Corporations have been jumping hoops to get a good ESG and Net-Zero score or favorable rankings from The Human Rights Campaign’s Corporate Equity Index. But, there’s a new corporate “score” on the block, and it is starting to unnerve the oligarchs.
The Viewpoint Diversity Index (by The Alliance Defending Freedom) measures “corporate respect for religious and ideological diversity.”
Viewpoint Diversity Score’s annual Business Index is the first comprehensive benchmark designed to measure corporate respect for religious and ideological diversity in the market, workplace, and public square. True diversity requires protecting freedom of expression and belief for employees, customers, shareholders, and other stakeholders. Accordingly, the Business Index evaluates a wide range of corporate policies, practices, and activities to determine whether companies respect these fundamental freedoms as a standard part of doing business.
It gauges tolerance for things outside the progressive plantation, like the religious rights of Christians, free association, or free speech, so Companies with high ESG or CEI scores obsessed with appeasing the Net-Zero Zombies tend to have outrageously low Viewpoint Diversity Scores.
The 2022 report lists Go Daddy at 2%, Adobe, Microsoft, and Airbnb at 5%, Amazon at 6%, Apple at 8%, PayPal gets 7%, and Google and Meta at 9%. Few, if any, significant banks can manage a score of above 25%. Twitter was 6% in 2022, so we’ll be able to see if Elon’s influence can improve things.
From the report.
The two industries with the lowest overall scores were computer software at 6%, and internet services and retailing at 8%. The financial and data services industry also came in at a low overall average score of 11%.
The National Center for Public Policy Research (NCPPR) has taken to introducing resolutions for consideration at upcoming shareholder’s meetings based on these rankings of large #woke institutions, and they’ve gotten support from an unexpected quarter.
The Securities and Exchange Commission (SEC) sided with conservative investors this week in their request to investigate what they say is PayPal’s systematic political and religious discrimination against customers.
Over the objections of PayPal’s management, the SEC allowed a proposal by the National Center for Public Policy Research (NCPPR) to go to a shareholder vote at the company’s next annual meeting. This decision follows a similar decision on March 29, in which the SEC green-lighted a proposal regarding alleged political and religious discrimination at JPMorgan Chase, America’s largest bank.
This follows in parallel or perhaps on the heels of efforts by State Attorneys General to investigate banks that use their pursuit of favorable ESG and CEI scores to discriminate against customers of faith.
Nineteen states, led by Missouri AG Eric Schmitt, are investigating Bank of America, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo for putting UN (BS) Net Zero ESG banking goals ahead of American laws.
And I get it. In the New World Order, appeasing the new emperors might make sense for oligarchic executives perched atop piles of money with this or that company name. When the revolution comes, the government will pick winners and losers, and you’d rather have a seat at the table than be in a body bag under it. But until the Progs can mingle the ashes of the US Constitution amongst the charred waste of the once great American Republic, it’s illegal for financial institutions to discriminate based on a wide range of tags.
These companies, like PayPal, are quick to line up their lawyers and protest, though I can’t imagine why. Don’t they trust their shareholders to vote in line with the board of directors’ vision of partisan one-party political hegemony?
JP Morgan Chase was likewise forced to allow shareholders to vote on a similar resolution.
In the past two years, Chase has denied payments or canceled accounts associated with people and organizations—such as former ambassador Sam Brownback, the Arkansas Family Council, Defense of Liberty, and retired general Michael Flynn, Jr—for holding mainstream American views.
That was Nebraska State Treasurer John Murante, one of many in state governments delegated as flyover country pushing back against the Left’s use of the banking system to undermine political opponents. And yes, banks are owned by people, not the government (at least on paper), but because of what they do, state and federal regulations were developed to prevent this sort of abuse. Rules that were applauded by many of the same people now are using ESG and CEI to reject loans or refuse services based on an ideological profile.
I don’t have high hopes for resolutions presented at stockholders’ meetings, with or without teeth. Still, the SEC’s tolerance for them is surprising, and I applaud ADF’s mission to shine another light on corporate progressive appeasement tactics peddled as diversity or equity initiatives when they result in systemic discrimination and inequity.
ADF Business-Index
