DEI Policy Changes Could Negatively Impact Business, Company Warns

Coca-Cola Warns DEI Policy Changes Could Negatively Impact Business

Coca-Cola has expressed concerns that changes to its diversity, equity, and inclusion (DEI) policies could negatively affect its business. In a recent filing, the company stated that fostering an inclusive workplace culture is "critical" to its success.

The company acknowledged that its ability to attract and retain diverse talent is crucial for driving innovation and growth. It emphasized the importance of having a workforce that reflects the diversity of its consumers and markets worldwide.

Coca-Cola remains committed to providing equal opportunities and fostering a sense of belonging within its workplaces and communities. These efforts, according to the company, are essential for its continued growth and success.

The company also warned that failure to maintain a corporate culture that promotes innovation, collaboration, and inclusion could disrupt its operations and negatively impact its business and future success.

This statement comes amidst a growing trend of major companies rolling back DEI initiatives following President Donald Trump's executive orders targeting federal diversity programs. Coca-Cola's industry rival, PepsiCo, recently scrapped its workforce demographic breakdown and removed references to DEI as a competitive advantage.

While Trump's executive orders primarily focused on the public sector, they also encourage the private sector to end "illegal DEI discrimination and preferences." Coca-Cola's chief financial officer, John Murphy, stated that the company is "focused on having the best talent around the world" and will "follow any change in regulations at the national level.