diversity and inclusion (D&I) News

Top Japanese Firms Scrap Employment System That Held Women Back

Japan’s biggest financial firms are abolishing decades-old employment practices that kept women off the corporate ladder. Nippon Life Insurance Co., Japan’s largest insurer, and MUFG Bank Ltd., a unit of the nation’s biggest banking group, are among firms that in …

EEOC Chief Shifts Focus to Investigating DEI but Methods Provoke an Outcry

The acting chief of the top federal agency for protecting worker rights has signaled a pivot toward prioritizing President Donald Trump’s campaign to stamp out diversity, equity and inclusion programs in the private and public sectors. The initial steps taken …

Women in UK Financial Services Still Earn a Fifth Less Than Men

The average woman working in the UK financial sector earns about a fifth less than their male colleagues, a reflection of how the gender pay gap has stubbornly persisted even during a period when businesses pledged to address workplace inequity …

UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds

Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable.” Further progress may …

Trump Has Companies in Europe and Asia Walking a DEI Tightrope

Donald Trump’s executive order dismantling diversity, equity and inclusion efforts is making waves at international companies in Europe, Asia and beyond — but only on the surface. Quietly, many businesses are standing firm on diversity initiatives. Companies from Roche Holding …

UK Financial Watchdogs Drop Diversity and ‘Name and Shame’ Reforms

Britain’s top financial regulators have scrapped proposed new rules to boost diversity and inclusion in the industry, and mothballed a fresh crackdown on non-financial misconduct, citing fears of imposing unnecessary regulatory burdens on firms. The Prudential Regulation Authority and Financial …

British Drugmaker GSK Abandons Diversity Targets Following Trump Pressure

British drugmaker GSK will no longer set diversity targets, it said on Thursday, as it became the latest company to scale back or abandon such goals in response to the U.S. president’s opposition to them. President Donald Trump has issued …

Berkshire Hathaway Removes Diversity and Inclusion From Annual Report

Warren Buffett’s Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and inclusion. Berkshire’s annual report includes a section describing how the conglomerate’s 189 operating businesses, which …

Trump Puts Federal DEI Staff on Paid Leave as Cuts Take Shape

Federal employees in diversity, equity and inclusion roles will be placed on paid leave Wednesday as their offices related to those programs are being ordered to shut down after President Donald Trump’s executive orders, White House Press Secretary Karoline Leavitt …

Amazon Is Halting Some of Its Diversity and Inclusion Programs

Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US companies to abandon efforts to build a more diverse workforce. In a memo to employees, Candi Castleberry, a senior human …