Rev. Al Sharpton called for a boycott of PepsiCo over its decision to scale back on Diversity, Equity, and Inclusion (DEI) initiatives. Sharpton and his organization have threatened to withdraw patronage from companies that do not uphold their DEI commitments.
Key Points
Sharpton called for a boycott of PepsiCo due to its decision to scale back on DEI initiatives
He threatened to withdraw patronage from companies that do not uphold their DEI commitments
PepsiCo CEO stated they would no longer have established goals for minority representation at the managerial level
Pros
Promotes accountability for companies regarding DEI commitments
Raises awareness about the importance of Diversity, Equity, and Inclusion
Cons
May lead to division and controversy
Could potentially impact PepsiCo's reputation and profits