Corporate America and Diversity, Equity, Inclusion (DEI) Programs

SOURCE www.breitbart.com
Despite populist beliefs, some major companies like Costco, Apple, Levi’s, and Goldman Sachs have rejected proposals targeting diversity, equity, and inclusion (DEI) programs. Shareholders, including conservative think tanks, have voted against measures to examine legal risks of pursuing DEI policies.

Key Points

  • Shareholders of major companies have rejected proposals targeting DEI programs
  • Conservative think tanks have been behind measures to examine legal risks of pursuing DEI policies
  • Investor community, dominated by large institutional players, opposes outside shareholder resolutions related to DEI programs

Pros

  • DEI programs can lead to a more diverse and inclusive workplace
  • Investor community doesn't see having a tough stance on DEI as financially beneficial

Cons

  • Opponents like Elon Musk and President Donald Trump argue that DEI is unfair to qualified workers and represents 'reverse racism'
  • Some companies, under pressure, have dialed back or eliminated diversity programs