Jan 11 (Reuters) - Apple's ( AAPL ) board of directors
recommended investors vote against a shareholder proposal to
abolish the company's Diversity, Equity, and Inclusion (DEI)
programs, according to a proxy filing from the company.
The National Center for Public Policy, a conservative think
tank, submitted a proposal that the company consider abolishing
its "Inclusion & Diversity program, policies, department and
goals."
The proposal cited recent Supreme Court decisions, and made
the argument that DEI poses "litigation, reputational and
financial risks to companies" and could make Apple ( AAPL ) more
vulnerable to lawsuits.
Apple ( AAPL ) responded that it had a well-established compliance
program and the proposal was unnecessary. It added that the
shareholder proposal was an inappropriate attempt to micromanage
Apple's ( AAPL ) business strategy.
"Apple ( AAPL ) is an equal opportunity employer and does not
discriminate in recruiting, hiring, training, or promoting on
any basis protected by law", the iPhone maker said in the
filing. The news was first reported by TechCrunch.
Several major companies including Meta and Amazon ( AMZN )
are winding down diversity programs ahead of Republican
Donald Trump's return to the U.S. presidency as conservative
opposition to such initiatives grows louder.
Conservative groups have denounced DEI programs and
threatened to sue companies over them, emboldened by a U.S.
Supreme Court ruling in 2023 that struck down affirmative action
in university admissions decisions.
The changes show how some of America's biggest businesses
have reacted to a larger conservative backlash against diversity
initiatives, which multiplied after widespread protests
following the police killings of George Floyd and other Black
Americans in 2020.
(Reporting by Chandni Shah in Bengaluru)