ISS urges Apple investors to vote against scrapping diversity policies

Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider eliminating the iPhone maker’s diversity, equity and inclusion policies.

Apple’s disclosures offer shareholders sufficient information about its DEI policies and there have been no controversies or signs of discrimination against employee groups, ISS said.

The company’s board has urged shareholders to reject the anti-DEI proposal, arguing it already has a compliance program in place and that the measure…