Substrate
finance

Companies Reduce DEI Programs Following Policy Shifts

Dr. Bernice A. King said many companies retreated from diversity, equity, and inclusion commitments made after 2020. Some firms including Delta Air Lines and Costco have maintained their programs despite scrutiny.

fortune.com
1 source·May 19, 7:05 PM(9 days ago)·1m read
|
Companies Reduce DEI Programs Following Policy Shiftsfortune.com
Audio version
Tap play to generate a narrated version.

Dr. Bernice A. King said companies that quickly scaled back diversity, equity, and inclusion programs after 2020 revealed they were never deeply committed to the initiatives. King spoke Tuesday at Fortune’s 2026 Workplace Innovation Summit in Atlanta. She stated that organizations which retreat under pressure demonstrate their true priorities.

King noted that some leaders face difficult choices when federal scrutiny affects funding or legal exposure. She cited universities weighing continued DEI policies against potential litigation costs. Delta Air Lines stated in its 2025 ESG report that it is actively valuing diversity, boldly pursuing equity, and consciously promoting inclusion through hiring and employee programs.

Costco shareholders rejected a proposal last year to evaluate risks tied to DEI practices, with more than 98 percent of shares voting against it.

Eaddy said consistency builds trust with consumers and employees even when they disagree with a company’s position. She added that treating DEI as a marketing exercise rather than a core principle creates volatility and distrust. Theresita Richard described Patagonia’s approach of embedding values through employee and customer civic engagement programs.

She said daily actions must align with stated commitments to avoid cognitive dissonance. King said long-term success requires courage, listening, and showing care across all employee communities.

Key Facts

Dr. Bernice A. King
CEO of The King Center and daughter of Martin Luther King Jr.
98 percent
Costco shares voted against DEI risk review proposal
86 percent
Gen Zers more likely to stay with DEI-supporting employer
61 percent
Gen Zers would never apply to non-DEI-supporting company

Story Timeline

4 events
  1. 2020

    Companies pledged DEI initiatives after George Floyd murder.

    1 sourcefortune.com
  2. 2025

    Delta issued ESG report stating commitment to diversity and equity.

    1 sourcefortune.com
  3. 2025

    Costco shareholders rejected proposal to review DEI risks.

    1 sourcefortune.com
  4. Tuesday

    Dr. Bernice A. King spoke at Fortune Workplace Innovation Summit.

    1 sourcefortune.com

Potential Impact

  1. 01

    Companies maintaining DEI programs may retain higher shares of Gen Z employees.

  2. 02

    Organizations that reduced DEI face potential employee and consumer distrust.

Transparency Panel

Sources cross-referenced1
Confidence score75%
Synthesized bySubstrate AI
Word count216 words
PublishedMay 19, 2026, 7:05 PM
Bias signals removed2 across 1 outlet
Signal Breakdown
Loaded 1Framing 1

Related Stories

SEC Chair Paul Atkins Says Congress Will Pass Crypto Legislationibtimes.com
finance1 hr agoDeveloping

SEC Chair Paul Atkins Says Congress Will Pass Crypto Legislation

SEC Chair Paul Atkins stated he is confident Congress will pass crypto market structure legislation. He added that President Trump will sign the bill into law.

WA
BI
2 sources
Iran Says Strait of Hormuz Management Belongs to Iran and Omanasiaone.com
finance1 hr agoDeveloping

Iran Says Strait of Hormuz Management Belongs to Iran and Oman

Iran's Foreign Ministry spokesperson stated that control of the Strait of Hormuz must be decided solely by Iran and Oman. The spokesperson also said no agreement has been reached with the United States and that current focus remains on ending the war.

DE
LI
ZE
IN
4 sources
Fed Official Highlights Regulatory Barriers to AI Productivity Gainscnbc.com
finance1 hr agoDeveloping

Fed Official Highlights Regulatory Barriers to AI Productivity Gains

A Federal Reserve official stated that productivity growth remains key to economic expansion and that regulatory hurdles are the main obstacle to sustained gains from artificial intelligence.

FI
FI
2 sources