Everyone from digital print giant Xerox to tiny biopharma Nektar Therapeutics managed to get shareholders to withdraw resolutions calling for board diversity policies by promising to adopt them.
And everyone from financial services titan Mastercard to health IT company Cerner managed to get shareholders to withdraw resolutions for gender and racial pay equity policies by promising to adopt them.
Meanwhile, hotel chain Choice Hotels International and home improvement megastore Home Depot were able to get shareholders to withdraw resolutions calling for disclosure of Equal Employment Opportunity (EEO) Commission data on the racial, ethnic and gender make-up of their workforces by promising to make the disclosures.
In fact, according to data from Sustainable Investments Institute (Si2) collated especially for RI by Si2 founder Heidi Welsh, the majority of diversity and inclusion (D&I) resolutions were withdrawn and were not voted on. Well ov…