Costco Shareholders Reject Anti-DEI Proposal
Costco shareholders overwhelmingly rejected (98% opposed) a proposal from the National Center for Public Policy Research (NCPPR) to curtail the company’s diversity, equity, and inclusion (DEI) initiatives. The board recommended rejecting the proposal, citing its alignment with Costco’s commitment to respect and arguing that the DEI programs are legally sound and beneficial for business. This decision contrasts with other corporations that have scaled back DEI programs following the Supreme Court’s ruling in *Students for Fair Admissions v. Harvard*. Costco maintains its DEI efforts enhance employee attraction and retention, despite NCPPR’s concerns about potential discrimination lawsuits.
John Q. Hosedrinker