Summary
Costco shareholders voted overwhelmingly (98%) against a proposal by a conservative think tank, the National Center for Public Policy Research, to assess risks linked to the company’s diversity, equity, and inclusion (DEI) programs.
Costco’s board supported DEI initiatives, dismissing the proposal as partisan and unnecessary.
This rejection contrasts with trends in other companies scaling back DEI efforts.
The vote comes amid new federal rules from Trump targeting DEI initiatives in federal agencies, potentially impacting private vendors working with the government.
Public but not well known but keeping DEI? Be nice if we could get the stock info so we can invest…
All right, I got the OK from PR. The company I work for is called Olo (stock symbol: OLO). We’re not well-known because we operate behind the scenes in the restaurant industry, enabling online food orders to appear directly in our clients’ POS systems rather than on a separate tablet. We do a lot more than that now, but those are our roots.
I think I’d best run that by our PR folks first lol