Costco stands by DEI policies, accuses conservative lobbyists of 'broader agenda'
Costco said the group pushing them to cut DEI was not interested in "reducing risk for the company but the abolition of diversity initiatives."
January 24, 2025
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Costco said the group pushing them to cut DEI was not interested in "reducing risk for the company but the abolition of diversity initiatives."
The coffee giant is failing its LGBTQ workers, says the longtime activist.
An anti-LGBTQ+ group had urged the company to pull out of the "woke" index.
In January, ExxonMobil wrote to the SEC to argue that the company's employment policies already conformed.
Just 22% of shareholders voted in favor of amending the nondiscrimination policy.
Both companies' directors are encouraging shareholders to vote against resolutions asking them to reconsider DEI initiatives.
For the seventh year in a row ExxonMobil shareholders have rejected a proposal to cover sexual orientation in the company's equal employment opportunity policy.
Some 80% of shareholders voted against adding sexual orientation and gender identity to the company's anti-discrimination policy.
Kraft Foods and its shareholders decisively voted down a proposal Tuesday that would have revoked the company's sponsorship of the Gay Games in Chicago this summer.
The CEO of Target told shareholders Wednesday that the company would remain neutral on a proposed anti-marriage equality amendment in Minnesota, the state where Target is based.
The backlash over Cracker Barrel's new logo ignores the fact that the company once openly fired gay workers, sparking a decade of queer protests and shareholder activism that forced change.
Opinion: "When our representation depends on a quarterly risk report to shareholders, we must recognize that we are line items in their marketing budgets, not living, breathing human beings deserving of dignity, visibility, and respect," writes David Lauterstein, CEO of Nasty Pig.
Micron Technology Inc. decided Tuesday to amend its company policy so employees can no longer be fired on the basis of their sexual orientation. The move comes after The Advocate revealed last week that the Boise, Idaho, company's board of directors had ignored an unprecedented 55% shareholder vote in favor of adding both sexual orientation and gender identity to its nondiscrimination policies.