Apple shareholders recently voted against a proposal to terminate the company's diversity, equity, and inclusion (DEI) efforts, emphasizing the board's belief in the significance of these programs. The proposal, backed by the National Center for Public Policy Research, argued that DEI initiatives expose companies to risks. However, Apple’s board deemed this proposal unnecessary and restricts its operational management. This stands in contrast to other corporations like Meta and Microsoft that have scaled back similar programs, signaling Apple’s commitment to inclusivity alongside Costco, which recently rejected a similar proposal.
During Apple's annual shareholder meeting, holders voted against the request to cease DEI efforts, despite concerns about potential risks posed by the program.
Apple's board warned that the proposal inappropriately restricts its ability to manage ordinary business operations and strategies, reinforcing the importance of DEI.
The National Center for Public Policy Research cited other major companies that have scaled back DEI programs, contrasting with Apple's continued support.
Apple's decision to uphold its DEI programs aligns with Costco's recent stance, as both companies reject proposals aiming to limit diversity initiatives.
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