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Shareholders of Deere & Co. voted overwhelmingly to reject a proposal seeking to curb the farming-machinery maker’s diversity, equity and inclusion plans — the latest sign of investor resistance to conservative efforts to end diversity practices.
At its yearly shareholder meeting on Wednesday, Deere
DE said only 1.3% of votes cast were in favor of the proposal, which called on the company to generate a report on statistical differences in hiring across race and gender. The proposal came from the National Legal and Policy Center, a conservative group.
This post was originally published on Market Watch
