Simone Foxman

3 weeks ago | news.bloombergtax.com | Jeff Green |Simone Foxman |Kim Bhasin

It was just over a year ago when Nike Inc.’s then-CEO, John Donahoe, trumpeted a flashy 90-second video, hyping a report about the company’s efforts to improve diversity and equality. The report, he said in a LinkedIn post, is “a testament to our belief in the transformative power of sport.” Nike had released some version of it since at least 2001, often with similar fanfare. But this year, the company won’t publish that report.

3 weeks ago | bloomberg.com | Jeff Green |Simone Foxman |Kim Bhasin

A Nike Well Collective store in New York. Nike joins a growing list of companies that are either canceling or late in publishing their corporate impact reports. (Bloomberg) -- It was just over a year ago when Nike Inc.’s then-CEO, John Donahoe, trumpeted a flashy 90-second video, hyping a report about the company’s efforts to improve diversity and equality.

1 month ago | benefitnews.com | Simone Foxman

Walmart stunned civil-rights activists in November by saying it was pulling back on diversity, equity and inclusion efforts. The world's largest retailer said it would stop using the term "DEI" in official communications, remove some LGBTQ products from its website and no longer consider race and gender to boost diversity when granting supplier contracts, among other changes. Six months later, the company's moves seem less like a reversal and more like modest changes.

1 month ago | news.bloombergtax.com | Simone Foxman

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

1 month ago | news.bloomberglaw.com | Simone Foxman

Walmart Inc. stunned civil-rights activists in November by saying it was pulling back on diversity, equity and inclusion efforts. The world’s largest retailer said it would stop using the term “DEI” in official communications, remove some LGBTQ products from its website and no longer consider race and gender to boost diversity when granting supplier contracts, among other changes. Six months later, the company’s moves seem less like a reversal and more like modest changes.