In a steady parade of companies retreating from their diversity efforts, Costco Wholesale is standing out by holding fast. Ahead of its annual meeting next week, the warehouse retailer has urged its shareholders to reject a proposal to assess the risks that its diversity initiatives pose to the company’s stock price.

At a time when many large U.S. companies are scaling back their diversity, equity and inclusion (DEI) efforts, Costco is standing firm in its commitment to these initiatives.