Several large U.S. companies ended their DEI programs in 2024.
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SeverallargeU.S.companiesendedtheirDEIprogramsin2024.
Costco’sboardofdirectorshasencouragedshareholderstovotetosupportits“diversity,equity,andinclusion”(DEI)programafteritreceivedaproposaltorejectthepractice.
TheNationalCenterforPublicPolicy,aconservativethinktank,hadurgedCostco’sshareholdersandboardtostrikeDEIbecauseitpromoteddiscriminatorypractices,accordingtotheKirkland,Washington-basedretailerinastatementtoshareholders.
Severalcompanies,includingTractorSupplyCo.,HarleyDavidson,JohnDeere,Lowes,andothers,haveannouncedtheywillrepealtheirDEIpoliciesafterfacingpushbackfromconservativesandlawmakers.
In2024,anumberofuniversities—includingtheMassachusettsInstituteofTechnology,HarvardUniversity,andtheUniversityofMichigan—haveendedtheirpriorpracticesofsolicitingDEIstatementsforhiringandpromotions.
“It’sclearthatDEIholdslitigation,reputationalandfinancialriskstotheCompany,andthereforefinancialriskstoshareholders,”th