"We are learning as we go and seeing continuous improvement." Costco celebrates incredible growth, CEO points to waste reduction as key to success: 'We are learning as we go and seeing continuous improvement' first appeared on The Cool Down.
Shareholders rejected a proposal to evaluate the risks of maintaining diversity, equity and inclusion initiatives.
Costco shareholders voted strongly against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, sending a message running counter to the intense scrutiny many such corporate policies face.
The new anti-DEI proposal was backed by a group called the National Center for Public Policy Research (NCPPR) and submitted as part of Costco’s annual meeting. NCPPR asked Costco to measure whether there is a business risk to having a DEI program now that such programs are confronting legal and social media challenges from conservatives.
The majority vote came amid the final round of contract negotiations between Costco and the International Brotherhood of Teamsters, Reuters said.Start the day smarter. Get all the news you need in your inbox each morning.
Bryan Fields, a Costco employee in Baltimore and member of Teamsters Local 570, told ABC News that the strike deadline comes after months of stalled conversations, extensions and failed negotiations with the company.
Costco Teamsters says its members will rally outside the company’s corporate headquarters Thursday during its annual shareholder meeting.
Costco shareholders overwhelmingly voted against a proposal that the company characterized as a way to undermine DEI policies.
Costco shareholders rejected a proposal urging the wholesale club operator to evaluate any risks posed by its diversity, equity and inclusion practices. According to preliminary results shared by Costco executives at its annual meeting Thursday ...
Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices.
Costco (COST) shareholders on Thursday soundly rejected a conservative think tank’s proposal requesting a report on the risks of maintaining diversity and inclusion initiatives, even as other companies back down.