11 Corporations That Are Scaling Back DEI Initiatives (5 of 6)
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Lowe’s
Lowe’s restructured its employee resource groups following the Supreme Court’s ruling, consolidating them under a single organization instead of maintaining separate identity-based groups.
The retailer also announced that it would no longer participate in the HRC index or sponsor events such as Pride festivals and parades that are not directly related to its core business activities.
Brown-Forman
Brown-Forman, the parent company of Jack Daniel’s, withdrew from the HRC Corporate Equality Index as part of broader changes to its DEI approach. Company leadership explained that since launching its diversity strategy in 2019, shifting legal and business landscapes necessitated an updated approach.
The company stated it would no longer set numerical targets for workforce and supplier diversity but would instead integrate inclusion efforts into broader business performance goals.