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Apple’s board recommends shareholders vote against proposal to eliminate diversity programs

  • Apple's board of directors recommends that shareholders vote against a proposal to abolish the company's Diversity, Equity, and Inclusion programs, according to a proxy filing from the company.
  • The National Center for Public Policy Research submitted a proposal claiming DEI programs pose 'litigation, reputational and financial risks to companies'.
  • Apple stated that the proposal was unnecessary and an inappropriate attempt to micromanage its business strategy, asserting it has a well-established compliance program.
  • The proposal is set to be voted on by shareholders at Apple's annual general meeting on February 25, 2025.
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  • 53% of the sources are Center
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