One of the side effects of entrenched racism and sexism is that competent women and minorities tend to be underemployed more than competent white men, and so as the biases are being broken down, you'll see way more women and minorities (compared to the ratios in the general population) being hired or promoted to the right place compared to white men. Out of people who are competent to be senior developers, way more white men than women or minorities already have a good job fit, and in turn, way fewer of them are on the job market or easily poachable.
So the market, as a whole, can be biased in favor of hiring and promoting women and minorities without it being any easier for the individual developer who happens to be a woman or minority.
Not sure. But I don't think it's helping.
This 'company' is blatantly discriminatory and unnecessary and taints the success of their hires by making it appear they took a shortcut into their positions via their race/sex .