Anti-DEI Proposals Garner 1-Percent Support Two Years Running
Such minimal support of anti-DEI proposals across several categories indicates shareholder interest in this issue appears to be waning.
Such minimal support of anti-DEI proposals across several categories indicates shareholder interest in this issue appears to be waning.
With this IBM settlement under its belt, the DOJ may continue its anti-DEI enforcement efforts at an accelerated pace. What boards should consider.
The targeted companies (and others) will now need to determine whether their company is engaged in any controversial social issues and develop strategies to defend against having their business policies labeled as “woke,” or worse, illegal.
Boards can no longer treat immigration enforcement as a distant policy fight; raids, protests and worker shortages are creating immediate reputational, operational and ESG risks that demand a clear stance.
Stakeholders may press pause on diversity pressure as political pressure rises.
While DEI opponents want to use filing anti-DEI proposals as leverage to force companies to end DEI practices, shareholders are showing that they will support companies that continue diversity initiatives in the face of political pressure.