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Nearly all Fortune 500 companies still maintain corporate DEI commitments [Video]

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Venture Capital

FIRST ON FOX: A new report looked at company statements, annual reports and other publicly available documents from every Fortune 500 company and found that virtually all of them have maintained their commitments to “diversity, equity and inclusion” (DEI) despite a trend of private companies relinquishing these commitments amid growing criticism.

Walmart, last week, became the latest major company to roll back its DEI commitments. The private sector’s move away from such commitments, which include race-based hiring practices or other preferential treatment provided based on someone’s immutable characteristics, has been strong enough that it spurred a cohort of 49 Democratic lawmakers in the House of Representatives to pen a letter several weeks ago to the country’s Fortune 1000 companies, urging them not to give in to pressure to dismantle their DEI commitments. The lawmakers argued that such commitments help provide for a fairer shot at the American Dream for “everyone.” 

The effort to ensure that “everyone” …

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