Reported about 9 hours ago
Costco shareholders overwhelmingly rejected a proposal to assess risks related to its diversity, equity, and inclusion initiatives, in stark contrast to other major US companies that have begun scaling back their DEI efforts. Despite conservative groups arguing such programs pose potential legal and financial risks, Costco's board defended the necessity of their diversity initiatives, emphasizing the creativity and customer satisfaction they generate. This stance comes amidst increasing scrutiny and legal challenges faced by corporations regarding their diversity policies following a recent Supreme Court ruling on affirmative action.
Source: YAHOO