Lawsuits pile up against companies who failed to honor DE&I pledges after murder of George Floyd - New York Amsterdam News

  • 📰 NYAmNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The aftermath of George Floyd’s murder has led to several large corporations facing multiple lawsuits for failing to meet the diversity, equity, and inclusion (DEI) commitments they made.

The commitments were made following Floyd’s death in 2020, with businesses quickly issuing statements and pledging to adopt new ways to combat racism.However, according toAmong the most egregious parties are Wells Fargo and Delta Air Lines. Bloomberg said those companies falsely claimed that, over the past three years, they worked to promote diversity, equity, and inclusion.Wells performed “sham interviews to nominally fulfill a diversity-enhancing policy,” the lawsuit claims.

Sarah Fortt, worldwide co-chair of Latham & Watkins LLP’s environmental, social, and governance practice, told the outlet that she also noted a spike in “‘reverse discrimination’ claims.” Bloomberg continued: One strategy offered is formulating policies “aspirationally,” or in general terms. However, the report noted that the company still has work to do to achieve gender and racial parity at all levels. Additionally, some companies are incorporating innovative approaches to improve diversity and inclusion.

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:

 /  🏆 269. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines