Disney Shareholders Reject Proposal to Leave LGBTQ+ Equality Index
The overwhelming vote reaffirms Disney's commitment to workplace inclusion, despite ongoing political pressures and scaled-back DEI initiatives.
- Disney shareholders voted down a conservative-backed proposal to withdraw from the Human Rights Campaign's Corporate Equality Index, with only 1% in favor.
- The proposal, introduced by the National Center for Public Policy Research, argued that participation in the index harmed shareholder value by alienating customers and investors.
- Disney's board opposed the measure, stating that the company's existing oversight of equity and human rights policies made the proposal unnecessary.
- Disney has maintained a perfect score on the Corporate Equality Index since 2007, a benchmark for LGBTQ+ workplace equality.
- The vote comes as other corporations, such as Ford and Lowe's, have withdrawn from the index under increasing political scrutiny and pressure.