Walmart Inc.

Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups in business.

Walmart says it is ending some of its Diversity, Equity and Inclusion initiatives, including winding down its non-profit.

Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a list of major corporations that have been under pressure by conservative activists.

The store operator also paid out $25 million in penalties in 2010 after San Diego prosecutors took them to court over negligent practices.