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Fifteen state AGs ask Business Roundtable to stop DEI (2025)
| Environmental, social, and corporate governance |
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Fifteen state attorneys general sent a letter to Business Roundtable, an organization of chief executive officers (CEOs), urging the organization and its member companies to withdraw their support for Diversity, Equity, and Inclusion (DEI) initiatives.
The Republican state attorneys general are pressuring the business group to reverse its perceived support of ESG issues. The group issued a statement in 2019 redefining the purpose of a corporation to make businesses more focused on stakeholders, not just shareholders.
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“As Attorney General, I will ensure that corporate policies are focused on our state’s success and not ideological distractions," Bailey said in a statement. "The Business Roundtable has decided that racist DEI initiatives are more important than free market. I am fighting to protect working Americans and investors from these woke political trends and blatant racial discrimination.” "We write to urge the Business Roundtable’s member CEOs to abandon the unlawful and misguided DEI initiatives that have for too long harmed businesses and consumers alike," the group wrote to the organization. … The AGs concluded by urging the Roundtable to "rededicate itself to merit-based hiring, which supports the actual purpose of a corporation and complies with employment laws."[1] |
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See also
- Environmental, social, and corporate governance (ESG)
- Economy and Society: Ballotpedia's ESG newsletter
External links
Footnotes
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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