Anti-ESG Fund Makes Unlinking of CEO Pay and DEI a Priority

Schwab and Walmart get it right on not covering “gender transitions” for minors

Consider the millions of working parents who show up every day at their jobs, work hard to support their families and pay into their company’s healthcare plans. They trust that their premiums will fund genuine medical care, not repeat one of medicine’s darkest mistakes. In our not-so-distant past, frontal lobotomies were performed to “treat” psychiatric conditions — despite limited evidence of effectiveness. The operations had devastating long-term effects and no proven medical benefit. It was not long before the world realized what a serious mistake was being committed and put a stop to this abusive “treatment.” Today’s unproven “gender-affirming” interventions on minors use surgery, hormones and puberty blockers to address a mental health condition with similarly irreversible consequences: permanent sterilization, the removal of healthy organs and lifelong physical and emotional damage. No responsible modern healthcare plan would cover frontal lobotomies, yet many quietly fund these experimental sex-denying procedures on children. Let us not repeat that shameful history on our gender-dysphoric youths. This is not healthcare. These are not medically necessary procedures. These are not minor adjustments or reversible treatments. They are costly, permanently damaging experiments on our children, who lack the maturity and legal capacity to count the cost of …

Red Flag Case Studies Highlight Corporations Putting Shareholder Value at Risk

What are some of the red flags we focus on? Certainly, stock price performance matters a great deal because, among other things, it can alert shareholders and others to a corporation that is in the process of embodying “go woke, go broke.” For example, as of July 9, 2026, has apparently underperformed the S&P 500 the past five years, three years, year, and year-to-date, to the tune of roughly 115 percentage points combined. (On the other hand, it is important to note that outperforming an index like the S&P 500 doesn’t necessarily guarantee all is well because a corporation could still be leaving profit on the table pursuing non-pecuniary and politicized agendas.) Another source of “red flag” information we rely on is the 1792 Exchange’s Corporate Bias Ratings and Board Bias Report. In the case of Disney, we get a “high risk” rating, including for concerns related to the promotion of radical gender ideology as well as wasteful and destructive climate commitments. The full article can be found in Daily Signal.

1792 Exchange applauds the meaningful progress at Charles Schwab

Inspire Investing deserves strong credit for years of dedicated corporate engagement and a broader commitment to policies that advance human dignity, viewpoint diversity, and long-term shareholder value. Inspire began engaging Schwab in 2023, constructively raising key issues around political neutrality, employee benefits, and workplace culture. Their persistence helped bring these matters forward and supported productive, ongoing dialogue with the company. We especially commend Charles Schwab for their action to stop covering medical gender interventions for minors and to exit the Human Rights Campaign’s Corporate Equality Index. The company confirmed to Inspire that its current self-insured health plan, as well as third-party administered plans available to employees, no longer cover gender-transition surgeries or pharmaceutical treatments for minors. Schwab has also ceased participation in the HRC’s index. These steps reflect strong leadership in refocusing on core business priorities rather than ideological agendas. The company further clarified that religious organizations remain eligible for its employee gift-matching program. Based on these developments, Inspire withdrew its shareholder proposal. Schwab is to be applauded as only the second major company we know to publicly taking this step to protect minors (after Walmart). We know other companies have taken or are considering taking similar action, and we encourage …

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Ford’s DEI Programs Face Shareholder Scrutiny