PepsiCo has confirmed that it is discontinuing some of its diversity, equity, and inclusion (DEI) initiatives, while Coca-Cola continues to voice support for its own inclusion efforts. In a memo to employees, PepsiCo CEO Ramon Laguarta announced the company will no longer set goals for minority representation in managerial roles or its supplier base. Instead, sponsorships will be aligned with events and groups that promote business growth. Laguarta emphasized that inclusion remains a priority for PepsiCo, whose brands include Gatorade, Lay’s, Doritos, Mountain Dew, and Pepsi. The company’s chief diversity officer will transition to a broader role focused on employee engagement, leadership development, and fostering an inclusive culture. n nSince President Donald Trump returned to office last month, U.S. government agencies, companies, and schools have been reassessing DEI-related policies aimed at reducing discrimination against minorities, women, and LGBTQ+ individuals. Trump ended DEI programs within the federal government and warned schools to follow suit or risk losing federal funding. n nMeanwhile, Coca-Cola reaffirmed its commitment to DEI, stating in its annual report that failing to attract employees reflecting its diverse customer base could negatively impact its business. The company aims to have women in 50% of senior leadership roles by 2030 and achieve race and ethnicity representation matching U.S. census data at all levels. Conservative activist Robby Starbuck praised PepsiCo’s decision while criticizing Coca-Cola’s continued focus on DEI policies. n n— news from The Associated Press
