Apple's board of directors has recommended that investors vote against a shareholder proposal to eliminate its diversity, equity, and inclusion initiatives, citing a solid compliance program.
The National Center for Public Policy's proposal argues that DEI programs potentially lead to litigation and financial risks for companies, claiming that they make Apple more susceptible to lawsuits.
Apple defended its stance by emphasizing its status as an equal opportunity employer and rejected claims that the DEI programs were at risk of unnecessary litigation.
The larger context includes a growing conservative backlash against diversity initiatives, as shown by companies like Meta and Amazon beginning to wind down their DEI efforts.
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