Disney becomes the fourth prominent example this year of investors pushing back against anti-DEI proposals at big American companies.
At Disney's annual shareholder meeting, investors overwhelmingly rejected a proposal by the National Center for Public Policy Research (NCPPR) to conduct an audit on the company's diversity, equity, and inclusion (DEI) initiatives. The proposal, which aimed to assess whether these initiatives were causing discrimination against non-minority employees, was met with significant opposition, receiving only 1.5% of the votes. Disney's board recommended voting against the proposal, arguing that it was based on a mischaracterization of the company's DEI efforts. The vote reflects a broader corporate trend where similar proposals have been largely dismissed, indicating strong shareholder support for Disney's current DEI policies.
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