Walmart Inc. is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by conservative activists. The changes, confirmed by Walmart on Monday, are sweeping and include everything from not renewing a five-year commitment for a racial equity centre set up […]
Molson Coors Beverage Co. says it’s dropping its diversity, equity and inclusion policies and taking a “broader view” in which all employees know they’re welcome, but groups representing the LGBTQ2S+ community say the move is a step backward. An internal memo shared by the brewing company with the Canadian Press said Molson Coors’ DEI employee training is […]
The TD Bank Group has taken significant steps toward promoting diversity, equity and inclusion, says the bank’s first racial equity audit, noting it could do more on aspects like consistency and measurement. TD was the first of Canada’s big six banks — and among the first companies in Canada — to agree to conduct such an audit […]
Nearly three-quarters (72 per cent) of business leaders have increased their organization’s investment in diversity, equity and inclusion over the past 12 months, according to a new survey by the World 50 Group, a global community of business leaders. Direct reports to the chief executive officer were most likely to feel they have access to […]
Nine in 10 (90 per cent) U.S. employees say they’ve personally benefitted from diversity, equity and inclusion initiatives at work, according to a new survey by Benevity Inc. The survey, which polled 1,000 full-time employees, found 62 per cent said employers should dedicate more effort to DEI given the current period of economic uncertainty. Indeed, two-thirds […]
The Ontario Teachers’ Pension Plan is setting higher expectations for increased participation of women in board roles at large-cap companies in 2023. The pension fund’s proxy voting guidelines advocate for large-cap companies on developed market indices to increase the number of women directors on their boards to a minimum of 40 per cent, up from […]
AstraZeneca is taking steps to dismantle unconscious bias in the workplace as part of its wider efforts to embed diversity, equity and inclusion into its business practices. DEI has been a priority for the multinational pharmaceutical company for many years, specifically in the area of unconscious bias, says Gena Restivo, its vice-president of human resources, […]