Companies may be rolling back their diversity policies but investors keep voting down anti-DEI shareholder proposals

Apple CEO Tim Cook speaks onstage. (Credit: Justin Sullivan/Getty Images)

While some of America’s most powerful companies have rolled back their DEI initiatives over the past year, investors are rejecting anti-DEI proposals in overwhelming numbers. 

This week, shareholders at Apple and John Deere voted against anti-DEI propositions by a margin of 97.3% and 98.7% respectively. They follow in the footsteps of a Costco vote last month, in which investors voted against an anti-DEI initiative by a margin of 98%.