Disney shareholders voted against a proposal to withdraw from the Human Rights Campaign's corporate equity index, which evaluates workplaces based on LGBTQ equality. This decision came as Disney, like many other companies, is facing pressure to make changes to its diversity and inclusion practices in light of government crackdowns on such initiatives.

Disney received a perfect score in the 2025 ranking for its efforts in preventing workplace discrimination, providing inclusive benefits, and promoting an inclusive culture. Although a shareholder proposal suggested that Disney's involvement in political issues like this could harm its stock price, the majority of shareholders disagreed and supported the company's current direction.

Notably, only a small percentage of shareholders backed the proposal, indicating strong shareholder confidence in Disney's current approach to equity matters. Several other companies, such as Ford Motor and Lowe's, have stepped back from LGBTQ-friendly initiatives in response to government pressures in recent months.

In a move towards aligning with broader values, Disney modified its executive compensation criteria to focus on a "talent strategy" rather than just diversity and inclusion. In other developments, shareholders re-elected all board members, supported executive compensation, and retained PricewaterhouseCoopers as the company's independent public accountant.

Furthermore, Disney shareholders opposed proposals calling for reports on retirement plan investments in high-carbon companies and evaluations of risks related to discriminatory practices against ad buyers or sellers based on their political or religious beliefs.