Apple backs its diversity policies, calling anti-DEI proposal restricting | Money [Video]

(CNN) — Apple’s board of directors has recommended shareholders vote against a conservative think tank’s proposal to consider scrapping the tech giant’s diversity, equity and inclusion (DEI) initiatives.

“At Apple, we believe that how we conduct ourselves is as critical to Apple’s success as making the best products in the world. We seek to conduct business ethically, honestly, and in compliance with applicable laws and regulations, and our Business Conduct and Compliance policies are foundational to how we do business,” the company said Friday in its proxy statement.

The National Center for Public Policy Research (NCPPR) notified Apple in September that it intends to submit the anti-DEI proposal at Apple’s annual shareholder meeting on February 25. If passed by shareholders, it would require Apple to consider eliminating some or all of its DEI policies.

But Apple said the proposal “inappropriately attempts to restrict” and “micromanage” company operations and policies. The company also said it …