You won't hear about this from the mainstream media. There's a group of Christian investors with $4 billion in assets that is launching a campaign to remove 'woke' agendas from some major corporations.
"We're seeing these chickens coming home to roost" said Robert Netzly, CEO of Inspire Investing, "The things that we've been warning about, these social issues and social activism on behalf of these companies, comes with real material financial risk for shareholders."
That is why they're filing shareholder resolutions against 38 major corporations.
"A message has been sent loud and clear to companies like Budweiser, Target, and all those watching on the sidelines that the American consumer is done with radical ideologies pushed in front of their faces" Netzly told Fox News.
Inspire Investing is the largest faith based ETF in the world, and they believe the time has come to strip these woke agendas.
"And really help corporations get back to a place of neutrality, and stay out of contentious social issues" noted Netzly, "Other companies are watching and taking their lessons."
It's time to focus on the shareholders.
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