Costco defends its diversity policies as other US companies scale theirs back
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Costco is resisting a shareholder proposal to evaluate business risks associated with its diversity, equity, and inclusion (DEI) practices, as other US companies scale back their DEI efforts.
January 24, 2025 | 1:30 am
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Costco is defending its diversity, equity, and inclusion policies against a shareholder proposal to assess potential business risks, contrasting with other companies reducing DEI efforts.
Costco's decision to maintain its DEI policies despite shareholder pressure suggests a commitment to these values, which may appeal to socially conscious investors. However, the immediate financial impact is neutral as it does not directly affect earnings or operations.
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