Ford reverses course on DEI initiatives along with other companies

Ford Motor Walks Back Commitments to DEI Initiatives

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Ford Motor Company is the latest company to reevaluate its diversity, equity, and inclusion (DEI) initiatives amidst a changing social and political landscape. In a recent internal communication shared with global Ford employees, the automaker announced that it has taken a fresh look at its DEI policies and practices over the past year.

This decision by Ford follows in the footsteps of other major companies such as Tractor Supply and Harley Davidson, who have also made adjustments to their DEI efforts. Tractor Supply, one of the first major companies to halt its DEI initiatives, cut ties with the Human Rights Campaign and retired DEI targets like increasing the representation of employees of color at the manager level. Harley Davidson, whose board of directors includes Ford CEO Jim Farley, recently decided to stop consulting the HRC’s metrics for LGBTQ+ employee treatment and confirmed that it does not have a DEI function.

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Home improvement retailer Lowe’s has also joined the movement by indicating that it may make additional changes to its DEI policies in the future in response to the evolving landscape. The companies have cited reasons such as conservative backlash and a desire to appeal to more rural or conservative-leaning customers for their decision-making.

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In a statement released by Ford, CEO Jim Farley mentioned that the company will no longer use quotas for minority dealerships or suppliers and does not have hiring quotas. Ford will also cease participating in the Human Rights Campaign’s Corporate Equality Index and various other "best places to work" lists.

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The decision to step back from these initiatives has garnered criticism from organizations like the Human Rights Campaign, which evaluates over 1,300 companies annually based on their LGBTQ+ equality measures. Despite Ford’s decision to withdraw from the Corporate Equality Index, the organization will continue to score the company on the list.

At Extreme Investor Network, we believe that staying informed about companies’ actions and decisions in the DEI space is critical for investors and stakeholders alike. Our platform provides unparalleled insights into the ever-evolving business landscape and empowers readers to make informed decisions.

While many companies, including automakers like Ford, initially ramped up their DEI commitments following social movements like the Black Lives Matter protests, a shift in the political and legal environment has prompted some to reassess their strategies. Stay informed with us as we continue to cover the latest developments in the business world.

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"As a global company, we will continue to put our effort and resources into taking care of our customers, our team, and our communities versus publicly commenting on the many polarizing issues of the day," Ford said in a statement to employees. "There will of course be times when we will speak out on core issues if we believe our voice can make a positive difference."

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