Which US Companies Are Pulling Back on Diversity Initiatives?

READ TIME: 12 MIN.

Walmart

The world's largest retailer confirmed in November that it would not be renewing a five-year commitment for an equity racial center set up in 2020 after the police killing of George Floyd, and that it would stop participating in the HRC's Corporate Equality Index.

Walmart also said it will better monitor its third-party marketplace to make sure items sold there do not include products aimed at LGBTQ+ minors, including chest binders intended for transgender youth.

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.


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