In recent developments, major US companies such as Meta, McDonald’s, Walmart, Bank of America, and BlackRock have revised their diversity, equity, and inclusion (DEI) strategies. According to ESG News, despite these changes, a new report from Morningstar Sustainalytics suggests that these rollbacks will have a minimal impact on ESG (Environmental, Social, and Governance) risk ratings. However, the nuances of these adjustments and their broader implications merit closer attention from investors. Head of Sustainable Investing Research at Morningstar Sustainalytics, Hortense Bioy highlighted that while DEI modifications raise concerns, they are unlikely...