as the number of pages containing the phrase and revisions on it, fell by more than 16% compared to the annual reports for 85 companies in 2023 and 2024. While references to environmental, social, and governance (ESG) and revisions on the term decreased by 22%, the data points to influence from the US after President Trump revoked a six-decade-old executive order that prohibited workplace discrimination by
On May 25th, hundreds of people knelt in prayer outside of local Target stores to commemorate the fifth anniversary of George Floyd’s murder. The prayer lasted for 9 minutes and 29 seconds—the exact time Minneapolis police officer Derek Chauvin knelt on Floyd’s neck, according to Afro.com. Faith leaders across the country led the prayer, including Pastor Jamal Bryant, who had led the 40-day boycott against the retailer, which has now evolved into a complete cancellation. “Effective immediately. Target is canceled,” he said. The company doesn’t “value who it is that
Melissa Butler, founder and CEO of The Lip Bar, shared that sales have declined by 30% since the boycott of Target began earlier this year. The boycott is in response to Target’s decision to roll back its DEI efforts, which include a commitment to increasing Black representation by 20% and a program to feature more products by Black- and minority-owned businesses. Butler is now calling on consumers to support Black-owned businesses through other channels, including buying from them directly. The Lip Bar’s sales declining In a video posted on social media,
It’s been a tough few months for Target after it rolled back its DEI efforts. In a bid to boost company morale, CEO Brian Cornell wrote a memo to employees, but it may have caused more confusion. Cornell admitted that it has been “a tough few months” between the retail economy and “headlines, social media, and conversations that may have left you wondering,” as The Minnesota Star Tribune stated. However, he said Target’s culture and commitment to staff remain the same. Target ending its DEI efforts In January, the retailer announced
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 more companies are rejecting the anti-DEI wave. Bristol Myers Squibb stood firm on their DEI efforts, highlighting the importance of an inclusive workforce. Berkshire Hathaway also backed its DEI initiatives as shareholders rejected an anti-DEI proposal. Goldman Sachs, however, removed references associated with DEI on its website. Here are some of the latest changes we think you should know about. Remember to
Alondra Nelson, a professor at the Institute for Advanced Study in New Jersey, has announced her resignation from the National Science Board and the Library of Congress Scholars Council. In an op-ed for Time Magazine, Nelson detailed the hostile environment at the Library of Congress since January 2025, the month President Trump commenced his second term. “We’ve also seen civil servants fired and accused of not making the mark, vendors’s contracts ignored, and grants and fellowships cancelled,” she wrote, detailing rising political interference and a breakdown in the integrity of US knowledge institutions. Normalization
