Bank Street Journal
  • Business
  • Politics
  • World
  • Investing
  • Business
  • Politics
  • World
  • Investing
No Result
View All Result
Bank Street Journal
No Result
View All Result
Home Business

Lowe’s becomes latest company to dial back DEI efforts aimed at LGBTQ groups

August 29, 2024
in Business
Lowe’s becomes latest company to dial back DEI efforts aimed at LGBTQ groups
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Home goods retailer Lowe’s is paring back its efforts to promote LGBTQ inclusion — the latest large company to respond to a growing cultural backlash led by conservatives targeting queer representation in public life.

In an internal company memo being widely shared among media organizations, Lowe’s told employees it was ending its participation in surveys for the Human Rights Campaign (HRC), the country’s largest LGBTQ advocacy group, and would also combine company resource groups designed to support minority employees into one umbrella organization.

The company said it would also end sponsorship and participation in community events such as parades, festivals or fairs — a reference to Pride parades. As recently as 2019, Lowe’s was a sponsor of the Pride parade in Charlotte, North Carolina.

A company spokesperson did not respond to a request for comment.

Though some media reports suggested Lowe’s was reversing its diversity efforts writ large, the changes appear to specifically target LGBTQ representation. Lowe’s has previously won praise as a diversity champion — it earned a perfect score in HRC’s most recent corporate equity index that examines its policies protecting LGBTQ workers.

Since 2018, Lowe’s has been led by an African American CEO, Marvin Ellison; in June, Ellison was named Ethical Leader of the Year by the Society for Human Resource Management, the country’s largest HR organization.

As of Tuesday morning, Lowe’s continued to operate a webpage dedicated to its diversity efforts.

“We’re committed to fostering a culture where every member of the Lowe’s team truly feels they belong,’ it says. ‘When associates can be their authentic selves at work, they perform at their best — and when that happens, we all win.”

The page features a quote from its director of human resources: ‘On our team, we care about the whole you. We’ve built an environment where different viewpoints and backgrounds are respected and valued.’

Lowe’s changes follow closely on the heels of announcements by Harley Davidson and Jack Daniel’s parent, Brown-Forman, as well as similar changes this year by Tractor Supply, John Deere and Best Buy. The New York state comptroller, which manages the state’s $207 billion public pension fund, which has investments in Best Buy, then questioned the company’s commitment to inclusivity and supporting the LGBTQ community.

The unofficial leader of the corporate pressure campaign is Robby Starbuck, a video streamer and right-wing online activist. Monday, Starbuck posted on X claiming that he helped provoke the changes at Lowe’s, saying he received an email from a Lowe’s executive in response to a warning he sent the company that he planned to ‘expose’ its ‘woke’ policies.

‘We’re now forcing multi-billion dollar organizations to change their policies without even posting just from fear they have of being the next company that we expose,’ he wrote. ‘We are winning and one by one we WILL bring sanity back to corporate America.’

Starbuck did not immediately respond to an emailed request for comment.

Lowe’s reversal shows a conservative push against queer rights that began with Target and Bud Light in previous years continues apace, and it has helped clarify that the campaign against ‘woke’ is more often than not an effort to silence LGBTQ voices.

In a statement, Orlando Gonzales, HRC’s senior vice president of programs, research and training, said in an emailed statement: “Hasty, shortsighted decisions contrary to safe and inclusive workplaces will create a snowball effect of negative long-term consequences for companies, cutting them off from top talent, turning off LGBTQ+ and other consumers, and impacting companies’ bottom line.”

‘Retreating from these principles undermines both consumer trust and employee success,” Gonzales said.

This post appeared first on NBC NEWS

Previous Post

Ukrainians have learned to live with power blackouts. But a cold, dark winter is looming

Next Post

Home prices hit record high in June on S&P Case-Shiller Index

Next Post
Home prices hit record high in June on S&P Case-Shiller Index

Home prices hit record high in June on S&P Case-Shiller Index

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Apple expected to roll out texting update that would hit GOP hardest ahead of midterms, fundraisers say

    Apple expected to roll out texting update that would hit GOP hardest ahead of midterms, fundraisers say

    August 28, 2025
    White House demands all Gaza hostages return home ‘this week’ amid stalled talks

    White House demands all Gaza hostages return home ‘this week’ amid stalled talks

    August 28, 2025
    Trump asks SCOTUS to uphold freeze on billions in USAID payments

    Trump asks SCOTUS to uphold freeze on billions in USAID payments

    August 28, 2025
    Bill Gates met with Trump to talk ‘importance of US global health programs and health research’: spox

    Bill Gates met with Trump to talk ‘importance of US global health programs and health research’: spox

    August 28, 2025
    Disclaimer: bankstreetjournal.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Providence Gold Mines Inc. Options La Dama de Oro Gold Property

    Providence Gold Mines Inc. Options La Dama de Oro Gold Property

    August 21, 2025

    Trump confirms 2 nuclear submarines are ‘in the region’ to counter Russia

    Trump confirms 2 nuclear submarines are ‘in the region’ to counter Russia

    August 5, 2025

    Recent News

    Apple expected to roll out texting update that would hit GOP hardest ahead of midterms, fundraisers say

    Apple expected to roll out texting update that would hit GOP hardest ahead of midterms, fundraisers say

    August 28, 2025
    White House demands all Gaza hostages return home ‘this week’ amid stalled talks

    White House demands all Gaza hostages return home ‘this week’ amid stalled talks

    August 28, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • World
    • Investing

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved