Disney Quietly Axes Diversity and DEI from Its Latest Corporate Report

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For the first time in six years, Disney’s annual report doesn’t mention “diversity” or “DEI” (Diversity, Equity, and Inclusion), according to a review of filings with the Securities and Exchange Commission by Business Insider. The term “D&I” (Diversity and Inclusion) was also absent from the report.

Disney recently revised its efforts to promote diversity, equity, and inclusion, including launching a “Global Belonging Week” in October. The company is now focusing more on the words “inclusion” and “belonging” because terms like “diversity” and the abbreviation “DEI” have become controversial, particularly since Donald Trump’s presidency.

Disney’s annual report to investors, called a 10-K, usually includes information about executive salaries, potential risks, and company initiatives. However, the 2025 report didn’t mention “diversity,” “DEI,” or “D&I” at all. While the word “equity” appeared 130 times, it was only used when discussing financial matters.

The report briefly touched on inclusivity within its discussion of workforce development. The company stated its HR programs are designed to build skills and improve company culture by creating a more welcoming and engaging workplace. They also announced new programs for leadership development and professional coaching that began in the 2025 fiscal year.

Disney isn’t the only company shifting away from the term ‘DEI.’ Workplace expert Mita Mallick, who wrote Reimagine Inclusion, explained to Business Insider that many companies are now preferring terms like ‘belonging’ and ‘culture’ because ‘DEI’ has become politically sensitive.

A recent analysis by Gravity Research of over 1,300 documents from Fortune 100 companies found that the use of the term “DEI” dropped by 98% in 2025. According to Mallick, this reflects the current business landscape.

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2025-11-17 11:44