Constellation Brands Pulls Back on Its DEI Programs [Video]

Add Constellation Brands to the growing list of companies rethinking their approach to their diversity, equity, and inclusion initiatives.

Changes being made by Constellation include renaming its DEI operations as the inclusive culture team, renaming its supplier diversity program the supplier inclusion program, and pulling the plug on its Focus on Female Founders and Focus on Minority Founders venture funding programs.

Other changes made by the maker of popular beer brands Corona and Modelo Especial include no longer participating in surveys for LGBTQ advocacy group the Human Rights Campaign and ceasing lobbying efforts unrelated to its core business.

CEO Bill Newlands detailed the changes in a statement shared on the company’s website Tuesday, saying, “One additional hallmark of our success over the years has been our ability to recognize and adapt to shifts in consumer, employee, shareholder, and other stakeholder sentiment, as well as the surrounding environment.”

He added, “As we’re all fully aware, we are operating …