$1.7 Trillion in Black Buying Power
Supporting Black-owned businesses and strengthening local economies.
Holding corporations accountable for their DEI commitments.
Demanding fair policies that promote equal economic opportunities.
McDonald’s
Launched in 2021, McDonald’s DEI goals included targets to reach:
Women Globally
Underrepresented groups in U.S. in leadership roles by the end of 2025.
The letter to McDonald’s stakeholders the company said the end of the DEI goals was done after the completion of a comprehensive Civil Rights Audit (CRA), and an assessment of “the shifting legal landscape” to analyze the impact of the Supreme Court ruling on corporations.
Meta
In 2019, Facebook set a goal to hire more people from diverse backgrounds, increase diverse representation among senior leaders to:
by 2025
spend with diverse suppliers.
In a memo to employees in January, the Meta announced the end to their DEI practices due “a shifting legal and policy landscape.”
Walmart
In November 2024, Walmart said it wouldn’t renew a racial equity center that was established
through a 5-year philanthropic commitment
This, from the company with a mandate to, “address the root causes of gaps in outcomes experienced by Black and African American people in education, health, finance and criminal justice systems.”
