- Costco's board has rejected calls from the right-wing National Center for Public Policy Research to withdraw its diversity, equity, and inclusion (DEI) initiatives.
- The company expressed that its DEI efforts enhance both employee retention and business success, contrary to claims of potential risks.
- As large corporations like Walmart scale back on DEI commitments, Costco has maintained its position, highlighting a strong worker-friendly reputation.
- Shareholder resolutions regarding DEI have increased amidst anti-DEI sentiment, but proposals opposing such initiatives are largely unpopular among investors.
- Costco’s commitment to diversity serves as a significant counterexample in the landscape of corporate responses to growing anti-DEI activism.
For more details, visit the original article at Los Angeles Times.
Author:
Atlas Winston
A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.