As several major corporations scale back their diversity, equity, and inclusion (DEI) initiatives under pressure from conservative activists and consumer criticism, Costco is doubling down on its commitment to DEI policies, and has urged shareholders to vote against an anti-DEI proposal.
The company’s board of directors unanimously recommended that shareholders vote against a proposal brought forward by the National Center for Public Policy Research, a conservative think tank.
The proposal called for Costco to reevaluate and issue a report on the potential financial risks associated with maintaining its DEI initiatives. The group said Costco was engaging in possible “illegal discrimination” against white, Asian, male, or straight employees due the DEI policies.
Costco defended its DEI policies, stating they are crucial for attracting and retaining a diverse workforce, which enhances the company’s ability to serve its members.
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