Costco defies shareholder pressure and reaffirms its strong commitment to DEI, prioritizing an inclusive workplace despite concerns raised about potential risks.

Costco’s board of directors adamantly urged shareholders to vote against efforts to limit the company’s commitment to diversity, equity and inclusion (DEI) after receiving a proposal included in their annual notice to shareholders from the National Center for Public Policy Research to strike “discriminatory practices.

The Costco board has rejected a request from shareholders to drop its diversity, equity, and inclusion (DEI) policies. The shareholders urged the board to get rid of its “illegal discrimination” program. The Costco board replied to a number of ...