Is the anti-DEI movement losing momentum? Costco certainly isn’t a fan of it.
Several days ago, the retail giant sparked headlines for a robust defense of its diversity, equity, and inclusion (DEI) policies, in response to an anti-DEI shareholder proposal from the National Center for Public Policy Research (NCPPR). “Our focus on diversity, equity and inclusion is to enhance our culture and the well-being of people whose lives we influence,” Costco announced in its response. “Our efforts at diversity, equity and inclusion remind and reinforce with everyone at our Company the importance of creating opportunities for all.”
What does Costco’s doubling down actually mean? Is this the first stumble in the anti-DEI trend? Does a single company standing by its diversity efforts indicate a larger rebirth of support for biased corporate policies? The simple answer is: no. As someone…