Disney shareholders have rejected the investors' suggestions. Human Rights Campaign Corporate Equality Indexassesses workplaces on lesbian, gay, bisexual, transgender and queer equality.
Headed by CEO Bob Iger, Disney is one of the best employers to revise some of its diversity and inclusive practices as the Trump administration cracks down on diversity, equity, inclusion, or DEI cracks down on federal and private sector practices.
Walt Disney is one of the 765 companies that score perfect scores in the 2025 rankings, recognising their efforts to protect against workplace discrimination, provide inclusive benefits and provide training to achieve an inclusive culture.
The shareholders' proposal argues that Disney's involvement in such divisive political issues has alienated the audience segment and undermined the company's stock price.
It urges investors to support the proposal and says it will provide Disney with an opportunity to “go back to neutral.”
Disney urged investors to reject the proposal, saying its board already provides oversight into the workforce's equity issue.
Only 1% of shareholders who voted to support the measure supported the measure, supported the measure, supported by a preliminary tally released Thursday.
Other companies, including automaker Ford Motor, motorcycle manufacturer Harley Davidson, and home improvement retailer Lowes, have ended their participation in the annual rankings of companies with an LGBTQ-friendly work environment.
Many US companies have retreated from the DEI in recent months as the Trump administration has stepped up the threat to the businesses and agencies engaged in those efforts.
Even Disney changed its executive compensation standards and replaced the aims of diversity and inclusion with factors known as “talent strategies.” This assesses the extent to which leaders advance the overall value of the company.
In other matters, Disney investors returned all 10 members to the board and retained Pricewaterhows Cooper as the company's independent public accountant.
Investors voted for a non-binding resolution to support executive compensation.
Shareholders rejected the proposal to publish the report and disclosed how retirement plan investments would protect plan beneficiaries from investments in high carbon companies.
Investors voted against a proposal asked Disney to issue a report, assessing how they could assess risks related to discrimination against advertising buyers or sellers based on political or religious views.
Disney investors also rejected the proposal that asked the company to adopt a politically neutral advertising policy.
The proposal has problems with the company's participation in the now-deprecated Global Alliance for responsible media formed to protect the brand from harmful content.
Elon Musk's social media platform X later sued the nonprofit, claiming that the company conspired to organize a massive boycott.
