Apple Rejects Shareholder Push to End Diversity Programs
The tech giant urges investors to vote against a proposal to discontinue diversity initiatives, citing legal safeguards and operational autonomy.
- Apple has called on shareholders to oppose a proposal at its February meeting to terminate its diversity, equity, and inclusion (DEI) programs.
- The proposal, backed by some shareholders, argues that DEI initiatives could lead to workplace discrimination and legal challenges, referencing recent U.S. Supreme Court rulings.
- Apple maintains that the proposal constitutes an unwarranted interference in its operations and emphasizes its established processes to mitigate legal risks.
- The move comes as several U.S. companies, including Meta and McDonald's, scale back or eliminate similar programs ahead of Donald Trump's presidency, which begins January 20, 2025.
- Apple CEO Tim Cook remains committed to DEI efforts, despite criticism from Republican leaders and figures like Elon Musk, who have opposed such initiatives.