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September 20, 2024

State Treasurers Stand with Inspire Investing to Keep Abortion Drugs Out of Costco, Walmart, and Other Retailers

Fourteen state treasurers and financial officers from across the nation have joined us in the campaign to urge Costco, Walmart, Kroger, Albertsons, and McKesson to stay out of the abortion drug business.

I am thrilled to share some exciting news: fourteen state treasurers and financial officers from across the nation have joined us in the campaign to urge Costco, Walmart, Kroger, Albertsons, and McKesson to stay out of the abortion drug business. This remarkable development marks a significant step forward in our ongoing effort to see business practices align with commonsense, ethical, financially prudent principles…principles which we simply refer to as “biblical.”

As the Founder and CEO of Inspire Investing, I have always believed that our financial and investment decisions should reflect the biblical vision of truth, goodness, and beauty. Our mission is to inspire transformation for God’s glory through biblically responsible investing excellence and innovation, and today’s announcement underscores how this vision is gaining traction and making a real impact.

A Collective Effort Growing Momentum

The recent press release from Alliance Defending Freedom (ADF) highlights a powerful coalition of 14 state treasurers and financial officers who have come together to support the campaign we began together. This group of esteemed leaders is now calling on these major retailers to ignore the politically motivated abortion activists like New York City Comptroller Brad Lander, who have been trying to push them to sell dangerous chemical abortion drugs to their customers.

Their involvement brings a new level of authority and influence to our efforts, reinforcing our message that, in the words of the state financial officers, “Companies do best when they provide excellent goods and services to their customers, not when they adopt divisive stances on contentious political issues.”

Why This Matters

The support from state officers is a game-changer. Their formal appeal to retailers represents a significant alignment of sound financial governance with faith-based advocacy. By working together, we are amplifying the call for a shift in corporate policies to better reflect the interests of the communities they serve.

One of the key reasons this campaign is so important is that it shows how financial leadership can drive positive change. By joining forces, we are not only making a statement but also setting a powerful example of how we can be a protective influence on corporate practices through a commitment to shared values.

The Path Forward

As we move forward with this campaign, the responses from retailers like Costco will be crucial. Our goal is to see these companies adopt practices that align with the ethical standards we believe in. The involvement of state treasurers and financial officers adds tremendous weight to our cause and increases the likelihood of achieving meaningful results.

I want to express my deep gratitude to the state treasurers who have joined this effort. Your support is invaluable and demonstrates a commitment to ensuring that business practices reflect the financial interests of their shareholders, as well as the biblical values that we in the faith-based investing movement advocate for.

For more details on this initiative and to read the full press release published by Alliance Defending Freedom, visit ADF Press Release.

This collaboration is a testament to the power of aligning financial and faith-based considerations. By working together, we are making significant strides toward a more glorious public domain that honors God and the wisdom upon which He has established this world, and that is a world full of blessing for all who live in it, no matter who they are or what they believe.

Have you joined the biblically responsible investing movement yet? What are you waiting for?

*Advisory Services are offered through CWM Advisors, LLC dba Inspire, a Registered Investment Adviser with the SEC. All expressions of opinion are subject to change. This article is distributed for educational purposes, and it is not to be construed as an offer, solicitation, recommendation, or endorsement of any particular security, products, or services. Investors should talk to their financial advisor prior to making any investment decision.

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