this post was submitted on 21 Mar 2025
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It's definitely working if even Disney does the right thing for once (www.businessinsider.com)
submitted 1 week ago by [email protected] to c/[email protected]
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cross-posted from: https://lemmy.world/post/27111323

Disney shareholders reject anti-DEI proposal

  • Disney shareholders rejected anti-DEI proposal on Thursday.
  • A conservative think tank proposed that Disney stop participating in the Corporate Equality Index.
  • Shareholders for Apple and Costco previously rejected similar proposals.
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[–] [email protected] 3 points 1 week ago* (last edited 1 week ago)

Disney didn't do the right thing at all, the title is factually incorrect. They held a vote and their shareholders voted to do this so that their stock price/investment doesn't lose value.

Disney doesn't give a shit about anyone or anything other than their stock price. They observed how Target took a financial hit for removing DEI policies and Costco benefited from keeping them, and shareholders acted accordingly.