Letter
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Exclusive — 1792 Exchange CEO Doug Napier: Companies Must Stop Using SPLC’s ‘Hate List as a Filter’
Read More: Exclusive — 1792 Exchange CEO Doug Napier: Companies Must Stop Using SPLC’s ‘Hate List as a Filter’Napier told host Mike Slater that 1792 Exchange “was formed to go after corporate behavior” and is “the leading supplier of actionable data on corporate bias,” saying the group works to get corporations “back to neutral,” “back to business,” and focused on “shareholder value, customer service, and treating their employees well.” The interview turned to…
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Getting Back to Business: The Buttonwood Agreement on the Eve of America’s 250th Birthday
Read More: Getting Back to Business: The Buttonwood Agreement on the Eve of America’s 250th BirthdayThis week marks the anniversary of one of the most consequential yet least celebrated moments in American economic history. On May 17, 1792, 24 merchants, brokers, and auctioneers gathered at 68 Wall Street in New York and signed a concise, two-sentence agreement under a buttonwood tree. In plain language, they pledged to trade public stocks…
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ESG distracts from public companies’ real purpose
Read More: ESG distracts from public companies’ real purposeThe era of environmental, social and governance virtue-signaling has run its misguided course. What was initially presented as a framework for managing risk and opportunity has now too often become a vehicle for advancing partisan ideological objectives throughout corporate America. Instead of prioritizing shareholder returns and customer service, many companies have been pressured to pursue…
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The HRC Scorecard Retreat Is Progress, but Corporations Must Stop Funding Harm to Children
Read More: The HRC Scorecard Retreat Is Progress, but Corporations Must Stop Funding Harm to ChildrenFortune 500 companies have begun distancing themselves at an accelerating rate from the Human Rights Campaign’s Corporate Equality Index (CEI). We at 1792 Exchange applaud every business choosing free enterprise over activism, merit over discrimination, neutrality over ideology. Tractor Supply, Harley-Davidson, Lowe’s, Walmart, McDonald’s, and Target are among those moving back towards neutrality. This is…
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How the SPLC’s Biased ‘Hate Map’ Has Quietly Influenced Billions of Dollars in Corporate Giving
Read More: How the SPLC’s Biased ‘Hate Map’ Has Quietly Influenced Billions of Dollars in Corporate GivingBut the group has also had a lesser-known influence on billions of dollars in corporate giving, thanks to its biased “hate map,” according to the 1792 Exchange, a nonprofit dedicated to preserving freedom and bringing ideological balance back to public corporations. An investigation by the 1792 Exchange found that Benevity, a major corporate charitable giving…
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2 Major Companies Bankrolling SPLC Will Cut Off Grants After DOJ Indictment
Read More: 2 Major Companies Bankrolling SPLC Will Cut Off Grants After DOJ Indictment“Corporate donations to the Southern Poverty Law Center underscore the need for companies to ensure they are not inadvertently supporting extremism,” Dustin DeVito, director of research at 1792 Exchange, told The Daily Signal in a statement Friday. “Companies that outsource charitable giving programs to providers like Benevity should also verify that those platforms are not…
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The SPLC Does Not Define Hate Groups — Corporate America Shouldn’t Act Like It Does
Read More: The SPLC Does Not Define Hate Groups — Corporate America Shouldn’t Act Like It DoesThere’s more movement to be had. 1792 Exchange has identified over 200 major companies that likely use the SPLC’s “hate list” to vet charitable recipients. Charitable providers like Benevity, which process billions in employee donations annually, use SPLC data to screen nonprofit recipients. As more and more companies back away from the SPLC, now is the moment…
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IBM’s $17 million DEI settlement is a wakeup call for federal contractors
Read More: IBM’s $17 million DEI settlement is a wakeup call for federal contractorsThe Department of Justice this month announced that IBM has agreed to pay the federal government more than $17 million to resolve allegations that the company engaged in illegal diversity, equity, and inclusion practices while performing billions of dollars in government contracts. The settlement marks the first resolution under the Justice Department’s Civil Rights Fraud Initiative. It sends an unmistakable message:…
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250 Major Companies Still Use SPLC to Screen Donations, Despite KKK Funding Scandal
Read More: 250 Major Companies Still Use SPLC to Screen Donations, Despite KKK Funding Scandal“Benevity’s denial that it defaults to the SPLC filter is hard to square with its own history,” Greg Scott, executive vice president at 1792 Exchange, told The Daily Signal in response to the Benevity statement. “Former CEO Kelly Schmitt bragged about its use of the ‘hate list’ as recently as 2021.” Schmitt delivered a PowerPoint…