ISS urges Apple investors to vote against scrapping diversity policies
Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider eliminating the iPhone maker's diversity, equity and inclusion policies.
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Apple's disclosures offer shareholders sufficient information about its DEI policies and there have been no controversies or signs of discrimination against employee groups, ISS said.
The company's board has urged shareholders to reject the anti-DEI proposal, arguing it already has a compliance program in place and that the measure improperly seeks to limit its management of business operations, personnel and strategy.
Apple, which plans to hold its annual meeting on February 25, did not immediately respond to a Reuters request for comment.
Large US companies including Meta, Alphabet and Amazon have dropped their DEI goals before and after Donald Trump's return to the US presidency, as conservative pushback against such initiatives intensifies.
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