Costco defends its diversity policies as other US companies scale theirs back
Costco is rejecting a shareholder proposal from the conservative national center for public policy research, which urges the company to assess the risks of its diversity, equity, and inclusion (DEI) practices. The proposal, citing the 2023 supreme court decision on affirmative action, claims DEI initiatives pose legal and financial risks. Costco’s board defended its DEI commitment, saying it fosters innovation and customer satisfaction, while broader corporate DEI programs face increasing scrutiny.
Costco is rejecting a shareholder proposal from the conservative national center for public policy research, which urges the company to assess the risks of its diversity, equity, and inclusion (DEI) practices. The proposal, citing the 2023 supreme court decision on affirmative action, claims DEI initiatives pose legal and financial risks. Costco’s board defended its DEI commitment, saying it fosters innovation and customer satisfaction, while broader corporate DEI programs face increasing scrutiny.
