Costco Board Urges Rejection of Proposal to End DEI Programs Following Conservative Think Tank Proposal

Costco’s Board of Directors urges shareholders to reject a proposal from the National Center for Public Policy Research that seeks to end the company’s diversity, equity, and inclusion programs. The conservative think tank argues that DEI initiatives pose legal, reputational, and financial risks, citing recent lawsuits and a Supreme Court ruling. Costco defends its DEI efforts as critical to business success, employee satisfaction, and customer relationships, asserting full legal compliance. Shareholders will vote on the proposal at Costco’s Annual Meeting on January 23.