Colgate-Palmolive plans to defend DEI criteria for board selection, letter shows

Feb 24 (Reuters) - Colgate-Palmolive told the National Legal and Policy Center that it intends to ask investors to vote ‌against the conservative shareholder group's proposal to remove DEI-related criteria ‌in the company's selection process for its board members, according to a letter ​viewed by Reuters. The NLPC's proposal comes as several companies including Goldman Sachs, Walmart, Target and Meta dropped or considered altering their diversity, equity and inclusion (DEI) policies as U.S. President Do ...