Apple shareholders rejected external investors' proposals for diversity, equity and comprehensive policies at Tuesday's annual meeting, and tech giants as opposition to such efforts will gain traction in the US It brought a huge victory to the
This vote is a test of shareholders' views on the value of the DEI program, with many companies adding or strengthening since 2020 in the Black Lives Matter movement.
The growth of conservative backlash has led to major US companies, including Meta and Alphabet, dropping the DEI initiative after returning to Donald Trump's presidency.
Trump has criticised the corporate diversity program, suggesting that the Department of Justice can investigate whether it violates the law.
Apple shareholders also voted against the proposal asking the company to prepare a report assessing the risk of working with AI, but all management proposals were approved, but the number of votes was preliminary A summary has been shown.
Earlier this month, the agency advisory company's institutional shareholder services recommended that investors support Apple's DEI policy, and the company is already well informed and there are no indications of disputes or discrimination against the group of employees. He says that.
Past Apple shareholders have rejected any proposals that would have asked the company to disclose further racial and gender pay gaps.
On Tuesday, CEO Tim Cook said Apple had no assignments or targets for its diversity program.
“As the legal landscape on these issues evolves, we may need to make some changes to comply, but our North Star Star and its work to our purpose is It never shakes,” Cook said.
Apple's proposal for diversity policy was submitted by the National Center for Public Policy Studies.
The same group asked Costco Wholesale to report on its diversity and the risks of maintaining its inclusive initiative.
Shareholders of membership-only retailers voted strongly for the proposal at their January meeting.
