Apple backs its diversity policies, calling anti-DEI proposal ‘restricting’
CNN
The proposal, if approved by Apple shareholders, would require the company to considering removing its DEI programs.
Apple’s board of directors has recommended shareholders vote against a conservative think tank’s proposal to consider scrapping the tech giant’s diversity, equity and inclusion (DEI) initiatives. “At Apple, we believe that how we conduct ourselves is as critical to Apple’s success as making the best products in the world. We seek to conduct business ethically, honestly, and in compliance with applicable laws and regulations, and our Business Conduct and Compliance policies are foundational to how we do business,” the company said Friday in its proxy statement. The National Center for Public Policy Research (NCPPR) notified Apple in September that it intends to submit the anti-DEI proposal at Apple’s annual shareholder meeting on February 25. If passed by shareholders, it would require Apple to consider eliminating some or all of its DEI policies. But Apple said the proposal “inappropriately attempts to restrict” and “micromanage” company operations and policies. The company also said it has a “well-established compliance program,” and its board actively manages business and legal conduct to ensure it complies with laws in multiple jurisdictions. Stefan Padfield, executive director of the NCPPR’s Free Enterprise Project, said DEI poses risks, including litigation, customer backlash and divisiveness among employees, that outweigh the benefits. The NCPPR said that Apple “likely has over 50,000 who are potentially victims of this type of discrimination.” The NCPPR said if any employees sue the company, Apple could lose “tens of billions of dollars.”
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The proposal, if approved by Apple shareholders, would require the company to considering removing its DEI programs.
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