Caterpillar’s DEI Metamorphosis Evolves After National Center Proposal
Originally published June 10, 2025
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Berkeley Study Finds No Financial Upside to Maintaining DEI
September 21, 2026A new Berkeley study, Markets Do Not Punish Firms for Maintaining DEI, examines whether S&P 500 companies that maintained diversity, equity, and inclusion programs after the Trump administration’s January 2025 DEI executive order suffered financially compared with companies that rolled them back. The authors conclude that companies maintaining DEI performed “just as well” in stock-market returns and revenue, arguing that businesses can resist federal pressure on DEI without suffering significant financial consequences. But the inverse is equally important for corporate leaders: companies that rolled back DEI also performed just as well. The study found no statistically significant stock-market or revenue advantage from maintaining DEI across its various measures of corporate commitment. That finding is notable given longstanding claims that DEI improves financial performance. If particular DEI practices create shareholder value, companies should be able to identify which DEI practices increase shareholder value and at what point benefits begin to diminish. The study also captures only part of the risk environment. Its revenue analysis extends through July 2025, before several major federal enforcement actions involving allegedly discriminatory employment practices. IBM, Deloitte, and Accenture have since agreed to settlements totaling more than $63 million, while Nike has faced separate EEOC scrutiny. The Berkeley …
HRC’s Bias in Political Endorsements
September 21, 2026Partnering with the Human Rights Campaign carries real partisan-alignment risk: its advocacy tracks the Democratic Party platform, and its endorsement record proves it. 1792 Exchange compiled every candidate the HRC endorsed from 2010 through 2026: 1,386 endorsements, every one a Democrat. Search the full record below. All partiesDemocratRepublican All years2026 (61)2025 (4)2024 (19)2023 (55)2022 (777)2021 (26)2020 (241)2019 (2)2018 (158)2017 (16)2016 (10)2015 (1)2014 (7)2013 (4)2012 (1)2011 (3)2010 (1) Sort: Date, newest firstSort: Date, oldest firstSort: Candidate, A to ZSort: Candidate, Z to A 0 shown of 0 matching · 1386 total endorsements Candidate Party Date Source Neil Abercrombie Democrat Jul 22, 2010 HRC release ↗ Tammy Baldwin Democrat Sep 6, 2011 HRC release ↗ Mark Pocan Democrat Oct 4, 2011 HRC release ↗ Liz Mathis Win Democrat Nov 8, 2011 HRC release ↗ Ken Britt Democrat Jun 6, 2012 HRC release ↗ Christine Quinn Democrat Feb 1, 2013 HRC release ↗ Annise Parker Democrat Mar 18, 2013 HRC release ↗ Ed Markey Democrat May 20, 2013 HRC release ↗ Carl Sciortino Democrat Jul 11, 2013 HRC release ↗ Pat Murphy Democrat Apr 3, 2014 HRC release ↗ Scott Peters Democrat Apr 8, 2014 HRC release ↗ Mike Honda Democrat Apr 30, 2014 …
Shareholders Challenge Nike over support for transgender surgeries on minors
September 17, 2026At Nike’s annual shareholder meeting this month, Christian and conservative investors put the company’s relationship with the Human Rights Campaign (HRC) directly on the record. The HRC’s Corporate Equality Index is a voluntary survey that companies can participate in to have their gender-ideology workplace policies scored. To earn the CEI 100 designation, companies must cover sex-denying procedures for minor dependents under their employee health plans. Nike has scored 100 three years running. Inspire says Walmart told the group its plan doesn’t cover transgender surgeries for children. Walmart’s 2026 benefits book says gender reassignment surgery “is not considered medically necessary for individuals under the age of 18.” Inspire also says Charles Schwab told the group that it no longer covers such surgeries for children. Another conservative group, 1792 Exchange, wrote to 568 companies in June asking them to exclude transgender drugs and surgeries for children from employee health plans. Some companies have also decoupled from HRC. The full article can be found in Heartlander News.