28 Companies Where Shareholders Defended DEI
This report covers 28 notable companies where shareholders voted against anti-DEI proposals.
👉 Companies Where Shareholders Voted Against Anti-DEI Proposals 👈
Mastercard
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/24/2025
- Story: Mastercard shareholders rejected an anti-DEI proposal with 100% voting no (rounded from 99.6%).
Best Buy
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/13/2025
- Story: Best Buy shareholders rejected an anti-DEI proposal with a 99-1 vote.
American Airlines
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/11/2025
- Story: American Airlines shareholders rejected an anti-DEI proposal with a 98-2 vote.
Caterpillar
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/11/2025
- Story: Caterpillar shareholders rejected an anti-DEI proposal with a 97-3 vote.
Dick’s Sporting Goods
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/11/2025
- Story: DICK’S Sporting Goods shareholders rejected an anti-DEI proposal with a 98-2 vote.
Lululemon
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/11/2025
- Story: lululemon shareholders rejected an anti-DEI proposal with 100% voting no (rounded from 99.7%).
Target
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/11/2025
- Story: Target shareholders rejected an anti-DEI proposal with 92% voting no, 7% yes, and 1% abstaining.
Alphabet (Google)
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/6/2025
- Story: Alphabet Inc. (Google) shareholders voted 99% against two anti-DEI proposals (1% abstained) at the annual meeting, which targeted the company’s LGBTQ+ inclusion initiatives.
PayPal
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/5/2025
- Story: PayPal shareholders rejected an anti-DEI proposal with 98% voting no and 1% abstaining.
Walmart
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/5/2025
- Story: Walmart shareholders rejected an anti-DEI proposal with 100% voting no (rounded from 99.6%).
Netflix
- Action: Shareholders voted against anti-DEI proposal
- Date: 6/5/2025
- Story: Netflix shareholders nearly unanimously rejected a proposal to end DEI initiatives.
Merck
- Action: Shareholders voted against anti-DEI proposal
- Date: 5/27/2025
- Story: Merck shareholders rejected an anti-DEI proposal with a 99-1 vote.
Southern Company
- Action: Shareholders voted against anti-DEI proposal
- Date: 5/21/2025
- Story: Southern Company shareholders rejected an anti-DEI proposal with a 98-2 vote.
Amazon
- Action: Shareholders voted against anti-DEI proposal
- Date: 5/21/2025
- Story: Amazon shareholders defeated a resolution to scale back DEI efforts; only about 1% supported the change.
Yum! Brands
- Action: Shareholders voted against anti-DEI proposal
- Date: 5/15/2025
- Story: Shareholders of Yum! Brands, the parent of KFC/Taco Bell, likewise voted roughly 99% against an anti-DEI proposal (only ~1% support).
Gilead Sciences
- Action: Shareholders voted against anti-DEI proposal
- Date: 5/7/2025
- Story: Shareholders of Gilead Sciences voted to reject an anti-DEI proposal, 99-1%, which called for a review of risks stemming from the company’s DEI policies for contractors and suppliers.
Bristol Myers Squibb
- Action: Shareholders voted against anti-DEI proposal
- Date: 5/6/2025
- Story: One of the proposals requested the company “Cease DEI Efforts.” Shareholders voted to reject both proposals, 98-1% and 97-2%, the filing said.
Berkshire Hathaway
- Action: Shareholders voted against anti-DEI proposal
- Date: 5/3/2025
- Story: Berkshire Hathaway shareholders on Saturday rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based initiatives, one of several diversity-related proposals voted down.
Coca-Cola
- Action: Shareholders voted against anti-DEI proposal
- Date: 4/30/2025
- Story: Coca-Cola shareholders rejected two anti-DEI proposals with 99% voting no.
American Express
- Action: Shareholders voted against anti-DEI proposal
- Date: 4/29/2025
- Story: American Express shareholders rejected an anti-DEI proposal with 99% voting no.
Pfizer
- Action: Shareholders voted against anti-DEI proposal
- Date: 4/24/2025
- Story: Pfizer shareholders rejected an anti-DEI proposal with a 98-2 vote.
Goldman Sachs
- Action: Shareholders voted against anti-DEI proposal
- Date: 4/23/2025
- Story: Two shareholder proposals aimed at eliminating DEI-based pay incentives and conducting DEI audits were defeated by 98%+ of shareholders, with the board reaffirming DEI’s strategic importance.
Levi Strauss & Co.
- Action: Shareholders voted against anti-DEI proposal
- Date: 4/23/2025
- Story: More than 99% of Levi Strauss’ shareholders voted against the proposal at the annual meeting of shareholders held on April 23, the filing said.
John Deere
- Action: Shareholders voted against anti-DEI proposal
- Date: 2/26/2025
- Story: John Deere shareholders rejected an anti-DEI proposal with 99% voting no.
Apple
- Action: Shareholders voted against anti-DEI proposal
- Date: 2/26/2025
- Story: A proposal aimed to dismantle Apple’s DEI initiatives, citing potential legal risks and alignment with recent political directives. However, an overwhelming 97% of shareholders voted against this measure.
Visa
- Action: Shareholders voted against anti-DEI proposal
- Date: 1/28/2025
- Story: Visa shareholders rejected an anti-DEI proposal with a 99-1 vote.
Costco
- Action: Shareholders voted against anti-DEI proposal
- Date: 1/24/2025
- Story: Some 98% of shareholders voted to keep the company’s initiatives, which have included training, open conversations to promote inclusivity, and the appointment of its first chief diversity officer in 2022.
AT&T
- Action: Shareholders voted against anti-DEI proposal
- Date: 5/16/2024
- Story: AT&T shareholders rejected a “workforce civil liberties” proposal (focused on alleged DEI-related discrimination) with 97.7% voting against and only ~2.3% in favor.
Sources
- The Corporate DEI Tracker (Buildremote’s research)
- Impactize
- Nancy Levine Stearns (reporter, LinkedIn)
Access the best DEI policy data
If you haven’t found the company you’re looking for, here are a few more resources:
