Costco firmly stands by its diversity, equity, and inclusion (DEI) policies, countering criticism from conservative lobbyists. The company's board unanimously urged shareholders to reject a motion assessing risks associated with DEI after over 98% compliance. Stemming from a conservative think tank's proposal linked to recent Supreme Court rulings against affirmative action, Costco's leadership articulated that their inclusion efforts are essential for business success and legally justified, asserting the critics' agenda threatens longstanding diversity initiatives rather than reducing risks.
Costco's board wrote that "our commitment to an enterprise rooted in respect and inclusion is appropriate and necessary," rejecting claims against its DEI practices.
The board emphasized that the proposal's concerns about legal and financial risks are unfounded, asserting the risks stem from anti-DEI campaigns.
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