Summary

Costco shareholders voted overwhelmingly (98%) against a proposal by a conservative think tank, the National Center for Public Policy Research, to assess risks linked to the company’s diversity, equity, and inclusion (DEI) programs.

Costco’s board supported DEI initiatives, dismissing the proposal as partisan and unnecessary.

This rejection contrasts with trends in other companies scaling back DEI efforts.

The vote comes amid new federal rules from Trump targeting DEI initiatives in federal agencies, potentially impacting private vendors working with the government.