Molson Coors scraps 'woke' DEI policies in growing trend among US companies

Molson Coors is rolling back its diversity, equity and inclusion initiatives, becoming the latest in a string of iconic American companies to step away from so-called "woke" policies in recent months.

The Coors Light maker said it is doing away with DEI trainings now that every employee has completed them, scrapping its defined supplier diversity goals, and starting next year, executives' compensation will solely be tied to business performance and will no longer include "aspirational representation goals.

Coors is following the lead of several other companies, including Ford, John Deere, Lowe's and Tractor Supply, that have announced updates to their DEI initiatives after becoming a target of Starbuck's pressure campaigns.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

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 »

Lowe's drops some DEI policies, latest American company to do so: memoHome improvement retail chain Lowe's is reportedly ending multiple diversity, equity, and inclusion initiatives and altering other representation-focused parts of its corporate programming.
Source: FoxBusiness - 🏆 458. / 53 Read more »