Goldman Sachs and Delit has become the latest major companies to expand the scope of diversity, fairness and integration policies (DEI) as American political pressures, especially under the influence of Donald Trump’s position to combat de.
Goldman Sachs has dropped its requirements that the companies that seek the public must have at least one member of the Board of Directors from the background of an active representative. The policy was presented in 2020, and was designed to encourage the greatest diversity in the leadership of companies. However, the Investment Bank referred to legal developments, including removing the NASDAC condition for companies to detect the diversity of the board of directors, as a reason for its decision.
Meanwhile, the US DELOTTE department in the United States has instructed employees working on US government contracts to remove pronouns from e -mail signatures and close their DEI program. According to an internal email message sent to 15,000 employees in its governmental practices and public services, this step corresponds to “emerging government customer practices and requirements.” Deloitte has also announced plans to gradually get rid of the annual diversity report.
The changes reflect the increasing trend between private companies that respond to the Conservative Vultures of the Dei initiatives. Trump’s recent executive orders reflected the DEI policies within the federal government, where employees are now required to report colleagues who continue to enhance diversity measures. While these directions do not extend to private companies, Trump urged the US Prosecutor’s Office to explore ways to apply them on a broader scale.
The services of institutional shareholders (ISS), which advises the main investors to govern the corporate governance. As of February 25, it will no longer recommend voting against American companies that fail to meet the goals of the sexes or ethnic diversity at the board of directors, while admitting that companies re -evaluate their obligations in light of changing government policies.
This trend has already affected the major companies. Google has recently abandoned its commitment to increase the appointments from the historically represented groups, while Meta and Amazon also announced the decline in diversity programs through employment, training and selection of suppliers.
The reverse reaction against Dei’s efforts has intensified since the Black Lives Matter protests, with right-wing personalities-including Elon Musk-Chol, without evidence, that diversity policies contributed to cases of failure to emergency responses to modern disasters.
With the growing sector companies increasingly for external pressure, the future of companies’ diversity initiatives appears to be inconsistent.
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