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Diversity News
Medium
3d
174
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The DEI Backlash in VC: Why I’m More Fired Up Than Ever
- The recent DEI pushback is affecting women in venture capital and has motivated the founder of unlock VC, a platform and community for women in VC.
- Diverse teams and funds drive more successful companies and better returns, as seen through data and examples from the UK.
- The impact of supporting women in VC becomes evident at events like the annual summit, promoting solidarity and hope for positive change.
- Preferential treatment and lack of diversity in VC hinders merit-based decisions and limits the potential innovation and inclusive practices in the industry.
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Insider
1w
168
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America's biggest companies are waging a stealth campaign to dismantle DEI
- Corporate America is quietly rolling back their Diversity, Equity, and Inclusion (DEI) efforts, with companies like Target, Walmart, Google, and Meta scaling back on DEI programs.
- While some companies have made public announcements about DEI, others are subtly burying DEI efforts by removing mentions in annual reports and filings with the Securities and Exchange Commission.
- The political and legal landscape has created a cloud of ambiguity around DEI, leading companies to fear backlash and potential litigation, prompting them to scale back DEI initiatives.
- Companies are strategically avoiding overt DEI language to fly under anti-DEI sentiments, with some firms silently pulling back on diversity-oriented programs.
- Major companies like General Motors, PepsiCo, Disney, Philip Morris International, and Mondelez International have either trimmed or completely eliminated sections on diversity and inclusion in their annual reports.
- Heightened political scrutiny and shifting legal interpretations have pressured companies to cautiously navigate their DEI disclosures to avoid backlash and controversy.
- The fear of being targeted for promoting DEI has led many companies to surreptitiously remove DEI references to mitigate potential threats of lawsuits or negative attention.
- Companies are reconsidering programs that may draw legal scrutiny, opting to make changes to avoid potential controversies or legal battles, such as altering scholarships or fellowships targeting underrepresented communities.
- Conservative state authorities, legal groups, and individuals are pressuring companies over DEI practices, resulting in legal challenges and enforcement actions that are causing companies to reassess their approaches to diversity initiatives.
- Overall, companies are reevaluating their DEI strategies in response to political shifts and legal risks, highlighting the complexity and challenges they face in navigating DEI efforts in the current business climate.
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TechCrunch
1w
888
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Ulu Ventures sticks to its diversity strategy, raises $208M
- Ulu Ventures raises $208 million for its fourth fund.
- The firm, co-founded by Miriam Rivera, plans to maintain its strategy of investing in diverse founders.
- Ulu uses a data-driven investment approach to eliminate biases.
- The firm's fourth fund is 50% larger than its previous fund, indicating support from limited partners.
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Cinema5D
2w
275
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Disability and Stuttering Representation in Entertainment – Marc Winski on HBO Max’s “The Penguin”
- Marc Winski discusses disability and stuttering representation in entertainment
- Marc acted as a coach on HBO Max's show 'The Penguin' to create an authentic stuttering performance
- Current state of disability representation in the entertainment industry is lacking and relies on stereotypes
- Marc focused on physicality and internal feelings to create an authentic portrayal of stuttering
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Blackenterprise
2w
298
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Andrew Young Talks Trump’s Latest Policies: ‘I Don’t Know What Kind Of Games They’re Playing’
- Former Atlanta Mayor Andrew Young says he is “not worried” about the Trump administration’s new policies.
- Young believes the administration's proposals are just talk and games.
- He thinks Trump is not balanced and hopes politicians remember his message of kindness, patience, and forgiveness.
- Young is not interested in discussing local politics, focusing on other matters like his health and the upcoming Super Bowl.
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Gritdaily
1d
100
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Why Women Make the World Safer for Everyone
- 49 women-led organizations formed the “Peace for Sudan Platform”, demanding inclusion in formal negotiations.
- Women's representation in peace agreements and decision-making processes remains low, hindering global security.
- Research shows that societies with gender equity between men and women are more peaceful.
- To build a more secure future, proactive measures should be adopted to amplify women's voices and engage men as allies.
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6 Likes
Insider
2d
1.3k
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Citigroup drops its diversity targets, renames its DEI unit
- Citigroup is dropping its diversity targets and renaming its DEI team.
- The move comes amid a growing backlash over diversity efforts since President Donald Trump took office.
- CEO Jane Fraser announced the changes in a memo to staff.
- Other companies, including Amazon, Meta, Target, Walmart, and Goldman Sachs, have made similar moves.
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Medium
2d
134
Image Credit: Medium
Winter Literary Festival with The Pragmatic Bookshelf
- The Pragmatic Bookshelf is teaming up with codebar.io to host a Winter Literary Festival from February 24th to 28th.
- The festival will feature four days of AMAs on various topics such as Elixir, JavaScript, web application frameworks, serverless architecture, and diagramming.
- The AMAs will be hosted by Devtalk, and participants will have a chance to enter a raffle for free ebooks.
- Please note that the 40% discount offered cannot be applied to previous purchases or The Pragmatic Programmer: 20th Anniversary Edition.
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Medium
6d
271
Image Credit: Medium
Transparently: A Female Founder Office Hours (FFOH) Success Story
- Becki Cassia, CEO and Co-founder of Transparently, secured investment from Mint Ventures after connecting with their team during a virtual FFOH event.
- Transparently is a family law legal case management platform that allows clients to engage with lawyers on an unbundled basis and pay for legal services as their resources allow.
- Transparently raised a funding round of £300K, with support from Angel Investors and Innovate UK, closing in November 2024.
- Becki Cassia learned about Female Founder Office Hours through her mentor in the Microsoft for Start-Ups Programme and sought to meet people who could help the company progress.
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Gritdaily
1w
330
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Transforming Conflict Resolution: The Case for Investing in Women Peacebuilders
- Investing in women as peacebuilders is crucial amidst escalating conflicts and fragile peace agreements, utilizing their unique contributions rooted in peacebuilding, empathy, and community engagement.
- Women peacebuilders play essential roles in mediation, reconciliation, response efforts, protection, and disarmament campaigns, showcasing proven effectiveness in conflict resolution and sustainable peace.
- Formal peace processes have shortcomings, highlighting the need for more inclusive and locally-led peacebuilding efforts where women's organizations can have a significant impact.
- Research indicates a 35 percent increase in the likelihood of peace agreements lasting at least 15 years when women are involved in the peace process, emphasizing the importance of gender equality in conflict resolution.
- Despite their significant contributions, women's peacebuilding organizations are severely underfunded, receiving only 0.2 percent of bilateral aid for conflict-affected countries with limited long-term funding and excessive reporting requirements.
- Philanthropic institutions can play a crucial role in supporting women peacebuilders by providing trust-based, unrestricted funding to enhance operational flexibility and scalability in peacebuilding efforts.
- Calls for innovative funding approaches, philanthropic support, and streamlined administrative processes are essential to empower women's peacebuilding organizations for more effective conflict resolution and sustainable peacebuilding.
- A shift towards more flexible funding models, supported by philanthropists like Cynda Collins Arsenault, can lead to improved impact and long-term strategic planning in the peacebuilding sector.
- To advance peace and security processes, increased investment in women's peacebuilding organizations through simplified funding mechanisms and greater philanthropic engagement is crucial for achieving lasting peace.
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Insider
1w
909
Image Credit: Insider
Why Goldman Sachs dropped its DEI requirement from IPOs
- Goldman Sachs has dropped its policy requiring IPO clients to have at least two diverse board members.
- The change was prompted by a December court ruling on Nasdaq's board diversity initiative.
- A law professor questions if the ruling on Nasdaq applies to Goldman Sachs.
- Goldman Sachs still believes in the benefits of board diversity and will encourage it.
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HRM Asia
1w
12
Amazon and Accenture scale back DE&I efforts amid shifting corporate landscape
- Amazon removes references to 'inclusion and diversity' from its annual report, reflecting a shift in corporate stance on DE&I initiatives.
- Accenture also phases out its global diversity and inclusion goals and discontinues DE&I targets as KPIs.
- Major tech organizations like Meta and Google have scaled back DE&I efforts following legal threats from conservative groups.
- A coalition of attorneys-general oppose dismantling corporate DE&I programs and reaffirm commitment to enforcing civil rights laws.
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Siliconangle
2w
355
Image Credit: Siliconangle
Female tech leaders highlight diversity as key to innovative decision-making
- The technology industry is becoming more diverse as more women take on key roles and drive innovation.
- Diversity in technology leads to creativity, problem-solving, and better solutions that address a wider range of challenges.
- Having a diverse set of individuals with different backgrounds, points of view, and experiences is essential for creativity and innovation.
- Promoting gender diversity efforts and fostering camaraderie and innovation among female tech leaders is crucial for the future.
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Silicon
2w
103
Image Credit: Silicon
Google Joins Others In Ending Diversity Initiatives
- Alphabet’s Google has joined other big tech firms in ending some of its Diversity, Equity, and Inclusion (DEI) policies.
- The decision to halt some of its diversity hiring targets came after an executive order by President Trump pressuring government contractors to scrap their DEI initiatives.
- Trump’s executive order threatens financial sanctions on federal contractors with 'illegal' DEI programs.
- Other large tech companies, including Amazon and Meta, have also scrapped their diversity initiatives.
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Macdailynews
2w
229
Image Credit: Macdailynews
Google kills diversity hiring targets
- Google discontinues its goal of increasing hires from historically underrepresented groups and reevaluates certain diversity, equity, and inclusion (DEI) programs.
- The parent company Alphabet's annual report omits the commitment to making diversity, equity, and inclusion part of everything they do and growing a representative workforce.
- Google is evaluating whether to continue releasing annual diversity reports and reviewing court decisions and executive orders by President Trump related to DEI.
- Other major tech companies like Facebook and Amazon have also made changes to their diversity initiatives.
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