Jacob Kastrenakes, The Verge:
Silicon Valley has a long way to go on diversity, but most tech companies would argue that they’re making progress. Intel beat its initial hiring goals; Microsoft is tying executive compensation to diversity success; and Google says it’s made changes to remove pay inequality, even though the diversity of its workforce has remained flat.
Apple also claims to have removed pay disparities and has made slight gains on hiring women and people of color. It’s even launched an “Inclusion & Diversity” page with visualizations of its hiring data.
But a small group of Apple investors believe the company isn’t making progress fast enough, and they’re trying to force the company to pick up the pace. “Some of the excuses given by Apple and others — there’s not sufficient people in the pipeline, this and that,” says investor Tony Maldonado. “Excuse my language, it’s bullshit.”
And:
Maldonado is leading an effort to mandate that Apple accelerate its work toward becoming a more diverse company. For the second year in a row, he’s submitted a shareholder proposal asking that Apple “adopt an accelerated recruitment policy … to increase the diversity of senior management and its board of directors.”
From Apple’s point of view:
In a filing with the SEC, Apple’s board wrote a note recommending that shareholders vote against the proposal. The company argues that it already has “much broader” diversity efforts at work and, in the past three years, has made “steady progress in attracting more women and underrepresented minorities.” The proposed policy, Apple concludes, “is not necessary or appropriate because we have already demonstrated our commitment to a holistic view of inclusion and diversity.”
Is Apple doing enough on their own? They have certainly proven that they think well beyond the boundaries of profit and revenue, leading their corporate cousins in issues like clean/renewable energy and supply chain ethics. That doesn’t mean they always do right, but my sense is that Apple listens on issues like this and, when they listen, change is sure to follow.