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1hon MSN
Since the Trump administration started cracking down on DEI programs at the start of this year, many companies have scrambled to either dismantle or obscure their DEI programs. But former ...
Costco's board of directors asked shareholders to vote against a proposal challenging the company's diversity, equity and inclusion (DEI) practices.
Costco’s board of directors is urging shareholders to vote against a proposal that would eliminate the wholesale retailer’s diversity, equity and inclusion (DEI) program.
In a letter to Costco's CEO, 19 Republican state attorneys general urged the company to end the DEI policies it had publicly supported.
Costco's public stance in support of diversity, equity and inclusion programs contrasts with the positions taken in recent months by other big consumer brands that have backed away from DEI.
Costco shareholders voted down an investor proposal from a right-leaning think tank that urged management to investigate the business risks of DEI.
But Costco, against the tide, has doubled down on its DEI initiatives — at the peril of its bottom line, and now, its legal standing. Costco’s DEI program isn’t just a set of lofty ideals.
As companies roll back their DEI initiatives amid the political and legal firestorm around such programs, Costco is going against the tide.
Costco’s (COST) Board of Trustees is standing firm as many of the biggest companies in the U.S. scale back or scrap their diversity, equity, and inclusion (DEI) initiatives.
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