Costco has reaffirmed its commitment to diversity, equity, and inclusion (DEI) programs in the face of pressure from the National Center for Public Policy Research. The conservative think tank proposed a motion urging shareholders to oppose Costco's DEI initiatives by highlighting supposed financial, litigation, and reputational risks involved. In response, Costco's board of directors decisively voted to encourage shareholders to reject this motion, underlining the company's dedication to nurturing a diverse workplace despite external pressures.
Costco's board voted unanimously to reject a motion from a conservative think tank arguing that DEI initiatives pose risks to the company and shareholders.
The National Center for Public Policy Research asserts that Costco's diversity initiatives could lead to financial repercussions and litigation hazards, seeking shareholder rejection.
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