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Apple shareholders just rejected a proposal to end DEI efforts
Investors sided with Apple management, which called diversity "critical" to the company's success
In This Story Apple ( AAPL+0.07%) shareholders on Tuesday voted to keep the iPhone maker’s diversity policies, shutting down a conservative think tank’s proposal. In January, the president directed federal agencies to identify up to nine potential civil compliance investigations of public groups and attempted to ban contracts for implementing “illegal DEI” programs. Costco ( COST+1.31%) shareholders overwhelmingly voted against a measure by the National Center for Public Policy Research last month requesting a report on the risks of maintaining DEI initiatives.
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