Molson Coors pumps the brakes on DEI practices
Molson Coors to Scale Back Diversity and Inclusion Initiatives
Brewing company Molson Coors has announced its decision to reduce supplier diversity quotas, diversity training programs, and its association with the LGBTQ+ advocacy group Human Rights’ Campaigns’ Corporate Equality Index. The move is in line with a broader trend of companies stepping back from their diversity, equity, and inclusion (DEI) efforts. Molson Coors executives stated that supplier diversity quotas were complex and influenced by external factors, and that the company aims to ensure supplier representation reflects its diverse consumer base. The company also plans to revamp its employee training programs, rebrand its Employee Resource Groups, and focus its charitable programs on core business goals.