Molson Coors latest company to step away from DEI policies

  • 📰 wsyx6
  • ⏱ Reading Time:
  • 46 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 53%

Molson Coors News

DEI Policies,Diversity,Equity

The company will do away with DEI training and supplier diversity quotas.

SAN RAFAEL, CALIFORNIA - FEBRUARY 13: Coors beer is displayed on a store shelf on February 13, 2024 in San Rafael, California. Molson Coors Beverage Company reported fourth quarter profits of $103.3 million compared to a loss of $590.5 million one year ago.

They’ll also no longer participate in an inclusion scoring system by the Human Rights Campaign.“I think we’ll continue to see anti-discrimination training which of course is appropriate, but in terms of DEI and aggressive DEI especially, I think that’s downhill,” said William Trachman, general counsel at Mountain States Legal Foundation, whose firm is involved in two DEI-related lawsuits against government agencies.

A DEI scaleback is also underway in the higher education sphere. Schools including the University of Kentucky, the University of Alabama, the University of Nebraska, and theDEI initiatives gained steam following the death of George Floyd in the summer of 2020 but received a massive blow last June when the U.S. Supreme Court struck down affirmative action in college admissions.“I’m happy to fight the fight. It’s a fight I believe in to my core," said Rodz back in June.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 444. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Molson Coors scraps 'woke' DEI policies in growing trend among US companiesAmerican beer giant Molson Coors informed employees on Tuesday it has rolled back some of its diversity, equity and inclusion policies, becoming the latest U.S. company to do so.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Molson Coors sells 4 craft breweries to cannabis companyCanadian cannabis company, Tilray, is making more moves in the craft beer space and this time it’s picking up brands from Molson Coors.
Source: denverpost - 🏆 13. / 72 Read more »