Costco’s rejection of a shareholder proposal to assess the financial risks of its diversity, equity, and inclusion (DEI) policies has sparked outrage, with critics calling for a boycott of the retail giant.
https://x.com/aragon_rigo/status/1874176102111060411
The proposal, introduced by a conservative organization, aimed to bring transparency to the costs of implementing DEI initiatives. Costco’s board recommended shareholders vote against it, asserting that the analysis would not provide actionable insights.
Critics argue that DEI programs prioritize identity over qualifications and foster division. Social media users have called for consumers to cancel their Costco memberships, with one post declaring, “Boycott Costco! DEI policies are divisive.”
https://x.com/birdieboy11/status/1874168781708362026
Costco defended its stance, claiming that a diverse workforce improves customer experience and product offerings. However, opponents see the board’s dismissal of the proposal as evidence of a lack of accountability.
https://x.com/DallasExpress/status/1874174961063014680
The backlash against Costco reflects broader public frustration with corporate DEI initiatives and their perceived societal and financial impacts.
https://x.com/SynCityInvestor/status/1874171932536709390
https://x.com/RodLightn/status/1874168150063014103
https://x.com/Christy56074523/status/1874166209131778136
