Apple shareholders will determine the fate of diversity initiatives

Apple's board of directors has advised shareholders to oppose a proposal aimed at terminating diversity, equity, and inclusion (DEI) programs. Read Full Article at RT.com.

Apple shareholders will determine the fate of diversity initiatives
Apple has encouraged its shareholders to reject a proposal aimed at eliminating the company's Diversity, Equity, and Inclusion (DEI) programs, as reported by media outlets on Monday. Recently, several large corporations, including Meta, Amazon, McDonald’s, Ford, and Walmart, have either discontinued or scaled back their DEI initiatives.

The proposal, submitted by the National Center for Public Policy Research, a conservative think tank, calls for the termination of Apple’s DEI programs, arguing that they pose potential legal, reputational, and financial risks. Shareholders will vote on the proposal at Apple’s annual meeting scheduled for February 25.

In response, Apple criticized the think tank's actions as an attempt to "micromanage" the company, maintaining that the proposal is unnecessary due to existing checks and balances.

The proposal referenced a 2023 U.S. Supreme Court ruling in the case of Students for Fair Admissions vs. Harvard, which determined that considering race in university admissions constitutes unconstitutional discrimination.

Following this ruling, conservative groups have made comparable claims against corporate DEI initiatives, asserting that 'diversity hires' are discriminatory and detrimental to company performance. The decision has sparked over 60 lawsuits challenging DEI policies across various organizations and institutions, according to the Guardian.

Furthermore, US President-elect Donald Trump has indicated plans to ban DEI initiatives in workplaces and educational institutions once he takes office in January, as reported by The Wall Street Journal.

Meta and Amazon have already discontinued their DEI programs, citing political pressures and concerns over perceptions of preferential treatment, with Meta specifically mentioning a "shifting legal and policy landscape" and alluding to the Supreme Court’s ruling.

Olivia Brown contributed to this report for TROIB News