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Over the past couple of years, there has been a surge in the recruitment of chief diversity officers (CDOs) as companies aim to address concerns over structural racism and sexism in the workplace. However, recent data shows that this trend is slowing down, with CDO hiring declining by 4.5% in the past year. Notably, several high-profile CDOs in the entertainment industry have left their positions, and some companies have even eliminated the role altogether. Critics argue that this reflects a growing discomfort with “woke capitalism” and a lack of genuine commitment to diversity and inclusion, while others believe that progress is still being made.
Today, we discuss the latest hearings on the ESG agenda in the US House of Representatives and a BBC documentary that has raised concerns about the potential influence of a major agricultural chemicals producer.
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