Investing
May 16, 2023

Inspire Investing CEO Statement on Viewpoint Diversity Score Business Index 2023

Too often, leaders at megabanks, big tech firms, and other large corporations act like they can brush aside concerns from the shareholders who actually own the company.
Inspire Investing CEO Statement on Viewpoint Diversity Score Business Index 2023
Article by
Robert Netzly
Inspire Investing CEO Statement on Viewpoint Diversity Score Business Index 2023

Transparency with shareholders and clients isn’t optional for a publicly traded company. Too often, leaders at megabanks, big tech firms, and other large corporations act like they can brush aside concerns from the shareholders who actually own the company. That’s wrong, and that broken way of thinking keeps C-suite leaders from hearing important perspectives that drive innovation and catalyze future success.

As the CEO of a faith-based investing firm managing over $2 billion dollars with biblically responsible investing principles, it is important to us that companies respect the core civil liberties of their stakeholders, including those like us with conservative, faith-based viewpoints. Too often, “respect for diversity” in corporate circles is just another way of saying “respect for viewpoints that do not contradict secular, leftist values.”

We have been working on a coalition with a number of like-minded investors to engage with public corporations on these issues. Of particular note, our coalition has been working with one of our allies to file a shareholder resolution at JP Morgan Chase, calling on the company to demonstrate transparency with respect to how it addresses concerns with political and anti-religious bias. Recently, fourteen state financial officers and nineteen state attorneys general have sent letters to Chase raising concerns over politicized de-banking.

As co-sponsors along with Alliance Defending Freedom, we are releasing the results of the 2023 Viewpoint Diversity Score Business Index on the same day as the Chase shareholder meeting (May 16th, 2023). The Index will include 75 top companies from tech, banking, and finance – including Meta, Disney, Microsoft, Alphabet, Apple, Wells Fargo, and PayPal.

Chase asked the SEC to block the resolution, but it ruled that the resolution must be considered at the company’s 2023 shareholder meeting. We are encouraging faith-based investors to vote “YES” on that proposal.

Major tech and financial institutions need to provide transparency by participating in the Viewpoint Diversity Score Business Index, and they need to take concrete steps to address the risks identified in their individual score evaluations. 

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*Advisory Services are offered through Inspire Investing, LLC, a Registered Investment Adviser with the SEC. All expressions of opinion are subject to change. This article is distributed for educational purposes, and it is not to be construed as an offer, solicitation, recommendation, or endorsement of any particular security, products, or services. Investors should talk to their financial advisor prior to making any investment decision.

This article is intended solely for use with sophisticated investors, financial professionals, or institutional clients who are familiar with the limitations of financial projections and forward-looking investment models. It is not intended for retail distribution.

All return expectations, capital market assumptions, and hypothetical portfolio outcomes presented are illustrative, based on proprietary models and current market conditions as of the date noted. These projections are not guarantees of future performance, and actual results may differ materially due to various risks and uncertainties, including changes in market conditions, interest rates, inflation, and geopolitical events.Hypothetical performance results have inherent limitations and are based on assumptions that may not reflect actual trading or investor experience. These projections do not represent actual client accounts, nor are they intended to indicate future performance of any specific strategy or product. Inspire does not represent that any account will achieve results similar to those shown.

The strategic portfolio allocations discussed may include investments in proprietary Exchange Traded Funds (ETFs) advised by Inspire Investing, LLC. Because Inspire receives management fees from these funds, a conflict of interest exists. Inspire seeks to mitigate this conflict through policies and procedures designed to ensure that recommendations are made in the best interest of clients and based on their unique objectives and risk tolerance. Additional information about this conflict is available in Inspire’s Form ADV Part 2A, available at www.adviserinfo.sec.gov.

Investment decisions should be made based on individual goals, time horizons, and risk tolerance. No portion of this article should be interpreted as personalized investment, legal, or tax advice. Please consult a qualified financial professional before implementing any investment strategy.
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Inspire Investing CEO Statement on Viewpoint Diversity Score Business Index 2023
Investing
May 16, 2023

Inspire Investing CEO Statement on Viewpoint Diversity Score Business Index 2023

Too often, leaders at megabanks, big tech firms, and other large corporations act like they can brush aside concerns from the shareholders who actually own the company.
Inspire Investing CEO Statement on Viewpoint Diversity Score Business Index 2023
Article by
Robert Netzly
inspireinvesting.com/post/
inspire-investing-ceo-statement-on-viewpoint-diversity-score-business-index-2023

Transparency with shareholders and clients isn’t optional for a publicly traded company. Too often, leaders at megabanks, big tech firms, and other large corporations act like they can brush aside concerns from the shareholders who actually own the company. That’s wrong, and that broken way of thinking keeps C-suite leaders from hearing important perspectives that drive innovation and catalyze future success.

As the CEO of a faith-based investing firm managing over $2 billion dollars with biblically responsible investing principles, it is important to us that companies respect the core civil liberties of their stakeholders, including those like us with conservative, faith-based viewpoints. Too often, “respect for diversity” in corporate circles is just another way of saying “respect for viewpoints that do not contradict secular, leftist values.”

We have been working on a coalition with a number of like-minded investors to engage with public corporations on these issues. Of particular note, our coalition has been working with one of our allies to file a shareholder resolution at JP Morgan Chase, calling on the company to demonstrate transparency with respect to how it addresses concerns with political and anti-religious bias. Recently, fourteen state financial officers and nineteen state attorneys general have sent letters to Chase raising concerns over politicized de-banking.

As co-sponsors along with Alliance Defending Freedom, we are releasing the results of the 2023 Viewpoint Diversity Score Business Index on the same day as the Chase shareholder meeting (May 16th, 2023). The Index will include 75 top companies from tech, banking, and finance – including Meta, Disney, Microsoft, Alphabet, Apple, Wells Fargo, and PayPal.

Chase asked the SEC to block the resolution, but it ruled that the resolution must be considered at the company’s 2023 shareholder meeting. We are encouraging faith-based investors to vote “YES” on that proposal.

Major tech and financial institutions need to provide transparency by participating in the Viewpoint Diversity Score Business Index, and they need to take concrete steps to address the risks identified in their individual score evaluations. 

inspireinvesting.com/post/
inspire-investing-ceo-statement-on-viewpoint-diversity-score-business-index-2023