Costco’s Board’s rejection of a recent shareholder proposal underscores the wastefulness of anti-DEI efforts and the value of supporting DEI.

Meanwhile, Costco believes NCPPR's request to evaluate its DEI efforts would not be an efficient use of company resources. Further, the board claims that NCPPR’s proposal masks its true anti-diversity agenda under the guise of reducing risk.

A Costco shareholder proposal brought by a conservative activist asked the company to investigate its diversity, equity and inclusion policies, with an eye toward eliminating them.