Last year, pharmaceutical company Eli Lilly’s annual shareholders letter referenced the acronym for diversity, equity and inclusion 48 times. This year, DEI is nowhere to be found.
In March, Starbucks got shareholder approval to replace “representation” goals with “talent” performance for executive bonus incentives. At Molson Coors, “People & Planet” metrics have displaced environmental, social and governance (ESG) goals, and the acronym DEI has disappeared altogether.
