Disney Shareholders Overwhelmingly Reject Anti-DEI Proposal

During its annual shareholder meeting, The Walt Disney Company faced a proposal from the National Center for Public Policy Research to withdraw from the Human Rights Campaign's Corporate Equality Index, which promotes LGBTQ+ workplace equality. The proposal was overwhelmingly rejected, with only 1% of shareholders voting in favor, reflecting strong support for Disney's diversity, equity, and inclusion (DEI) efforts. Despite concerns that such positions may alienate audiences and impact stock performance, Disney's board maintained that their involvement in the index is essential for transparency and shareholder value. The meeting also saw the rejection of other proposals related to climate change risks and advertising practices, underscoring the politically charged environment surrounding corporate governance. Disney has consistently scored 100 on the Corporate Equality Index and has faced scrutiny for its stance on social issues, including opposition to Florida's