Shareholders Oppose Rollbacks of Diversity Policies Amid Corporate Scrutiny

Reported about 7 hours ago

Despite increased scrutiny on diversity, equity, and inclusion (DEI) policies, American shareholders are pushing back against efforts to roll back such initiatives. At recent annual meetings, including Berkshire Hathaway's, stockholders rejected anti-DEI measures, indicating a preference for maintaining merit-based diversity strategies focused on financial performance. However, pro-DEI proposals have also struggled, suggesting a growing fatigue with the topic of DEI among investors. As companies like JPMorgan and Disney revise their DEI practices, the legal and political environment is intensifying against DEI-related policies.

Source: YAHOO

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