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May 5, 2021
January 14, 2025
By Evans Momodu
3 minute digest
Apple’s board of directors has recommended shareholders reject a proposal from the National Centre for Public Policy Research (NCPPR) that calls for the company to consider eliminating its Diversity, Equity, and Inclusion (DEI) initiatives.
In a proxy statement issued Friday, Apple emphasized the importance of its ethical and lawful business practices, stating:
“We believe that how we conduct ourselves is as critical to Apple’s success as making the best products in the world.”
The NCPPR notified Apple in September of its intent to present the anti-DEI proposal at Apple’s annual shareholder meeting on February 25.
The proposal would require Apple to evaluate the potential elimination of some or all DEI policies, citing concerns about risks such as litigation, customer backlash, and internal divisiveness.
NCPPR’s Free Enterprise Project executive director, Stefan Padfield, argued that DEI initiatives could result in lawsuits and financial losses, claiming that over 50,000 Apple employees might be affected by alleged discrimination.
“We are simply asking for a consideration,” Padfield noted, emphasizing that the proposal would not mandate the immediate abolishment of DEI initiatives.
Apple stated that the proposal seeks to “restrict” and “micromanage” its operations, noting that the company already has a robust compliance program and actively manages business practices to adhere to legal standards globally.
Apple defended its DEI efforts, arguing that they are integral to fostering an ethical, inclusive, and high-performing workplace.
The debate highlights a growing divide over the role of DEI initiatives in corporate America. Critics, such as the NCPPR, claim these programs risk alienating employees and customers, while advocates argue they are essential for building equitable and innovative organisations.
The proposal will be decided at Apple’s annual shareholder meeting, where stakeholders will weigh the costs and benefits of continuing its DEI programs.
Source: CNN
