Nineteen Republican attorneys general have called on Costco Wholesale to abandon its diversity, equity, and inclusion policies, citing concerns about
This comes after 98% of the U.S. retailer’s shareholders last week voted against a proposal requesting a report on the risks tied to its diversity and inclusion initiatives, pushing back against the growing scrutiny such policies face. discrimination and legal risks.
Sadly, as a traded company they would appear to have to at least respond to a “but but but muh shareholders!” argument, no matter the source (or how pathetic it is).
It’s not that they seemingly can’t (rightly) tell them to piss off, but it probably has to be done a lot more carefully.
The company shareholders voted 98% in favour of keeping DEI initiatives.