To be sure, that has been true in previous years, too. As a general rule, shareholders rarely vote in favor of politically and socially motivated proposals, preferring to let corporate executives make decisions in such realms. Still, the fact that these proposals have landed with a notable thud in such a pivotal year shows a specific kind of corporate resistance to major politicians and anti-DEI crusaders.
Below is a look at how some DEI proposals have fared so far this proxy season.
Shareholder meeting date: May 6, 2025
Shareholder meeting date: May 3, 2025
Shareholder meeting date: April 23, 2025
Shareholder meeting date: Jan. 23, 2025
Costco also questioned the motivation behind the proposal, stating: “The proponent’s broader agenda is not reducing risk for the company, but abolition of diversity initiatives.”