Factbox: US companies drop diversity policies after Trump's order

Tractor Supply Co

12/02/2025 12:31

(Changes dateline and adds Goldman Sachs, ISS, BlackRock and
Disney)
       Feb 12 (Reuters) - From Google to Target, many major
U.S. companies have dropped or considered altering their
diversity, equity and inclusion (DEI) policies following
President Donald Trump's executive order to curtail such
programs at the federal and private level.
    Even before Trump took office, big corporations were under
increasing pressure from conservative groups to cut back on DEI
policies aimed at boosting racial and ethnic representation at
the workplace. 
    Here are some of the companies that have already scrapped
their DEI policies or are facing pressure to pare back such
programs:

 Company       Statement
 Starbucks     In March, the coffee giant's shareholders voted
  SBUX.O       for an executive compensation plan that dropped
               a bonus related to DEI goals.
 Tractor       The company in late June said that it would no
 Supply        longer submit data to the Human Rights Campaign
  TSCO.O       (HRC), which advocates for LGBTQ rights.
               Tractor Supply also said it would eliminate DEI
               roles and retire its current DEI goals.
 Deere  DE.N   The company said in July it would not
               participate in or support external social or
               cultural awareness parades, festivals, or
               events. The farm equipment maker also
               reaffirmed that the existence of diversity
               quotas and pronoun identification have never
               been and are not company policy.
 Harley-David  In August, the motorcycle manufacturer said it
 son  HOG.N    would not participate in the HRC survey and had
               ended its DEI initiatives.
 Brown-Forman  The Jack Daniel's maker said it would ensure
  Bfb.N        executive incentives and employee goals are
               tied to business performance, end participation
               in the HRC survey and scrap its quantitative
               workforce and supplier diversity goals.
 Lowe's        The home improvement chain will no longer
  LOW.N        participate in HRC surveys and will combine its
               various business resource groups that represent
               diverse employees into one umbrella
               organization. Lowe's said in August it would
               not sponsor or participate in community events
               such as parades, festivals, or fairs.
 Ford Motor    The automaker said it will change its DEI
  F.N          program, including ending participation in an
               LGBTQ advocacy group's ranking system.
 Molson Coors  The beer maker said it will end participation
 Beverage      in the HRC index, and will tie executive
  TAP.N        incentives to business performance and not
               aspirational representation goals beginning
               this year. 
 Boeing        The planemaker has dismantled its global
  BA.N         diversity, equity and inclusion department
               according to Bloomberg News. Boeing's diversity
               vice president Sara Liang Bowen announced in
               October on LinkedIn that she had left the
               company.
 Walmart       The retail bellwether will no longer consider
  WMT.N        race and gender to boost diversity when
               granting supplier contracts and is scaling back
               racial equity training. Walmart is also
               stopping participation in rankings by HRC and
               also reviewing its support for Pride and other
               events.
 Meta          The social media company ended its DEI
 Platforms     programs, including those for hiring, training
  META.O       and picking suppliers. 
 Amazon.com    The ecommerce giant was "winding down outdated
  AMZN.O       programs and materials" as part of a review of
               hundreds of initiatives, according to a memo
               sent to employees in December.
 McDonald's    The fast-food chain is retiring its goal for
  MCD.N        diversity in corporate leadership and shifting
               away from some diversity practices. McDonald's 
               also said the company's diversity team will now
               be called its "global inclusion team."
 Apple         The iPhone maker's board recommended investors
  AAPL.O       vote against a shareholder proposal by National
               Center for Public Policy - a conservative
               think-tank - to abolish the company's DEI
               programs.
 Target        The big-box retailer said in January it was
  TGT.N        ending its DEI  program and Racial Equity
               Action and Change (REACH) initiatives this
               year, which included plans to add more than 500
               Black-owned brands. 
 Vanguard      The top mutual fund manager Vanguard removed a
               statement from its 2024 policy that, in
               addition to having a diversity of tenure and
               skills, a board should also, "at a minimum,
               represent diversity of personal
               characteristics, inclusive of at least
               diversity in gender, race, and ethnicity."
 Google        Alphabet's  GOOGL.O  Google is scrapping its
               goal to hire more employees from
               underrepresented groups and is reviewing some
               DEI initiatives.
 Accenture     The company will start "sunsetting" the
  ACN.N        diversity goals it implemented in 2017, along
               with career development programs for "people of
               specific demographic groups" after an
               evaluation of the changing U.S. political
               landscape.
 Goldman       The bank canceled a four-year-old policy to
 Sachs  GS.N   only take public companies that had two diverse
               board members, citing legal developments
               related to board diversity requirements.
 Institutiona  The top proxy adviser will no longer consider
 l             the gender, racial, or ethnic diversity of U.S.
 Shareholder   company boards when making its voting
 Services      recommendations.
 BlackRock     The world's largest asset manager recently
  BLK.N        eliminated a 30% diversity target for boards
               from late 2021.
 Walt Disney   The media giant is tweaking its DEI programs to
  DIS.N        focus more closely on business outcomes.
 
 (Reporting by Ananya Mariam Rajesh and Savyata Mishra in
Bengaluru; Editing by Alan Barona and Devika Syamnath)
 ((AnanyaMariam.Rajesh@thomsonreuters.com; X: https://twitter.com/AnanyaMariam))