Macy’s sets 30% goal by 2025 for diversity at the senior director level or above

Macy's Inc. unveiled a diversity and inclusion plan on Tuesday that includes a goal of 30% diversity at the senior director level or above by 2025. The department store retailer has created a yearlong program, MOSAIC, to strengthen leadership skills among managers and directors of African-American, Latinx, Native American and Asian descent. Macy's has also updated its customer bill of rights, says it will require 50% representation across the spectrum of age, gender, ethnicity and "differently-abled" subjects in its advertising by 2020, and achieve a spend of at least 5% by 2021 across a more diverse set of suppliers. Macy's released its latest sustainability report on Tuesday with goals for 2025 across environmental, social and governance issues. Macy's stock is up 2.5% in Tuesday trading, but down 58% over the last year. The S&P 500 index has gained 3% over the past 12 months.

source https://finance.yahoo.com/m/8099685a-d0e6-3dd3-8177-4775705eb2a9/macy%26%2339%3Bs-sets-30%25-goal-by.html?.tsrc=rss

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