Many major American companies are moving away from the SEI policy this year
The most recent example came in the beginning of this month, Berkshire Hathaway (Brk-b, BRK-a) Investors gathered for the company’s annual stock meeting in Neb, Omaha.
Shareholders in Warren Buffett’s Conglomate, shareholders, Berkshire Holding companies have been deprived of two events that will appoint the Board Committee to oversee the risks of Berkshire Holding companies.
Berkshire manages 189 operating facilities using about 400,000, so if such policies were widely effective in such policies. At the beginning of this year, this Some language undressed Diversity and inclusion in the annual report are discussed.
Shareholders, Omaha, on May 3, Berkshire Hathaway for the annual meeting of the Berkshire Hathaway will be seated inside Omaha. (AP Photo / Rebecca S. Gratz) ·Associated Press
It is not to say that Berkshire shareholders are ready to give the thumbs up to more diversity measures. He rejected a proposal that demanded Berkshire to give a report to pay Berkshire.
The same sample was repeated and repeated in many other major companies in the annual meeting season, derived by a wider fatigue with the Diversity, Capital and Lei theme.
As of May 8, shareholders have 17 anti-dei proposals, 14 selected or removed or taken from the newsletters, or proxy advocacy ISS corporate. A total of 52, this spring and spring were still presented with much.
Anti-dei offers were almost unanimously rejected by shareholders in Apple (Aapl), Disney (Disbade), Deere & Company (One), Levi Strauss & CO (Levi), Goldman Sachs (Gs), Boeing (Ba), Wells Fargo (Slope), American Express (AxP), Coca-Cola (This) and kosto (Value).
“Shareholders, shareholders, a focus-based diversity program and supported diversity programs and supported diversity programs, he said he was a CEO of an Afrophitic organization defending the environment and social corporate responsibility.
Again, Pro-dei offers did not work better.
As of May 8, 44-way Pro-dei proposals this year were in corporate bulletins this year. Among those who go to the voting have no shareholder support so far. Seven failed and 15 were released or retreated.
DeI Forecast Projects This year Deere, pilgrims were voted (PPC), Autoonation (One), Ao Smith (For), Lennar (Len), Original parts (GPC) and Wells Fargo.
In some cases, the DEI anti-dei proposals could not reach the vote. On IBM and AT & T, shareholders, after changing the policies of the variety of companies, put the voting anti-dei offers from pushing the proposals to the vote.
Pfizer, Securities and Exchange Commission, went to the company in response to an anti-dei offer call. The decision of the SEC allowed the pharmaceutical giant to remove the proposal from a unique expression.
Some companies have taken other steps for themselves Back Change dei programs or dei in annual reports.
And it includes Berkshire in its annual report this year Diversity and inclusion were discussed According to Reuters, it was in the previous year report.
Last year, his work “Designed to identify qualified candidates and to encourage and promote the workforce.” This year, he left the phrase “to encourage enterprise to enter and enter the workforce.”
Berkshire Hathaway CEO Warren Buffett. (AP Photo / Nati Harnik, File) ·Associated Press
The largest bank of the nation, JPMorgan Chase (Jpm) In March, it will change the word “capital”, which reduces the diversity-oriented training and the word “qualification”, “Kapazicity” will change “capital”.
Disney (Disbade) Cut one of the diversity programs “Reimagine tomorrow” and raised references to the two dei programs in the annual report before the annual shareholder.
During the new Trump Office, the companies have strengthened legal and political pressure on companies to collect Devi language and policies.
The Equal Employment Commission (EEOC) in March warned that the 1964 civil rights law of the 1964 civil rights law could be illegal about the Federal Law based on the competition, color, religion or sex.
The US Department of Justice has joined EEOC and accuse the employees of the discrimination associated with the dei.
Some companies encouraged shareholders to actively support dei measures. Costco (Cos) He did this in response to a joint-stock initiative that requires more statements in the company’s diversity practices.
A giant seller, a conservative thinking tank of the National Center of State Policy Studies (NCPPR), conservative thinking tank, it forced the risks Experiments.
The event lost 98% of the company’s investors with 98% of the company.
Alexis Keenan is a legitimate reporter for Yahoo Finance. Follow Alexis in X @alexiskweed.
