Disney Shareholders Overwhelmingly Reject Proposal to Sever Ties With LGBTQ Rights Group at Annual Meeting
Disney Shareholders Overwhelmingly Reject Proposal to Sever Ties With LGBTQ Rights Group at Annual Meeting
Disney investors rejected a proposal that the company end its participation in an LGBTQ rights organization's corporate equality ratings program.
Disney’s board recommended voting against the proposal to end its participation in the HRC’s Corporate Equality Index. Shareholders concurred, with only 1% of shares voted in favor the proposal, according to the preliminary tally.
That’s damn near unanimous.
Hardly surprising considering it was submitted by a "right-wing think tank National Center for Public Policy Research" aka American legal troll farm. They tried using Disney's perfect Corporate Equality Index (CEI) score as a reason keeping ties with the Human Rights Campaign Foundation.
It noted that since 2007, Disney has received a “perfect score” on the CEI, “which can only be attained by abiding by its partisan, divisive and increasingly radical criteria.
Sooo by continuing to have an equitable environment that anyone can thrive in means its radical and divisive and therfore bad for business? What the actual fuck. The cognitive dissonance is so unreal with some of these people that I honestly think Kingdom Come 2's ai have more sentience than them.
Make EDUCATION great again :(
Disney’s board recommended
That’s damn near unanimous.
In an age of stock ownership dominated by "dumb money" (stocks held within index funds, which always vote with the board as a matter of fund [lack of] management policy), that's to be expected. It's weird when more than a tiny minority of shareholders don't vote with the board.