'Ford joins list of companies walking back DEI policies' - CNBC
Portfolio Pulse from Benzinga Newsdesk
Ford Motor Company has decided to revise its DEI policies, eliminating quotas for minority dealerships and suppliers, and will no longer participate in certain equality indices and workplace lists.
August 28, 2024 | 6:46 pm
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Ford Motor Company has revised its DEI policies, removing quotas for minority dealerships and suppliers, and will no longer participate in the Human Rights Campaign's Corporate Equality Index and other workplace lists.
Ford's decision to revise its DEI policies and exit certain equality indices may impact its corporate image and investor sentiment. However, the direct financial impact is unclear, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100