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Matthew Pavelek • Feb 07, 2024

Business Leaders Urge Fortune 500 CEOs to Maintain and Expand Business Diversity Initiatives

In an open letter to CEOs of the country’s largest Corporations, NaVOBA and leading business advocacy organizations cite evidence of the value of business diversity.

Today a dozen influential business leaders sent an open letter to Fortune 500 CEOs urging them to maintain and expand their commitments to diversity initiatives in the face of opposition from a vocal minority that is out of step with public sentiment and disregards the needs of businesses.


The business leaders show that diversity initiatives create critical bottom line benefits for companies and the economy by driving innovation, competitiveness, and contributing to stronger corporate performance.


The letter reads in part: “We know continued investments in diversity initiatives are essential to the success of your business and our country’s economy. We also understand that companies are recalculating their risk tolerance in light of these unprecedented challenges that seek to dismantle your programs. We remain steadfast in our efforts to advance economic growth, free market competition, and opportunities for individuals, including diverse entrepreneurs, to pursue the American Dream.”


Click here to download the full letter. 

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