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Disney Drops "Diversity" from 2025 Annual Report for First Time

11/14/2025

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Summary

Story summary

The Walt Disney Company (Disney) removed the terms "diversity" and "DEI" from its 2025 annual report, the first such removal since 2019, per SEC filings.
Its 10-K shows "equity" used 130 times, but only in a financial context.
The move follows a year of DEI revamps and the launch of Global Belonging Week, contrasting with the 2024 report which featured a dedicated DEI section.

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Story summary

The Walt Disney Company (Disney) removed the terms "diversity" and "DEI" from its 2025 annual report, the first such removal since 2019, per SEC filings.
Its 10-K shows "equity" used 130 times, but only in a financial context.
The move follows a year of DEI revamps and the launch of Global Belonging Week, contrasting with the 2024 report which featured a dedicated DEI section.