Summary
Costco shareholders voted overwhelmingly (98%) against a proposal by a conservative think tank, the National Center for Public Policy Research, to assess risks linked to the company’s diversity, equity, and inclusion (DEI) programs.
Costco’s board supported DEI initiatives, dismissing the proposal as partisan and unnecessary.
This rejection contrasts with trends in other companies scaling back DEI efforts.
The vote comes amid new federal rules from Trump targeting DEI initiatives in federal agencies, potentially impacting private vendors working with the government.
The reality is that most of the time it’s the complete opposite. The white candidate gets chosen even though the black candidate is more qualified.
Combating this is why DEI exists in the first place. It’s also why the magats hate it. To acknowledge that DEI is necessary is to acknowledge the racism inherent in their hiring processes.