Even As Companies Retreat From Diversity Efforts, Many Quash Anti-DEI Shareholder Resolutions

Even As Companies Retreat From Diversity Efforts, Many Quash Anti-DEI Shareholder Resolutions

Goldman Sachs, Pfizer, Coca-Cola and other big names have successfully blocked shareholder resolutions limiting diversity, equity and inclusion efforts. But that doesn’t mean they are DEI champions.

[New York - Momoe Ban] The battle over DEI (Diversity, Equity and Inclusion) is intensifying at the general shareholders' meetings of US listed companies. As shareholder proposals to push forward against DEI are on the rise, there are also many cases of them being rejected at general shareholders' meetings. A growing number of companies are canceling DEI measures due to the risk of lawsuits, but they are caught between shareholders who support D…

It's Time to Sack Goldman Sachs' DEI Initiatives, Shareholders Insist

Washington, D.C. — At today’s Goldman Sachs annual shareholder meeting, a representative of the National Center for Public Policy Research’s Free Enterprise Project (FEP) will present a proposal requesting that the Board of Directors take a closer look at the risks Goldman faces by refusing to dump its Diversity, Equity and Inclusion (DEI) initiatives. FEP’s supporting statement provides several examples of Goldman engaging in “arguably unethica…

98% of Goldman Sachs Shareholders Reject Anti-DEI Proposals

Goldman Sachs shareholders overwhelmingly rejected two anti-DEI proposals directing the company to consider eliminating its diversity, equity and inclusion-based compensation incentives for executives and to review legal and reputational risks stemming from the firm’s DEI policies, with each proposal receiving only 2% shareholder support at Goldman Sachs’ annual meeting on Wednesday. The vote follows a […]