During an annual meeting, Apple shareholders decisively rejected a proposal aimed at scrutinizing the company's diversity, equity, and inclusion (DEI) policies, marking a victory for Apple amid increasing backlash against DEI efforts. The vote reflected shareholder support for DEI initiatives, which gained momentum post-2020 following social justice movements. Additionally, CEO Tim Cook reaffirmed that Apple does not employ quotas in these programs. Despite the national conversation shifting against such initiatives, proxy advisory firms have backed Apple's approach, noting no evidence of discrimination or controversy within the company.
Apple shareholders have consistently rejected proposals asking for greater disclosure around diversity and inclusion initiatives, reinforcing confidence in the tech giant's current policies.
CEO Tim Cook emphasized that Apple does not use quotas in its diversity initiatives, stressing a commitment to dignity and respect for all.
Institutional Shareholder Services supported Apple's DEI policies, asserting that they provide adequate information and have not faced significant disputes over discrimination.
The rejection of proposals comes amid a significant backlash against corporate diversity programs, demonstrated by actions taken by other tech giants like Meta and Alphabet.
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