AXIOS November 27, 2023
U.S. companies’ diversity, equity and inclusion efforts are losing momentum this year after the Supreme Court’s June affirmative action ruling, per a consulting firm’s new report.
Why it matters: The slowdown is a reversal from the explosion in corporate DEI after George Floyd’s killing pushed companies to act to address racial inequality.
- “2023 has undeniably shifted the DEI landscape for years to come,” write the authors of a report out Monday from DEI consulting firm Paradigm.
- “External forces are no longer pushing companies to invest in DEI; instead, in some cases, external forces are pushing back on companies’ investment in DEI.”
Catch up fast: In June the Supreme Court struck down affirmative action in colleges — ruling that...