Conservatives Challenge DEI Policies at Major Companies

In a notable shift at corporate America’s shareholder meetings, progressive campaigners are increasingly advocating for diversity-hiring targets and related social issues. A recent Bloomberg analysis reveals that 42 resolutions have been filed this year alone, with a significant portion focusing on diversity, equity, and inclusion (DEI) initiatives. However, these efforts have sparked controversy, with critics like Luke Perlot from the National Legal Policy Center (NLPC) labeling them as a form of "reverse racism" that undermines opportunities for straight, white men. The landscape of shareholder resolutions has seen a marked increase in anti-DEI proposals, which now constitute over a third of social issue resolutions. Despite this, pro-DEI proposals continue to garner more support in shareholder votes, averaging 18.5 percent backing. Perlot argues that corporate America has shifted too far left, neglecting a balanced approach to these issues. Notably, three anti-DEI resolutions have met the 5 percent threshold set by the U.S. Securities and Exchange Commission, allowing them to be reintroduced in future meetings. Organizations like the NCPPR assert that their proposals aim to ensure that DEI initiatives do not compromise a company's fiscal responsibilities or expose them to legal risks. They advocate for fair treatment of all employees, particularly black and Hispanic workers, rather than dismantling existing DEI frameworks. Meanwhile, former President Donald Trump has pledged to combat DEI initiatives if he secures victory in the upcoming election, reflecting a broader consumer backlash against companies perceived as "going woke."