Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Business

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

by August 29, 2024
August 29, 2024
Lowe’s becomes latest company to dial back DEI efforts aimed at LGBTQ groups

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
0
FacebookTwitterGoogle +Pinterest
previous post
US, Chinese officials discuss Biden-Xi talks as American elections loom large over relations
next post
Thai court sentences son of Spanish TV star Rodolfo Sancho to life in prison for murder

You may also like

Kohl’s CEO Tom Kingsbury to step down and...

November 26, 2024

Amazon to invest another $4 billion in Anthropic,...

November 23, 2024

Broadband industry quietly abandons Capitol Hill fight to...

September 10, 2024

New Starbucks CEO Brian Niccol commits to working...

September 26, 2024

‘Moana 2’-led Thanksgiving box office could be best...

November 27, 2024

Disney rolls out line-skipping park passes costing up...

October 17, 2024

U.S. markets close sharply lower — but some...

August 7, 2024

Boeing delivers most airplanes since late 2023 after...

July 9, 2025

LimeWire acquires Fyre Festival, asking ‘What Could Possibly...

September 17, 2025

What recession? Walmart says consumers are still spending

August 15, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


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



    Latest

    • Hunter Biden was involved in pardon talks toward end of father’s term, source says

      September 18, 2025
    • WATCH: Parody drug ad spotlights RFK’s crackdown on misleading pharmaceutical marketing

      September 18, 2025
    • Senate confirms dozens of Trump nominees in first test of new nuclear rules

      September 18, 2025
    • DC watchdog sues for docs on ‘modern-day Tuskegee Experiments’ giving transgender Rx to youth

      September 18, 2025
    • Trump renews attacks on Biden autopen pardons, claims he ‘never gave the orders’

      September 18, 2025
    • Schumer accuses Trump of exploiting Charlie Kirk’s death to launch political ‘witch hunt’

      September 18, 2025

    Categories

    • Business (801)
    • Investing (661)
    • Politics (5,631)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.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.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved