lululemon Board urged shareholders to vote to reject an anti-DEI proposal at its annual meeting today. LULU Board defended its “longstanding mission and values of effecting meaningful, positive change,” writing in response to a proposal from Oklahoma GOP Treasurer Todd Russ.
The proposal called for LULU to report on “discrimination risks related to charitable partnerships,” and included evidentiary mention of lululemon’s 2020 donation to Black Lives Matter.
lululemon: “Our commitment to Inclusion, Diversity, Equity, and Action (IDEA) is a critical function that helps us create an environment that is equitable, inclusive, and fosters growth.”
Oklahoma GOP Treasurer Todd Russ announced in March he was targeting companies like lululemon and others that “double down on DEI,” as Paul Monies reported for Oklahoma Watch: https://lnkd.in/g_-JEmAz
Tally TBA from lululemon’s shareholder vote today on anti-DEI proposal: “discrimination risks related to charitable partnerships.”
Shareholders of 25 of the largest corporations in the U.S. have voted overwhelmingly to reject anti-DEI proposals in 2025. Shareholders of companies including Costco, Apple, others, have overwhelmingly voted to reject anti-DEI proposals. View DEI Scorecard
