Costco shareholders voted down an anti-DEI proposal just days after President Donald Trump issued sweeping new rules for federal agencies.

Summary

Costco shareholders voted overwhelmingly (98%) against a proposal by a conservative think tank, the National Center for Public Policy Research, to assess risks linked to the company’s diversity, equity, and inclusion (DEI) programs.

Costco’s board supported DEI initiatives, dismissing the proposal as partisan and unnecessary.

This rejection contrasts with trends in other companies scaling back DEI efforts.

The vote comes amid new federal rules from Trump targeting DEI initiatives in federal agencies, potentially impacting private vendors working with the government.

  • shininghero
    161·
    2 days ago

    …called DEI programs “illegal, immoral and detrimental to shareholder value,”

    Wrong, wrong, and only if they implemented DEI as a blind performance metric… Which is also wrong. You get half a point out of three, or 16.6%.
    And with a grade that low, I’m completely justified in giving that person…
    A Super F!