1792 Exchange CEO Daniel Cameron warns corporate America: Don’t become vehicles for radical activism
“1792 Exchange is here to help shift corporations back to neutral and avoid divisive positions commandeered by the Corporate Equality Index.” Cameron tells CEOs.
Press Release:
JDA Worldwide for 1792 Exchange
June 12, 2024
DAYTON, OH — 1792 Exchange CEO Daniel Cameron is warning America’s largest, most profitable companies against continuing radical political activism.
In a letter to the business leaders of more than 250 of the Fortune 1000, Cameron slammed the use of the Corporate Equality Index, an extreme social credit scoring system sponsored by the Human Rights Campaign (HRC).
“Bullying major businesses into advancing far-left interests and identity-based policies is fundamentally wrong,”said Cameron. “Plain and simple: corporations should not be vehicles for radical activism. 1792 Exchange is here to help shift corporations back to neutral and avoid divisive positions commandeered by the Corporate Equality Index.”
The Index pressures companies to put polarizing political agendas ahead of shareholder interests and delivering high-quality products. To earn a high score, companies must mandate radical gender ideology, push social-justice marketing campaigns or partnerships, and advocate for partisan policy preferences, among other things. The Index even scrutinizes businesses that do not conform to these unrealistic practices or fail to further their irresponsible activist agenda.
Cameron’s letter sounds the alarm about the risks of participating in the Index, citing several high-profile examples of companies that put progressive interests ahead of core customers and endured severe financial and legal consequences as a result.
“It’s time to get businesses back to business,” Cameron concludes in his letter. “1792 Exchange firmly believes that prioritizing shareholder interests and delivering quality products and services best paves the way for your success and the American economy. “
Each of the public companies receiving the letter previously had a perfect score on HRC’s index, including Walmart, JPMorgan Chase, Bank of America, CVS, Boeing, PayPal, Hyatt Hotels, Estee Lauder, and Coca Cola.
To read Daniel Cameron’s full letter, click here.
1792 Exchange is a 501(c)(3), educational, non-profit organization whose mission is to preserve freedom by steering public companies back to neutral on ideological issues. They create Spotlight Bias Reports, policies and resources that expose coercion and corporate bias. They protect First Amendment freedoms and ensure all viewpoints have a seat at the table. They help corporate board members and executives maximize shareholder value, respect stakeholders, return to cultural neutrality, and serve customers with excellence and integrity. They also educate Congress, other leaders and the American people about the dangers of stakeholder capitalism to safeguard Free Exercise, Free Speech and Free Enterprise.