Summary
Costco is resisting a shareholder proposal urging an evaluation of potential business risks linked to its diversity, equity, and inclusion (DEI) practices. The proposal argues that Costco’s DEI initiatives pose litigation, reputational, and financial risks.
Costco believes its commitment to inclusion is essential and that the requested report would not provide valuable information. This stance contrasts with other major companies, which have scaled back DEI programs due to pressures from conservative groups and the Trump administration.
Costco’s support for DEI sets it apart from other companies facing similar pressures.
I don’t get the shareholders, why don’t they move their money to a company that follows their lack of values. If they interested in Costco I’d because they liked their way of doing business