Target CEO Gregg Steinhafel said Wednesday that the retail giant will not take a stand on Minnesota's proposed gay marriage ban amendment, Minnesota Public Radio reported.

“We are going to be neutral on that particular issue as we would be on other social issues that have polarizing points of view,” Steinhafel said at Target's annual shareholders' meeting in Pittsburgh, Pennsylvania.

It was the first time Steinhafel had met with shareholders since it was revealed that the Minnesota-based retailer had donated $150,000 to MN Forward, an independent political fund supporting Tom Emmer, the anti-gay Republican nominee who lost his bid to become Minnesota's next governor. The revelation prompted progressive group to launch a boycott urging shoppers to abandon the chain. The group chided Target for “meddling in our democracy” and refusing to “acknowledge its customers' outrage,” adding that corporate money in elections amounts to “political bribery.”

Steinhafel offered a watered down apology for the donation in a memo to employees, but rejected a request from the Human Rights Campaign (HRC), the nation's largest gay rights advocate, to give an equal amount of money to pro-gay rights candidates, and insisted that his company supports pro-business candidates.

Lawmakers last month approved the amendment, sending the question of whether to amend the Minnesota Constitution to define marriage as a heterosexual union to voters in 2012.

“We're a retail store, we welcome everybody,” Steinhafel added. “We have a broad team-member base, every shape and size and color. And so we are a very inclusive organization. … We're going to continue to monitor, we're going to continue to assess, and see how that develops.”

After six questions on the topic, Steinhafel attempted to change the topic – “Does anybody have a question relating to our business that's unrelated to political giving?” – but shareholders continued with the same line of questioning.

Target altered its policy on political giving in February.