Stacey Abrams warns companies against dismantling DEI programs in response to political shifts. She emphasizes that this trend will not be contained and urges consideration of long-term consequences. Abrams highlights that companies reversing commitments isolate marginalized groups, disregarding the broader societal impact. She criticizes major corporations prioritizing contracts over community welfare. In contrast, Costco's strong support for DEI serves as an example of corporate responsibility and respect for inclusivity, demonstrating a commitment to long-term values against rising political pressures.
"This notion that simply complying a little bit stops at the water's edge is antithetical to every history we have ever written, and it costs you."
"Companies who have previously made DEI commitments, only to reverse them a few years later, will end up isolating certain groups in the process."
"I'm also less sympathetic to multi-billion dollar corporations that are concerned about losing a few contracts when they're willing to sacrifice whole communities for that purpose."
"The company's board directors unanimously asked shareholders to vote down an anti-DEI shareholder proposal, which they did by a margin of 98%."
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