Disney shareholders reject anti-DEI proposal
www.businessinsider.com
Disney shareholders on Thursday rejected a proposal to stop participating in a national diversity, equity, and inclusion index.

cross-posted from: https://lemmy.world/post/27111323

Disney shareholders reject anti-DEI proposal

  • Disney shareholders rejected anti-DEI proposal on Thursday.
  • A conservative think tank proposed that Disney stop participating in the Corporate Equality Index.
  • Shareholders for Apple and Costco previously rejected similar proposals.
  • ObtuseDoorFrame@lemm.eeEnglish
    4·
    2 days ago

    Disney didn’t do the right thing at all, the title is factually incorrect. They held a vote and their shareholders voted to do this so that their stock price/investment doesn’t lose value.

    Disney doesn’t give a shit about anyone or anything other than their stock price. They observed how Target took a financial hit for removing DEI policies and Costco benefited from keeping them, and shareholders acted accordingly.