Costco doing right

It's just plain weird to me that this isn't seen as the lowest bar in the world, but I'm definitely still taking the W.

Orphan-crushing machine refuses to accelerate crushing orphans is a now feel good story yet again.
- This false dichotomy of all or nothing merely benefits the status quo.
  A small improvement is better than no improvement and all progress has to start with a first step, somewhere, somehow.
- How is Costco an orphan crushing machine?
It's not that it's such a great act in itself, it's no where near enough.
But.
This is a significant win as a large, profitable and respected company is seen to be doing something so insignificant and get such good marketing results. This is the best kind of encouragement we can give to the souless retail machine 😉 And yes... "We will sing your praises if you just follow basic laws" is a pretty low bar, but here we are 😄

what kind of cartoon world are we living in that i’m actually on the side of a corporation for once

A cartoon where a corporation is doing the absolute bare minimum to fight racism.
- DEI is more than just racism. Lots of marginalized groups that based on race alone.
They'll find a way to fuck it up, I'm sure
Costco is the only one
- Arizona tea

What is DEI?

Diversity, Equity and Inclusion. Programs, most often hiring, promoting those values
https://en.m.wikipedia.org/wiki/Diversity,_equity,_and_inclusion
Questions against it is usually bigoted. It seemed to be the popular MAGA dogwhistle this election.
- It's not really a dogwhistle, DEI is diversity, equity and inclusion - they're outright saying they don't want diversity equity and inclusion.
American History X has a scene about it, although racists were programmed with different words 30 years ago.
I think it's a sporting goods store

Now lemmy is flooding me with corporate propaganda? Good on the company for doing the right thing, but when I see this same headline in multiple communities on here, it reminds me of reddit.

Is it propaganda, though? How about we celebrate the few nice things going for us and just enjoy it for a second. We should be praising this regardless of our ideals because the world is very far from ideal.
- Yeah, it probably is propaganda. Costco has been doing some cartoonishly shitty union busting recently for which they received a ton of backlash. Now, suddenly, we're all supposed to be on their side because they said "DEI is good"? IDK, it might just be me, but that rings a bit hollow from a company that has a long (and very recent) history of doing shit like "changing the locks on union bulletin boards so the reps can't put up any notices".

Who are these shareholders?? Name and shame

https://en.wikipedia.org/wiki/Costco#Ownership
Oops. All Private Equity.
- I'm starting to think these private equity firms are bad eggs! /s
- The top three are index funds basically which is not really private equity in the colloquial sense. A lot of people's retirements and savings are held by vanguard, blackrock and state street.
- These are not the same firms behind the proposal though. I know some of the funds listed like Blackrock and State Street have supported DEI at least in the past and have been targeted by the far right for that reason.
- Is there any legal way a company can prevent the sale of their stock to a private equity?
The shareholder is a group called "National Center for Public Policy Research", a far right organization.
This for all shareholders, all the time. Their laws might care about the corporate veil but we don't.

It's DEI just Equal Opportunity with a fresh coat of paint so racists/misogynists don't sound like boomers from the 90s when they complain about it?

Diversity, Equality, Inclusion.
Yes, DEI is just the new name for "stop discriminating against non-white males"

DEI is all about making money by using resources that being racist and dumb leaves on the table. The moment it becomes too expensive DEI won't fix it.

Id rather have DEI than not have it, but DEI is for company profit, any other benefits are secondary.

DEI has a branding problem. Should have called it IED.
- IED?
- C-IED here. What's the emergency?
DEI is all about making money by using resources that being racist and dumb leaves on the table
No it isnt... it's just a quota. If you have sources showing the financial gains aquired through DEI implementation, please share
- K
  https://www2.deloitte.com/us/en/insights/deloitte-review/issue-22/diversity-and-inclusion-at-work-eight-powerful-truths.html
  https://www.bcg.com/publications/2019/winning-the-20s-business-imperative-of-diversity
  https://hbr.org/2020/11/getting-serious-about-diversity-enough-already-with-the-business-case
- I work in a DEI company, there is no quota. They just want to higher cheap immigrant labor where they can get away with it and make their minority and women workers more productive by making them feel like they are cared for.
  Why would a company voluntarily do something that would make it unpopular and lose money?
- It's not just a quota, and the post above yours is also wrong, but honestly I don't have the energy to argue.
I mean it sounds like DEI is about using the best talent available. Instead of narrowing your options. So DEI will become too expensive when the playing field is even.
- Yes, that is my problem with it. DEI is about finding the best talent at the cheapest price point. This means if a man and a woman can do the same job. They will have them both do the same job but will not pay the women as much as the man.
  This is better than keeping the woman as a secretary instead of an engineer, but it isn't helping anyone, it's just underpaying women and other minorities.
It's a capitalist system. Everything a company does is about its bottom line. Especially a publicly-traded company, which has no legal choice in the matter.