List of US CEOs supporting DEI efforts grows despite Republican pressure: Report

The list of CEOs in the US who are publicly backing their companies' diversity, equity, and inclusion (DEI) policies is growing. This comes after several firms such as Meta, Walmart, and McDonald's rolled back their DEI efforts due to pressure from conservative groups and the White House.

One of Trump's first executive orders after taking office was to place federal DEI employees on administrative leave as work began to dismantle their departments. Deutsche Bank's CEO Christian Sewing is the latest to publicly support DEI policies. He joins JPMorgan's Jamie Dimon and Goldman Sachs' David Solomon as well.

The report quoted Sewing as having said during a Frankfurt press conference that Deutsche Bank was "firmly behind" its DEI programs and that they are "integral" to its strategy."Quite honestly, I know what diversity has brought us on the management board at the top reporting level," he said. "That's why we are strong supporters of these programs."However, if the legality of DEI programs should ever change, the bank might reevaluate its stance, he added.