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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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  • 63% of the sources are Center
63% Center
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