Business is starting to think more about ROI than DEIBusiness is starting to think more about ROI than DEI
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Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter.
Several days ago, over the Martin Luther King Jr holiday weekend in the US, the big four accounting firm PwC announced that it would be dropping some of its diversity targets in the US. Race-based criteria would no longer be used for awarding scholarships or places on an internship program.
It was odd timing for the announcement, perhaps, but it reflected a broader American trend. Since the Supreme Court’s decision last June to reverse affirmative action, many companies are rethinking…