SAP Ditches Gender Diversity Goals Due to Trump Pressure 💔
SAP Axes Initiatives Focused on Gender Equality
Hey there! Let's chat about SAP, a renowned software company, dropping its gender diversity programs due to pressure from none other than President Trump. Yep, you heard that right!
According to reports, SAP, headquartered in Düsseldorf, is no longer striving for a 40% female workforce, as it once did. And guess where this change is linked? That's right—America! An internal SAP email revealed this fascinating yet concerning shift, with gender diversity no longer being a criterion for executive board remuneration.
Despite this setback, SAP stood firm on the importance of a diverse workforce and inclusive leadership for high performance. As a multinational organization with a strong US presence, it's vital for SAP to react to legal changes. Therefore, adjustments are afoot in the "Diversity and Inclusion" sector.
Details leaked suggest further changes: SAP's US leadership quota for women will be decoupled, and the "Diversity and Inclusion Office" will merge with the "Corporate Social Responsibility" department, losing its autonomy. SAP acknowledged the modified criteria for executive board remuneration.
Adjusting to the New Climate
You might recall Trump's administration pressuring companies and NGOs with US ties for a while now to halt diversity initiatives or programs conflicting with Trump's beliefs. T-Mobile, a Deutsche Telekom subsidiary in the US, has already pledged to put an end to such programs.
SAP's CEO, Christian Klein, had some pleasant engagements with Trump, describing a meeting as "constructive." Despite this, on his first day in office, Trump imposed an executive order that prohibited US federal agencies from taking part in programs geared towards diversity, equality, and inclusion, referred to as DEI.
While the search results don't provide explicit information about how Trump's "anti-woke" decree is affecting German companies like SAP, it's worth noting Trump's anti-progressive policies, such as his targeting of DEI programs, may influence these companies' diversity and inclusion programs. However, Germans companies, including SAP, have traditionally stood by strong diversity and inclusion practices, rooted in European Union and German legal standards. 💪👌 #diversity #inclusion #politics #trump #sap #software #DiversityAndInclusionOffice
- The Commission is also proposing to increase the number of EU-funded projects that focus on diversity and inclusion in business and politics, aiming to counterbalance SAP's decision to drop its gender diversity programs.
- Remuneration for executive positions in SAP's US division will no longer be directly tied to the proportion of female employees, following the company's adjustments in the "Diversity and Inclusion" sector.
- Female employees in SAP's US business sector might react with concern as the company's quota for women in leadership positions is being decoupled from its diversity and inclusion initiatives.
- Finance departments in various EU countries, when considering investments in SAP, may take into account the company's reaction to political pressure and potential impact on diversity and inclusion.
- General news media outlets will likely cover the broader implications of Trump's anti-progressive policies on diversity and inclusion not only within the US, but in companies like SAP, that have significant US operations.