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.

  • asteriskeverything@lemmy.world
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    8 days ago

    What? Costco is considered a legitimately good company to work for even at the lowest entry level jobs with pay above minimum wage and benefits offered that many similar jobs wouldn’t. I literally have never stumbled on any Costco negativity until now so is this like just some general hate to anything large and successful in capitalism ? Did I miss something and just only know the propaganda? It doesn’t even have the same economic displacement as Walmart for example, because it requires a membership, has limited variety of options for anything on your list that they carry and you also have means and desire to pay for in bulk. Generally people don’t do all their shopping at costco/Sam’s club (latter of which IS owned by Walmart)