Part 3/7:
Disney was known for ambitious targets regarding DEI, pledging that 50% of its characters would come from underrepresented groups. However, with the latest developments, it seems the company has realized that such initiatives may not align well with current expectations from stakeholders. As investors commenced to demand returns rather than social experiments, reports indicate that the company is walking back on the controversial aspects of its DEI framework.
Among the notable changes is the apparent removal of the various employee resource groups centered around DEI from the public-facing website. A rebranding now emphasizes “inclusion,” ostensibly focusing more on fostering a general workplace culture rather than promoting specific quotas or representations.