KPMG US has announced the termination of its DEI talent strategy, 'Accelerate 2025,' which was initiated in response to the 2020 Black Lives Matter movement. This decision aligns with similar moves by other Big Four firms, influenced by shifts in the legal landscape surrounding diversity initiatives. CEO Paul Knopp reassured employees of the firm's ongoing commitment to fairness and inclusivity. Alongside the closure of the strategy, KPMG has removed its annual diversity reports and will reevaluate its associated programs, indicating a fundamental change in direction regarding diversity efforts.
KPMG US has ended a DEI talent strategy originally launched in 2020, citing evolving legal landscapes, becoming the latest Big Four firm to roll back diversity initiatives.
Paul Knopp emphasized a consistent commitment to 'fairness and inclusivity', despite the cessation of the Accelerate 2025 program aimed at increasing representation.
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