As the Trump administration takes aim at diversity, equity and inclusion, major retailers are dialing it back. However, Costco swam against the tide at its shareholder meeting.

Costco shareholders vote to retain DEI policies, rejecting the anti-diversity proposal made by a think tank that threatened risk to the company.

Costco shareholders overwhelmingly rejected a proposal to probe its diversity, equity and inclusion practices for legal risks. The Issaquah-based company’s board characterized the proposal from an activist shareholder as a bad-faith effort to undermine its DEI initiatives.