Beer giant Molson Coors announced Tuesday that it was cutting its corporate diversity program, becoming the latest company to abandon diversity, equity and inclusion (DEI).
Molson Coors Sent The company informed employees that it would stop linking executive compensation to diversity hiring, eliminate supplier diversity targets and no longer cooperate with the Human Rights Campaign's company rankings.
Conservative activist Robbie Starbuck shared a copy of the memo, saying it was preparing an attack on the company's diversity programs.
Other companies, including Ford, Lowe's and Harley-Davidson, have also backtracked on diversity policies.
Bloomberg continued:
US companies are scaling back DEI programs that some conservatives say discriminate against white men. The backlash comes as wave DEI policies are being introduced across US companies in response to employee and customer anger over the killing of George Floyd by a white police officer in 2020.Conservative activists are a business Drop DEI advocates warn that this retreat could harm employees.
Polls reveal that Americans think corporations are becoming too political.
A July Rasmussen poll found that 48% of Americans believe DEI programs discriminate against white men, and an August Gallup poll found that Americans are increasingly tired of companies meddling in political current events.
Daniel Cameron, CEO of 1792 Exchange and former Attorney General, said: Breitbart News Daily How many companies are abandoning their DEI and ESG policies?
Kudos to Hal Lawton, CEO of Tractor Supply Co. We are seeing companies like John Deere, Harley Davidson, Brown-Forman (Jack Daniels) making decisions and many in the tech industry moving back to the center on issues like ESG and DEI. They are dropping DEI policies because they know that at the end of the day, companies don't have to be built on diversity, equity, and inclusion, they have to be built on merit, excellence, and intelligence.
Cameron said: Breitbart News Daily Listeners are “taking notice,” and thanks to some “brave and courageous” CEOs, “we're going to bring them back to neutral.”
Sean Moran is a policy reporter for Breitbart News. Follow him on Twitter. Sean Moran 3.
