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Costco defends its diversity policies as other US companies scale theirs back

Costco shareholders overwhelmingly rejected a proposal to eliminate diversity, equity, and inclusion programs, with 98% voting against it.
The National Center for Public Policy Research argued that Costco's DEI programs pose legal and financial risks to the company.
Costco's board defended its DEI policies, stating they are essential for fostering creativity and customer satisfaction.
The proposal's rejection comes amid a trend of other companies scaling back their DEI initiatives in response to conservative backlash.

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New York Post

Rev. Al Sharpton leads Costco ‘buy-cott’ in support of company’s controversial DEI commitment

Rev. Al Sharpton and about 100 of his followers descended on an East Harlem Costco Saturday in support of the company's commitment to controversial diversity, equity and inclusion practices.

29 days ago·New York, United States

Costco shareholders overwhelmingly support DEI efforts, reject conservative think tank proposal

Costco’s board of directors voted unanimously to ask shareholders to reject the motion.

29 days ago·Portland, United States

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Boing Boing

Costco shareholders reject anti-DEI proposal from "ultra-right" group

In their annual meeting on Thursday, January 23, 2025, Costco shareholders "overwhelmingly' rejected—with 98% of the vote—an anti-DEI proposal (which we previously described here) set forward by the National Center for Public Policy Research, which Value Edge Advisors describes as an "ultra-right" organization that's funded by right-wing groups like the Coors Foundation and has a history of filing anti-DEI lawsuits against various companies, inc…

29 days ago·United States

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abc 7 LA

Costco defends its diversity policies as other US companies scale back on their DEI practices

Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices.

30 days ago·Los Angeles, United States

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Fox Business

Costco shareholders reject anti-DEI measure

Costco shareholders have roundly rejected a proposal calling for a report on the risks associated with keeping its diversity, equity and inclusion (DEI) efforts in place, the wholesale club said Thursday.Preliminary results show that some 98% of shareholders voted against the measure, according to the company.Last month, Costco's board of directors came out unanimously against the proposal, which was brought by activist shareholder the National …

30 days ago·United States

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Pittsburgh Post-Gazette

Costco shareholders reject anti-DEI proposal pushed by activists

Costco shareholders overwhelmingly rejected a proposal to probe its diversity, equity and inclusion practices for legal risks. The Issaquah-based company’s...

30 days ago·Pittsburgh, United States

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