The corporate world still hasn’t learned their lesson. There will be more ‘Bud Light’ situations in 2024.
Axios reports:
Executives say they’re still committed to DEI, new survey findsExecutives remain committed to DEI — diversity, equity and inclusion — despite a rising backlash against it, per a survey released Wednesday.Why it matters: The survey’s results come as the anti-DEI noise is getting louder.Zoom in: 57% of 322 U.S. execs surveyed in November 2023 by the employment law firm Littler said their organizations have expanded their DEI programs over the past year. And 36% have maintained them.
- At the same time, 59% of execs, a mix of chief legal officers, chief diversity officers, chief people officers and other c-level folks, said they believe backlash towards these efforts has increased since the Supreme Court’s June decision that race couldn’t be used as an explicit factor in university admissions.
Catch up fast: The court’s ruling wasn’t about employers, but in its wake companies grew anxious that any programs that take race into account would be vulnerable to litigation.
- And since then, activists have filed so-called reverse discrimination lawsuits against law firms for their minority fellowship programs.
- There’s also ongoing litigation — filed by the same group behind the Supreme Court affirmative action case — over the Fearless Fund, a VC firm that focuses on Black women.
What’s happening: For the most part, instead of panicking and getting rid of programs, companies are auditing their initiatives to ensure there are no legal risks, said Jeanine Conley Daves, a shareholder at Littler.
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