BlackRock, the world's largest asset manager, recently released its annual report without the usual diversity, equity, and inclusion (DEI) statements.
This change marks a significant shift from previous reports, which prominently featured BlackRock's commitment to DEI initiatives and workforce demographics.
CEO Larry Fink, previously a strong advocate for DEI, has seemingly altered the company's approach, reflecting broader political and legal pressures.
The omission of DEI details follows recent legal challenges and a presidential executive order scrutinizing such corporate initiatives.
