In light of the global pandemic and the current circumstances facing the entertainment industry, HBO will redirect funds allocated for the company’s landmark Emmy® party and FYC events to make a $1 million donation to the charitable efforts of the Mayor’s Fund for Los Angeles Emergency COVID-19 Crisis Fund.
“On behalf of Bob Greenblatt and myself, we are proud to make this contribution from HBO instead of using it for our traditional Emmy party and FYC events,” said Casey Bloys, president, HBO Programming. “I am tremendously proud of all of our shows in Emmy® contention this year, and I am hopeful they will receive the recognition I believe is richly deserved for all of our talented collaborators, in front of and behind the camera. We look forward to being able to get back to the work we love.”
The Mayor’s Fund for Los Angeles Emergency COVID-19 Crisis Fund is providing essential support to emergent, critical needs identified with the City as it responds to the pandemic, including support for families and small businesses, relief for healthcare workers, critical healthcare equipment, victims of domestic violence, and services for the city’s homeless population.
Differences bubble up between PepsiCo and Coca-Cola on diversity programs
PepsiCo confirmed Friday that it's ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts.
In a memo sent to employees, PepsiCo CEO Ramon Laguarta said the company will no longer set goals for minority representation in its managerial roles or supplier base. The company will also align its sponsorships to events and groups that promote business growth, he said.
Laguarta wrote that inclusion remains important to PepsiCo, whose brands include Gatorade, Lay's potato chips, Doritos, Mountain Dew as well as Pepsi. The Purchase, New York-based company's chief diversity officer will transition to a broader role focused on employee engagement, leadership development and ensuring an inclusive culture, he said.
Since President Donald Trump returned to the White House last month, U.S. government agencies, companies and schools have rushed to reevaluate policies and programs they adopted with the goal of reducing discrimination against members of minority groups, women and LGBTQ+ people.
Trump ended DEI programs within the federal government and has warned schools to end DEI programs or risk losing federal money.
PepsiCo's rollback came as Coca-Cola reaffirmed support for its DEI efforts.
In its annual report, Atlanta-based Coke warned that its business could be negatively affected if it is unable to attract employees that reflect its broad range of customers.
"Failure to maintain a corporate culture that fosters innovation, collaboration and inclusion โฆ could disrupt our operations and adversely affect our business and our future success," the company said.
Coca-Cola has set a goal of having women in 50% of its senior leadership roles by... Read More