‘Our Board has considered this proposal and believes that our commitment to an enterprise rooted in respect and inclusion is appropriate and necessary,’ Costco stated

Summary

Costco’s board rejected a shareholder proposal to end its diversity, equity, and inclusion (DEI) policies, arguing they foster respect, innovation, and cultural alignment with customers and employees.

Shareholders claimed DEI could lead to lawsuits citing “illegal discrimination” against white, Asian, male, or straight employees, referencing legal cases like Students for Fair Admissions v. Harvard.

Costco countered that its DEI efforts comply with the law and enhance its culture, rejecting claims of legal risk.

The proposal will be voted on at Costco’s January 23 shareholder meeting.

  • @NotMyOldRedditName
    1•2 days ago

    Too small scale.

    California entirely walled off. Anyone outside the walls in poverty. Anyone inside the walls, the equivalent of a decamillionaire or more. Nothing in between.

    Edit: Throw in NYC on the other coast so the wealthy have a choice of coast.