"Costco should treat every person equally and based on their merit, rather than based on divisive and discriminatory DEI practices. That reflects President Trump's executive order encouraging 'the Private Sector to End Illegal DEI discrimination and Preferences.'"
Costco is defying Donald Trump and conservative activists by sticking to its DEI policies The president-elect and his incoming administration have railed against diversity, equity and inclusion (DEI) initiatives, claiming they are unfair and distracting.
Shareholders rejected a proposal to evaluate the risks of maintaining diversity, equity and inclusion initiatives.
Costco shareholders voted down an investor proposal from a right-leaning think tank that urged management to investigate the business risks of DEI.
Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices. Investors were expected to vote on the recommendation during the company’s annual meeting Thursday.
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
Aficionados of Costco's famous $1.50 hot dogs will once again be able to top off their cheap treats with a Coca-Cola after more than a decade of unavailability at the discount retailer, its CEO says.
JPMorgan and Costco say DEI efforts help drive innovation and success, though other companies like Meta and Walmart are scaling back policies.
Although several major corporate players, including Meta, Amazon, Walmart and McDonald’s have already taken steps to pause or completely eliminate some of the DEI initiatives they put in place in the wake of the 2020 death of George Floyd, one company is standing firm in its commitment to a diverse workforce.
Kournikova, who stays mostly out of the spotlight, has been with singer Enrique Iglesias since 2001. Phyllis Fong, a 22-year veteran of the Agriculture Department, had told colleagues that she intended to stay after the White House fired her Friday.
Washington's attorney general fired back at a group of Republican attorneys general for "weaponizing" the government to put pressure on Costco to ditch its DEI policies.