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Wednesday, August 5, 2026

Apple’s board recommends shareholders vote against proposal to eliminate diversity programs By Reuters

by marketdash
0 comments

(Reuters) – Apple (NASDAQ:)’s board of directors recommended investors vote against a shareholder proposal to abolish the company’s Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.

The National Center for Public Policy, a conservative think tank, submitted a proposal that the company consider abolishing its “Inclusion & Diversity program, policies, department and goals.”

The proposal cited recent Supreme Court decisions, and made the argument that DEI poses “litigation, reputational and financial risks to companies” and could make Apple more vulnerable to lawsuits.

Apple responded that it had a well-established compliance program and the proposal was unnecessary. It added that the shareholder proposal was an inappropriate attempt to micromanage Apple’s business strategy.

“Apple is an equal opportunity employer and does not discriminate in recruiting, hiring, training, or promoting on…

Read more…

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