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De Omnibus Dubitandum - Lux Veritas

Tuesday, May 2, 2023

Cereal giant's shareholders reject proposal for audit of 'equity' policies

Decision comes despite discrimination complaints

 WND News Services By WND News Services April 29, 2023  

Kellogg’s shareholders rejected a proposal to commission an audit of its equity policies to determine whether they discriminate against certain employees at its annual shareholder meeting Friday.

Kellogg’s Board of Directors recommended opposing the proposal by the National Center for Public Policy Research (NCPPR), saying it disagrees that there is concern that diversity, equity and inclusion “programs and practices themselves are deeply racist, sexist, [and] otherwise discriminatory.” The cereal giant has pledged to meet demographic hiring goals that may discriminate against “non-diverse” employees, and NCPPR proposed an audit analyzing the impacts for such policies.

“Shareholders deserve an investigation into whether Kellogg’s DEI policies are conflicting with the company’s fiduciary duty to maximize value,” said Brad Anderson, chairman of the Boardroom Initiative. He cited Kellogg’s pledge for 50% of its global employees at the management level and above to be female by 2025, which the company reached early in December 2022, according to its website...........To Read More....



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