Costco Faces Shareholder Backlash Over DEI Program

Business News

Costco Faces Shareholder Backlash Over DEI Program
CostcoDEIShareholders
  • 📰 LegInsurrection
  • ⏱ Reading Time:
  • 27 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 95%

Costco Wholesale is under pressure to eliminate its DEI program following a Supreme Court ruling that sparked legal challenges against corporate DEI initiatives.

Costco Wholesale is facing pressure from shareholders to eliminate its Diversity , Equity , and Inclusion ( DEI ) program. The National Center for Public Policy Research has brought a proposal challenging the legality of Costco 's DEI program, citing the Supreme Court 's ruling in SFFA v. Harvard that race-based discrimination in college admissions violates the equal protection clause of the 14th Amendment.

The proposal points to legal warnings issued to Fortune 100 companies by attorneys general of 13 states and a number of lawsuits filed against corporations with DEI programs. Companies like Alphabet, Meta, Microsoft, Zoom, and John Deere have reportedly rolled back DEI commitments and/or laid off employees from DEI departments. However, Costco's board of directors maintains that its DEI efforts are essential to its success and commitment to inclusivity for all employees. Shareholders will vote on the proposal

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

LegInsurrection /  🏆 3. in CA

Costco DEI Shareholders Supreme Court Diversity Equity Inclusion Legal Challenges Business

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Costco Showdown: Shopper’s Slow-Motion Grocery Loading Irks Rude DriverCostco Showdown: Shopper’s Slow-Motion Grocery Loading Irks Rude DriverA Costco shopper slows down grocery loading to frustrate an impatient driver, delivering some petty revenge.
Read more »

Costco is offering a sweet membership deal in Canada that ends soonCostco is offering a sweet membership deal in Canada that ends soonIf you missed the chance to sign up for a new membership just before Costco Canada raised prices, fear not: the chain is offering a sweet new deal. I…
Read more »

Costco might stop selling popular item and Canadian stores could be nextCostco might stop selling popular item and Canadian stores could be nextCostco members with a voracious appetite for reading may be out of luck in 2025 as the big-box retailer will reportedly stop selling books all year r…
Read more »

Costco Reigns Supreme as Canada's Favourite Grocery ChainCostco Reigns Supreme as Canada's Favourite Grocery ChainA recent study by Dunnhumby reveals Costco as the top-ranked grocery retailer in Canada, surpassing competitors like Super C, Maxi, and Walmart. The study highlights Costco's success in offering both competitive prices and high-quality products, making it a preferred choice for Canadian consumers.
Read more »

Is Costco Canada planning to ditch Pepsi for Coca-Cola?Is Costco Canada planning to ditch Pepsi for Coca-Cola?The rivalry between those who love Pepsi and those who love Coca-Cola is one for the ages, with very strong views on both sides about which is the su…
Read more »

The Power and Necessity of DEI in CanadaThe Power and Necessity of DEI in CanadaDespite recent corporate retreats from diversity, equity, and inclusion (DEI) programs in the US, organizations like the BlackNorth Initiative in Canada demonstrate the tangible positive impact of DEI. This article argues that DEI is not a 'woke agenda' but a crucial tool for ensuring fairness and opportunity for all Canadians, highlighting the achievements of individuals like Wes Hall and Walied Soliman who have championed DEI.
Read more »



Render Time: 2025-02-15 09:53:09