ISS urges Apple investors to vote against proposal to scrap diversity policies


FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, U.S., August 1, 2018. REUTERS/Lucas Jackson/File Photo

(Reuters) -Proxy advisory firm Institutional Shareholder Services on Friday recommended that Apple shareholders vote against an investor proposal asking the tech giant to consider abolishing its diversity, equity and inclusion (DEI) policies.

Big Tech companies Meta, Alphabet and Amazon are among a series of firms that had scrapped their DEI goals leading up to and after Republican Donald Trump's return to the U.S. presidency.

Apple did not immediately respond to a Reuters request for comment.

The iPhone maker's annual meeting is scheduled for Feb. 25.

(Reporting by Deborah Sophia in Bengaluru; Editing by Anil D'Silva and Devika Syamnath)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

How Agility Robotics uses artificial intelligence, from their humanoid 'Digit' to everyday workflow
Man who lost key motion in Elon Musk suit alleges judge used faulty AI
Netflix inks deal for exclusive video podcasts, episodes on YouTube will disappear
Nvidia to license Groq technology, hire executives
Spotify says piracy activists hacked its music catalogue
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
Podcast industry under siege as AI bots flood airways
Do online comments sections reflect public opinion? Study casts doubt
AI resurrections of dead celebrities amuse and rankle
US adds new models of China’s DJI and all other foreign-made drones to its blacklist

Others Also Read