Hundreds of US companies have removed references to “diversity, equity and inclusion” from their annual reports in a rapid pullback from the corporate values that have become a target of President Donald Trump’s administration.
More than 200 of America’s largest corporate groups have culled mentions of DEI and related terms such as “diversity”, according to FactSet data and company filings analysed by the Financial Times.
Of the top 400 companies in the S&P 500 index, 90 per cent…
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