Costco rejects shareholder proposal to review risks of diversity policies, sticking to its commitment on DEI.

Costco is standing firm on its diversity, equity, and inclusion (DEI) policies despite a shareholder proposal suggesting the company assess potential business risks linked to these practices. The proposal, submitted by a conservative think tank, argues that DEI initiatives could pose risks to the company and shareholders. However, Costco's board of directors voted unanimously to reject the motion, emphasizing the importance of DEI for fostering creativity and customer satisfaction. This stance contrasts with other major brands scaling back their DEI efforts.

2 months ago
151 Articles

Further Reading