In a recent shareholder meeting, Costco shareholders overwhelmingly voted (98%) against a proposal from a conservative think tank that requested an assessment of the risks associated with the company’s DEI efforts. This decision comes amidst broader national discussions on diversity initiatives, particularly following President Trump's new regulations targeting DEI in federal agencies. Contrary to trends observed at other major retailers pulling back on diversity programs, Costco’s board affirmed its commitment, highlighting the alignment of such initiatives with the company's core values and ethical guidelines.
Costco's shareholders overwhelmingly rejected a proposal to evaluate the risks associated with its DEI initiatives, reaffirming strong support from the company's board of directors.
Despite recent moves by some companies to reduce diversity programs, Costco's board emphasized their commitment to DEI as central to the company's values.
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