Investors Push Deere to Explain DEI Rollbacks With New Bid

A shareholder advocacy group is pressing tractor giant Deere & Co. to answer for its rolled-back diversity, equity, and inclusion measures via a new proxy proposal that seeks disclosures about employee recruitment and retention.

As You Sow, a nonprofit that represents investors interested in environmental and social issues, filed the proposal Thursday as a corporate ballot submission for votes at Deere’s next annual shareholder meeting.

The proposal comes after the farm machinery maker said in July that it would cease to participate in “cultural awareness parades” and refocus its employee resource groups on professional development.

Deere had bowed under pressure ...