Molson Coors Reverses Diversity Policies

The brewing giant shifts focus from DEI initiatives to core business goals, joining other major corporations.

Molson Coors will eliminate supplier diversity quotas and shift executive incentives away from diversity hiring.
The company will rebrand Employee Resource Groups as Business Resource Groups, maintaining their function but altering focus.
Molson Coors will cease participation in external DEI rankings, including the Human Rights Campaign's Corporate Equality Index.
Corporate charitable giving will now focus on business-related goals like alcohol responsibility and disaster relief.
This move follows similar decisions by companies like Ford, Lowe's, and Harley-Davidson.