For years, Ericsson's annual reports have included information on how the company works with diversity and inclusion. In the latest report, however, these are conspicuously absent.
Ericsson's latest annual report doesn't include those words at all, whereas the last one before that mentioned them 12 times, Swedish business site Dagens industri (DI) reports.
Trump has repeatedly condemned DEI guidelines, which focus on diversity, equality and inclusion, in the American public and private sectors.
The US recently demanded large European companies follow Trump's anti-DEI presidential order.
Ericsson, however, denied that the changes to its annual report were related to Trump.
"The language in this area was updated in the 2024 annual report for more clarity. We don't permit discrimination and make decisions concerning our employees based on their skills and merits in accordance with applicable laws," Ericsson's head of press told DI.
In January, the telecoms giant donated 5.5 million kronor to Donald Trump's inauguration.
"We have a very large share of the US market and we need to be able to work with whoever is sitting in the White House," the company's CEO Börje Ekholm told the TT newswire at the time.
Swedish truck makers AB Volvo also received a letter from US authorities at their factory in Virginia, telling them to investigate whether the company "is consistent with regards to the law", the company's head of press Claes Eliasson told DI.
He said AB Volvo doesn't believe that its goal to make sure its company management is made up of 35 percent women by 2030 clashes with Trump's presidential order.
"We don't think it does, because we're expecting to be able to meet the goal with merit-based recruitment," Eliasson said. "But it could be a point of contention, it depends how they see it."
Comments (1)