Shareholders Are Showing Signs of DEI Fatigue As Activists Push for More Votes
Shareholders are increasingly showing signs of DEI fatigue as political heat around the issue intensifies across corporate America.Both champions and critics of diversity, equity, and inclusion policies are again pushing companies this annual meeting season to either bolster or diminish their DEI policies via shareholder proposals. But so far, none of these proposals have garnered support from investors at Apple (APPL), Costco (COST), and John Deere (DE).And that's not expected to change as more votes are tabulated at more company shareholder meetings in the coming weeks and months, according to experts who follow these votes.
- The growing number of anti-DEI proposals may signal a shift in the broader cultural conversation around diversity and inclusion, where companies are facing increasing pressure from stakeholders on both sides of the issue.
- How will the rising tide of DEI fatigue impact the long-term sustainability and success of corporate diversity initiatives in the face of mounting opposition?