{"id":8730,"date":"2025-02-25T17:05:34","date_gmt":"2025-02-25T17:05:34","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/apple-shareholders-reject-proposal-to-scrap-dei-program\/"},"modified":"2025-02-25T17:05:34","modified_gmt":"2025-02-25T17:05:34","slug":"apple-shareholders-reject-proposal-to-scrap-dei-program","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/apple-shareholders-reject-proposal-to-scrap-dei-program\/","title":{"rendered":"Apple shareholders reject proposal to scrap DEI program"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     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data-component=\"viewability\" data-viewability-options=\"true\">\n<div class=\"player-overlay__container  player-overlay--draggable \" data-theme=\"default\">\n<p>\n                  <svg class=\"player-overlay--icon-grid\"><use xlink:href=\"#player-icon-drag\"\/><\/svg><span class=\"player-overlay__title\">Trump administration sued over DEI <\/span><\/p>\n<p>        <button class=\"player-overlay__button player-overlay__button--close\" data-target=\"\" aria-label=\"Disable small player\"><br \/>\n          <svg class=\"player-overlay__button--icon player-overlay__button--icon-close\"><use xlink:href=\"#player-icon-close\"\/><\/svg><\/button><\/p>\n<p>  <iframe 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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"president-of-the-national-urban-league-on-suing-trump-administration-over-anti-dei-orders--hero\" title=\"Video: President of the National Urban League on suing Trump administration over anti-DEI orders\" data-sort-time=\"1740054767000\" data-update-time=\"1740054767000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\"><use xlink:href=\"#player-icon-close\"\/><\/svg><\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\"><a href=\"https:\/\/www.cbsnews.com\/video\/president-of-the-national-urban-league-on-suing-trump-administration-over-anti-dei-orders\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\"><use xlink:href=\"#icon-video\"\/><\/svg><\/span><\/p>\n<p>          <span class=\"embed__headline\">President of the National Urban League on suing Trump administration over anti-DEI orders<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">07:23<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>Apple shareholders on Tuesday rejected a proposal to end the iPhone maker&#8217;s diversity, equity and inclusion program.\u00a0<\/p>\n<p>The National Center for Public Policy Research, a conservative think tank, called on Apple to follow other major companies in backing off from DEI, which has come under fire by Republicans and President Donald Trump.\u00a0<\/p>\n<p>&#8220;DEI poses litigation, reputational and financial risks to companies, and therefore financial risks to their shareholders, and therefore further risks to companies for not abiding by their fiduciary duties,&#8221; according to the\u00a0<a href=\"https:\/\/s2.q4cdn.com\/470004039\/files\/doc_financials\/2025\/Proxy_Statement_2025.pdf\" target=\"_blank\" rel=\"nofollow noopener\">proposal<\/a> offered by the group. It offered a similar proposal at Costco&#8217;s annual meeting in January that shareholders also\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/costco-dei-policy-board-statement-shareholder-meeting-vote\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">rejected<\/a><\/span>.<\/p>\n<p>In responding to the anti-DEI proposal, Apple defended its diversity program as an integral part of its corporate culture, crediting the policies in part for making the technology giant the most valuable company in the world.<\/p>\n<p>DEI, aimed at promoting fairness in the workplace and opening career paths for people of color, women and other protected classes,\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/dei-diversity-equity-inclusion-corporate-programs\/\" data-invalid-url-rewritten-http=\"\">gained momentum<\/a><\/span>\u00a0after the 2020 murder of George Floyd.\u00a0<\/p>\n<p>But that trend has unraveled of late, with <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/sanfrancisco\/news\/google-scraps-diversity-hiring-goals-as-it-complies-with-trump-government-contractor-rules\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">technology titan Google<\/a><\/span> and discount store chain\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/minnesota\/news\/target-ending-diversity-goals-dei-trump\/\" data-invalid-url-rewritten-http=\"\">Target joining Walmart<\/a><\/span>\u00a0and other corporations in scaling back their diversity initiatives under pressure from conservative activists emboldened by court rulings and by President Trump, who has banned DEI programs across the federal government.\u00a0<\/p>\n<p><em>\u2014This is a developing story and will be updated.<\/em><\/p>\n<p class=\"content__meta--contributors\">\n      <em><\/p>\n<p>                      <span class=\"byline__author__text\">The Associated Press<\/span><\/p>\n<p>        contributed to this report.<br \/>\n      <\/em>\n    <\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \"\/><!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/kate-gibson\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Kate Gibson<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Kate Gibson is a reporter for CBS MoneyWatch in New York, where she covers business and consumer finance.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     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