“Interestingly, these anti-DEI resolutions conveyed the exact opposite message, demonstrating that investors and companies alike believe that diversity has a positive impact on employees and long-term shareholder value.”

[COMMENTARY] For companies that employ or serve the mass consumer/public, not having a management or workforce that’s diverse will likely be a detriment to the company’s overall success. Hence, DEI-type policies are appropriate for most listed public companies. That’s why proxies advocating eliminating DEI polices are failing.
Corporate Support for DEI Continues Among Investors and Companies, by Timothy Smith, August 17, 2025, Harvard Law School Forum on Corporate Governance, USA.