Inside the plot to take back control from diversity zealots [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
inclusion (DEI) initiatives, according to a co-founder of one of the UK's most active LGBT charities, Stonewall. Simon Fanshawe, who was one of six activists to set up the group, has said he is increasingly seeing a shift in attitude over the role diversity schemes should have in corporate Britain. “It seemed self-evidently right [in the past] but now they're saying, ‘Actually I'm not convinced that a high-street retailer should take a position on anti-conversion therapy,” he says. “Because what's that got to do with the price of beans?'” It is a debate that is being had across boardrooms across the country, as HR chiefs admit among themselves that some of their peers have embarked on passion projects that have little to do with the workplace. As some of America's largest companies slash their DEI budgets, UK-based executives are scratching their heads over which way to go next. Some worry that the advice they have taken on diversity could have misrepresented equality laws,
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