Amazon, Alphabet Targeted in Oklahoma Anti-DEI Proposals (1)

Oklahoma is poised to become the first Republican state to try to use its influence as an investor to end DEI in corporate America, targeting companies including Amazon.com Inc. and Alphabet Inc. in shareholder proxy proposals.

Using an increasingly popular tactic among conservative investors who are going after everything from Wall Street banks to health-care giants, Oklahoma Treasurer Todd Russ is planning to confront six companies that the state invests in through its $2 billion Tobacco Settlement Endowment Trust. The other companies are Netflix Inc., Lululemon Athletica Inc., GoDaddy Inc. and Yum! Brands Inc.

Russ is calling ...