McDonald’s is joining a growing list of companies that are pulling back on diversity, equity and inclusion initiatives. Like others before it, the fast-food chain cites a U.S. Supreme Court decision in July of 2023 that outlawed affirmative action in college admissions.
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Additionally, the company will no longer consider race and gender as a litmus test to improve diversity when it offers supplier contracts and it won’t be gathering demographic data when determining financing eligibility for those grants.CEO Jim Farley sent a memo to the automaker’s employees in August outlining changes to the company’s DEI policies, including a decision to stop taking part in HRC’s Corporate Equality Index., he wrote, had been looking at its policies for a year.
The retailer also will no longer participate in the HRC index, and will stop sponsoring and participating in events, such as festivals and parades, that are outside of its business areas.said in July that it will no longer sponsor “social or cultural awareness” events, and that it would audit all training materials “to ensure the absence of socially-motivated messages” in compliance with federal and local laws.
Equity And Inclusion Mcdonalds Corp. Tractor Supply Co. George Floyd Finance Business Racial Injustice Business Jim Farley Ford Motor Co. Lowes Companies Inc. Supreme Court Of The United States
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