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Costco board decries effort to end its
DEI programs

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Posted By: OhioNick, 12/28/2024 3:40:03 PM

As many companies are cutting back or ending diversity initiatives, Costco's Board of Trustees is pushing back on efforts to end the company's DEI programs. The Board urged its shareholders to vote against a proposal submitted by the National Center for Public Policy Research that called on Costco to eliminate DEI programs. The group claims that DEI programs are discriminatory and put the company at financial risk. "It's clear that DEI holds litigation, reputational and financial risks to the Company, and therefore financial risks to shareholders," the National Center for Public Policy Research wrote in its letter of support.

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Reply 1 - Posted by: aasilver 12/28/2024 3:57:18 PM (No. 1862513)
DEI is pronounced DIE for a company.
17 people like this.

Reply 2 - Posted by: Safari Man 12/28/2024 3:57:31 PM (No. 1862514)
This lends credence to the notion I've heard about (but wasn't sure was true)... Costco is a liberal-leaning operation, Sam'sClub is conservative leaning. I'm not sure what that even means, but I assume it manifested itself during Covid and GayPrideMonths, etc.
10 people like this.

Reply 3 - Posted by: Jesuslover54 12/28/2024 4:02:55 PM (No. 1862518)
I really don't care what the philosophy of the people who in the company might be but I do care about their prices and how they run their business. DEI is just bad for business, it's a deleterious and unnecessary cost.
12 people like this.

Reply 4 - Posted by: MickTurn 12/28/2024 4:38:53 PM (No. 1862536)
DEI...Demented Entitled Idiots, any questions?
3 people like this.

Reply 5 - Posted by: Hermoine 12/28/2024 4:53:05 PM (No. 1862547)
Can't stand shopping in big box stores, so overwhelming and nerve-racking! So, wish I could say I'd stop shopping at CostCo because of this, but never started.
10 people like this.

Reply 6 - Posted by: smak90 12/28/2024 6:03:11 PM (No. 1862571)
Those affected by die need to file a class action lawsuit against Costco.
4 people like this.

Reply 7 - Posted by: Ruhn 12/28/2024 6:04:35 PM (No. 1862573)
Costco shareholders: just vote out this current 'get woke, go broke' board. They are NOT going to maximize your wealth via DIE programs.
9 people like this.

Reply 8 - Posted by: kono 12/28/2024 6:04:41 PM (No. 1862574)
Of course, "Dei" is the Latin word for "God". And I think it wasn't accidental that the miscreants who dreamt up this nonsense chose that. The whole thing smacks of people trying to hijack God's work of creating and forming the human race. And when natural dynamics dump it to the curb, DEI's promoters try to force their will over God. (Plus the entire "transgender" ideology represents us deciding God's creative work is error prone and needs editors to fix it. As if opposing God isn't what damaged our nature from the get-go.)
4 people like this.

Reply 9 - Posted by: DVC 12/28/2024 6:07:50 PM (No. 1862576)
We use Sam's Club rather then Costco for a reason.
11 people like this.

Reply 10 - Posted by: udanja99 12/28/2024 6:23:05 PM (No. 1862584)
Isn’t Sam’s Club owned by the leftist family owners of Walmart? I have a Costco membership but rarely go there because the whole place is just annoying. I may just let my membership expire this year.
3 people like this.

Reply 11 - Posted by: Venturer 12/28/2024 8:03:58 PM (No. 1862608)
Why is it that these companies urging DEI feel that it is good policy to hire because of race instead of because of ability?
4 people like this.

Reply 12 - Posted by: earlybird 12/28/2024 8:31:38 PM (No. 1862624)
When we shopped in the warehouse the few employees we saw were admin and seemed to be mostly white. All very helpful. If they have had a DEI program it was not apparent. Now all shopping done online...so...
2 people like this.

Reply 13 - Posted by: Lawsy0 12/29/2024 1:01:43 AM (No. 1862695)
I had other reasons for dropping my membership at Costco. Sam's Club was a much better deal and Sam's never tried to tell me how to vote, or what to believe. Besides, our area just got a huge BJ's! Costco isn't gonna like "them apples." I-ont care.
4 people like this.

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As many companies are cutting back or ending diversity initiatives, Costco's Board of Trustees is pushing back on efforts to end the company's DEI programs. The Board urged its shareholders to vote against a proposal submitted by the National Center for Public Policy Research that called on Costco to eliminate DEI programs. The group claims that DEI programs are discriminatory and put the company at financial risk. "It's clear that DEI holds litigation, reputational and financial risks to the Company, and therefore financial risks to shareholders," the National Center for Public Policy Research wrote in its letter of support.
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