April 8 (Reuters) - Corona beer maker Constellation

Brands ( STZ ) scrapped its diversity, equity and inclusion

programs on Tuesday, joining an increasing number of

corporations curbing their DEI goals after U.S. President Donald

Trump's opposition to them.

In January, Trump issued an executive order that directed

federal agencies to terminate DEI programs and urged private

companies to end "illegal DEI discrimination and preferences."

Over the past year, major companies including Walmart ( WMT )

, Target ( TGT ) and Amazon.com ( AMZN ) have rolled back

their DEI policies, aimed at women, ethnic minorities, LGBTQ+

people and other traditionally underrepresented groups.

The brewer renamed its DEI team to inclusive culture team

and changed its supplier diversity program to now focus on local

small businesses instead of diverse suppliers, according to a

statement by CEO Bill Newlands on its website.

"As we're all fully aware, we are operating in an

increasingly polarized and highly charged environment and a

shifting legal landscape related to social and political

issues," Newlands said.

The Modelo Especial owner said it would end its

participation in external surveys by an LGBTQ advocacy group and

was pausing all activities beyond their core business

priorities.

Constellation Brands ( STZ ) is set to report its fourth-quarter

results after markets close on Wednesday.

Earlier on Tuesday, Barclays ( JJCTF ) scrapped its DEI

targets across the United States.