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Shareholders voting against anti-DEI proposals. (Original Post) applegrove Saturday OP
Here's the article the tweet is based on Nittersing Saturday #1

Nittersing

(7,380 posts)
1. Here's the article the tweet is based on
Sat Jul 12, 2025, 02:42 PM
Saturday
https://www.impactivize.org/impactivizereporting/shareholders-of-companies-worth-13-trillion-vote-unanimously-to-defeat-anti-dei-proposals/
(much more at link)

"Conservative activist Robby Starbuck was interviewed in March by Nikkei Asia. “Using DEI practices to artificially raise disadvantaged peoples to the same level as white males is ‘a communist concept that is really not friendly to the idea of free markets and capitalism,’ said Starbuck,” the financial newspaper reported.

But those who prioritize profits – the north star of free markets and capitalism – say DEI (diversity, equity and inclusion) is a business imperative. Shareholders of 29 of the largest corporations in the U.S., and one in Canada (lululemon athletica), have voted unanimously to reject anti-DEI proposals in 2025, by overwhelming margins – most by 98 or 99 percent of voting shares.

Boards of directors of companies collectively valued at more than $13 trillion dollars unanimously urged their shareholders to vote against anti-DEI proposals – some titled “Cease DEI efforts” – presented by conservative shareholder activist groups. Shareholders from companies including Costco, Apple, Levi Strauss, among others, pitched a shutout, going 30-0, handing resounding defeats to all anti-DEI proposals that were presented during this year’s proxy season.

And shareholders from some companies that Robby Starbuck claimed to have “flipped” – pressured to revise their DEI initiatives – also voted overwhelmingly to reject anti-DEI proposals in 2025, including McDonald’s, Walmart, Boeing, John Deere, and Caterpillar."
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