Disney's New Direction in Diversity and Inclusion

In a significant move, The Walt Disney Company is set to overhaul its diversity, equity, and inclusion (DEI) programs, as reported by Axios. This strategic shift aims to align more closely with business outcomes, marking a new chapter in Disney's approach to fostering an inclusive workplace.

Changes in Executive Compensation Evaluation

One of the notable changes involves the replacement of the "Diversity & Inclusion" performance factor with the "Talent Strategy" factor in evaluating executive compensation. This new factor emphasizes how values contribute to business success, reflecting Disney's commitment to integrating diversity into its core business strategies.

Rebranding and Restructuring Initiatives

Disney is also phasing out the Reimagine Tomorrow initiative and rebranding its "Business" Employee Resource Groups (BERGs) as "Belonging" Employee Resource Groups. These changes signify a refreshed focus on creating a sense of belonging and inclusivity among employees, further driving the company's mission to reflect the diversity of its global audience.

Additionally, sources indicate that Disney will reword previous advisory disclaimers, ensuring clarity and alignment with its updated DEI objectives.