Walmart Pulls Back On DEI—Could We See More Companies Adopting MEI? [Forbes]
Lowe's Companies, Inc. (LOW)
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Source: Forbes
Corbis via Getty Images Walmart joins the growing list of corporations retreating from diversity, equity, and inclusion (DEI) initiatives, in response to mounting pressure from conservative activists. The big-box retailer, which is the nation's largest private employer with about 1.6 million workers, revealed on Monday its decision to scale back various diversity programs. Walmart will cease selling certain LGBTQ-related items on its website and will not renew its commitment to the Center for Racial Equity. This nonprofit organization, established by the retail giant in 2020, following nationwide protests triggered by George Floyd's death, was initially supported by a $100 million, five-year pledge to combat systemic racism. Additionally, Walmart will no longer provide data to the Human Rights Campaign and similar organizations that monitor corporate LGBTQ policies. The company has also gradually discontinued its supplier diversity initiatives, which previously offered favora
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