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Apple Shareholders Likely to Uphold DEI Initiatives Despite National Backlash

Apple shareholders are expected to reject a proposal aimed at scrapping the company’s diversity, equity, and inclusion (DEI) initiatives despite broader national backlash. The proposal, led by the National Center for Public Policy Research, claims DEI programs pose legal and financial risks, but Apple defends them as vital to its $3.7 trillion market value. Similar anti-DEI efforts at companies like Costco have failed to gain traction.

FILE – An Apple logo adorns the facade of the downtown Brooklyn Apple store on March 14, 2020, in New York. (AP Photo/Kathy Willens, File)

Apple’s DEI Programs Quick Looks

  • Apple’s shareholders set to vote Tuesday on proposal to end DEI programs
  • National Center for Public Policy Research argues DEI creates legal risks
  • Apple defends DEI efforts, citing positive business and cultural impacts
  • Florida’s attorney general sues Target over its scaled-back DEI initiatives
  • Nearly 75% of Apple’s workforce is white and Asian; two-thirds are men
  • Costco shareholders overwhelmingly rejected similar anti-DEI proposal last month
  • Apple maintains DEI fosters innovation and market leadership

Apple Shareholders Likely to Uphold DEI Initiatives Despite National Backlash

Deep Look

CUPERTINO, Calif.Apple shareholders are expected to reject an anti-DEI proposal Tuesday that seeks to eliminate the company’s diversity, equity, and inclusion (DEI) programs, despite mounting pressure from conservative groups and political leaders.

The proposal, introduced by the National Center for Public Policy Research—a conservative think tank—calls on Apple to follow other corporations retreating from DEI initiatives amid growing political scrutiny.

“It’s clear that DEI poses litigation, reputational and financial risks,” the group’s proposal states, warning that up to 50,000 Apple employees could potentially sue for discrimination. (The group did not explain how it calculated that figure.)


Apple’s Firm Stand on DEI

Apple, valued at a record-breaking $3.7 trillion, countered the proposal, describing its DEI efforts as integral to its global success.

“How we conduct ourselves is as critical to Apple’s success as making the best products in the world,” the company said in its rebuttal. “We seek to conduct business ethically, honestly, and in compliance with applicable laws.”

Apple’s leadership insists that its commitment to a diverse and inclusive workforce drives innovation and financial performance—a sentiment echoed by other major tech companies.


The anti-DEI push isn’t limited to Apple. Florida Attorney General James Uthmeier recently sued Target, claiming the retailer’s DEI efforts alienated consumers and hurt shareholder value.

Meanwhile, Costco shareholders overwhelmingly rejected a similar anti-DEI proposal in January, suggesting that investors remain largely supportive of corporate diversity programs.


According to Apple’s latest diversity report (2022):

These figures mirror broader tech industry trends, where diversification efforts have yielded slow progress, particularly in high-paying engineering roles.

“Tech companies have long struggled to reflect the diversity of their customer base,” said tech analyst Maria Lopez. “DEI programs remain crucial to closing that gap.”


What’s at Stake for Apple?

Investors are also weighing potential reputational damage if Apple were to scale back DEI efforts—a concern especially relevant amid a polarized political climate.

“Companies like Apple understand that inclusivity is not just ethical—it’s good for business,” said DEI expert Dr. Laila Richards.


Broader Implications

Despite political pressure, experts predict that most Fortune 500 companies will retain their DEI programs, citing long-term business advantages.


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