Coca-Cola: Diverse Workforce Crucial for Success
Coca-Cola emphasizes the importance of a diverse workforce, stating that it is "critical" to the company's success. The beverage giant warns that changes to DEI (diversity, equity, and inclusion) policies could negatively impact its business.
DEI Initiatives Important for Innovation and Growth
In an annual filing, Coca-Cola highlights that its diverse employee base fosters a culture of inclusion, innovation, and growth. The company aims to create a global workforce that reflects its diverse consumer base and global operations.
Compliance with Executive Orders
While acknowledging recent rollbacks in DEI initiatives by other companies, Coca-Cola maintains its commitment to equal opportunities and fostering belonging. However, the company has indicated its willingness to follow any regulatory changes at the national level.
Coca-Cola's Rival PepsiCo Rolls Back DEI Policies
PepsiCo has scaled back certain DEI policies, including removing workforce demographic breakdowns and a statement highlighting diversity as a competitive advantage. This move comes amid the Trump Administration's executive orders targeting DEI programs in both the public and private sectors.