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Stock impact report

McDonald's is the latest company to roll back diversity goals [CNBC]

Deere & Company (DE) 
Last deere & company earnings: 2/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.deere.com/home/default.aspx
Company Research Source: CNBC
Supreme Court's decision that outlawed affirmative action in college admissions. McDonald's is the latest big company to shift its tactics in the wake of the 2023 ruling and a conservative backlash against diversity, equity and inclusion programs. Walmart , John Deere, Harley-Davidson and others rolled back their DEI initiatives last year. McDonald's said Monday it will retire specific goals for achieving diversity at senior leadership levels. It also intends to end a program that encourages its suppliers to develop diversity training and increase the number of minorities in their own leadership ranks. McDonald's said it will also pause “external surveys.” The Chicago burger giant didn't elaborate, but several other companies, including Lowe's and Ford Motor Co ., suspended their participation in an annual survey by the Human Rights Campaign that measures workplace inclusion for LGBTQ+ employees. McDonald's rolled out a series of diversity initiatives in 2021 after a spate of Show less Read more
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