Costco defends its diversity policies as other US companies scale theirs back
- Costco shareholders rejected a proposal to evaluate risks of its diversity, equity, and inclusion practices, with over 98% voting against it at the annual meeting on Thursday.
- The National Center for Public Policy Research submitted the proposal, claiming Costco's DEI initiatives pose risks to the company and shareholders.
- Costco's board unanimously urged shareholders to reject the proposal, asserting that their commitment to respect and inclusion is necessary.
- Costco's support for DEI programs contrasts with recent positions by other major brands like Walmart, McDonald's, and John Deere.
143 Articles
143 Articles
These Companies Aren’t Ditching DEI
As the Trump Administration sets out to dismantle diversity, equity, and inclusion (DEI) programs across the federal government and private sector, a number of major companies have joined in the effort. Some others, however, have decidedly not. While companies like Google, Amazon, Meta, and some Wall Street banks have reversed course on DEI-related policies and pledges—many of which were made in the wake of the murder of George Floyd and the Bla…
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.
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…
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.
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 …
Coverage Details
Bias Distribution
- 64% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage