Disney shareholders reject anti-DEI proposal – despite representation issues

Disney shareholders have rejected an anti-DEI proposal put forward by a conservative think tank during the company’s annual meeting.

Disney shareholders rejected the proposal, which would remove the company from participating in the Corporate Equality Index; a national benchmarking tool on corporate policies involving diversity, equity and inclusion, pertinent to LGBTQ+ employees, set up by the Human Rights Campaign.

At Disney’s annual shareholder meeting, held Thursday (20 March), the conservative think tank National Center for Public Policy Research urged them to stop using the HRC’s CEI as a benchmark.

According to Yahoo! Finance, just 1% of Disney shareholders voted to approve the motion.

The think tank wrote in a proxy statement on the proposal, “When corporations take extreme positions, they destroy shareholder value by alienating large

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