Apple shareholders rejected an external proposal of investors against diversity, equality and policies of his involvement at an annual meeting on Tuesday, giving a great victory to the technology giant in opposition to such efforts. Bae
Voting was a test of shareholders’ views on the value of DEi programs, which many companies increased or increased in 2020 between the Black Lives Matter movement.
A growing conservative reaction has pushed large US companies, including Meta and the alphabet, to remove Dei Initiatives before and after Donald Trump’s return to the Presidency.
Trump has criticized corporate diversity programs, suggesting that the Department of Justice can investigate if they violate the law.
Apple’s shareholders also voted against a proposal by asking the company to prepare a report that evaluates the risks of his work with him, while all management proposals were approved, a preliminary number of votes showed.
Earlier this month, the services of the Proxi’s institutional shareholders recommended that investors return Apple’s Dei policies, saying the company already provides sufficient information about them and that there have been no controversy or signs of discrimination against employee groups .
Apple shareholders have in the past refused proposals that would ask the company to discover more about racial and gender wages.
On Tuesday, CEO Tim Cook said Apple has never had quotas or targets in its diversity programs.
“While the legal landscape on these issues evolves, we may have to make some changes to agree, but our northern star with dignity and respect for all and our work for this purpose will never shake,” he said Cook.
The proposal against Apple’s diversity policies was filed by the National Center for Public Policy Research, which describes itself as a free market digger.
The same group had asked the wholesale Costco to report on the risks of conservation of diversity and its involvement initiatives.
Retail shareholders for membership only voted strongly against the proposal at a meeting in January.
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