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Fortune
Fortune
Azure Gilman, Sara Braun

Your company’s next DEI battle will be fought at the shareholder meeting

A man's hand placing a ballot with a check mark in the ballot box. (Credit: illust-monster—Getty Images)

A Costco shareholder proposal that would have been a nothingburger just a few years ago made waves recently when the company asked voters to reject it.   

Submitted by a conservative think tank called the National Center for Policy Policy Research, the anti-DEI proposition argued that the company should publish a report on the risks of maintaining its current DEI “roles, policies, and goals.” “It's clear that DEI holds litigation, reputational, and financial risks to the Company, and therefore financial risks to shareholders,” the NCPPR wrote. 

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