financetom
Business
financetom
/
Business
/
Accenture scraps diversity and inclusion goals, memo says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Accenture scraps diversity and inclusion goals, memo says
Feb 7, 2025 6:03 AM

Feb 7 (Reuters) - Accenture ( ACN ) has scrapped its

global diversity and inclusion goals after an evaluation of the

changing U.S. political landscape, according an internal memo

seen by Reuters.

The company will start "sunsetting" the diversity goals it

set in 2017, along with career development programs for "people

of specific demographic groups", said the memo from CEO Julie

Sweet.

Big Tech companies Meta, Alphabet and

Amazon ( AMZN ) are among a series of firms that had scrapped

their Diversity, Equity, and Inclusion (DEI) goals leading up to

and after Republican Donald Trump's return to the U.S.

presidency.

Sweet said Accenture's ( ACN ) policy change followed an "evaluation

of our internal policies and practices and the evolving

landscape in the United States, including recent executive

orders with which we must comply".

Since taking office on Jan. 20, Trump has issued a

number of executive orders aimed at dismantling DEI programs

across the federal government and the private sector.

Along with rolling back Accenture's ( ACN ) DEI targets - which

Sweet said would no longer be used to measure staff performance

- the company will pause submitting data to external diversity

benchmarking surveys, the memo said.

It would also evaluate external partnerships on the topic

"as part of refreshing our talent strategy", Sweet said in the

memo.

In line with goals set in 2017 and 2020, women currently

make up 48% of Accenture's ( ACN ) workforce and 30% of managing

director roles, according to its latest annual report.

The company, which hires extensively from India, had also

announced race and ethnicity goals for the U.S. and the UK in

2020.

The Financial Times was the first to report the development.

(Reporting by Rishi Kant in Bengaluru; Editing by Devika

Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exxon, Chevron acquires blocks in Brazil's environmentally-sensitive Foz do Amazonas basin
Exxon, Chevron acquires blocks in Brazil's environmentally-sensitive Foz do Amazonas basin
Jun 17, 2025
RIO DE JANEIRO, June 17 (Reuters) - Exxon Mobil ( XOM ) and Chevron ( CVX ) on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally-sensitive area. The move marks the first recent endeavor from companies other than Brazil's state-run...
Mark Cuban's Cost Plus partners with telehealth firm to offer employers obesity care drugs
Mark Cuban's Cost Plus partners with telehealth firm to offer employers obesity care drugs
Jun 17, 2025
June 17 (Reuters) - Telehealth firm 9amHealth has partnered with billionaire entrepreneur Mark Cuban's Cost Plus Drug Company to offer U.S. employers cheaper obesity treatment options, the companies said on Tuesday. Cost Plus Drugs supplies generic drugs by contracting directly with manufacturers and applying a standard markup on each drug it sells. WHY IT'S IMPORTANT Employees will now have access...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Enphase Energy Shares Decline After US Senate Committee Proposes Phasing Out Energy Credits, KeyBanc Downgrade
Enphase Energy Shares Decline After US Senate Committee Proposes Phasing Out Energy Credits, KeyBanc Downgrade
Jun 17, 2025
01:38 PM EDT, 06/17/2025 (MT Newswires) -- Enphase Energy ( ENPH ) was down 23% in recent Tuesday trading after a US Senate committee proposed phasing out renewable energy credits and KeyBanc downgraded the stock. The US Senate Finance Committee made changes to President Donald Trump's tax-cut and spending bill that will phase out solar, wind, and energy tax credits...
Copyright 2023-2026 - www.financetom.com All Rights Reserved