As several major corporations scale back their diversity, equity, and inclusion (DEI) initiatives under pressure from conservative activists and consumer criticism, Costco is doubling down on its commitment to DEI policies, and has urged shareholders to vote against an anti-DEI proposal.
The company’s board of directors unanimously recommended that shareholders vote against a proposal brought forward by the National Center for Public Policy Research, a conservative think tank. The proposal called for Costco to reevaluate and issue a report on the potential financial risks associated with maintaining its DEI initiatives. The group said Costco was engaging in possible “illegal discrimination” against white, Asian, male, or straight employees due the DEI policies.
In a statement to its investors, @costco‘s board of directors recommended that its shareholders not vote for the end of its large DEI program.
Costco’s support of DEI comes in contrast to several large retailers ending its discriminatory DEI programs, or rebranding them as… pic.twitter.com/aLRBLFCCKu
— Andy Ngo 🏳️🌈 (@MrAndyNgo) December 28, 2024
Costco defended its DEI policies, stating they are crucial for attracting and retaining a diverse workforce, which enhances the company’s ability to serve its members.
“Among other things, a diverse group of employees