At American Express' annual meeting of shareholders, the company faced a shareholder proposal from Inspire Investing over its perfect score on the Human Rights Campaign's Corporate Equality Index, one of the primary corporate activist rating systems for LGBTQ+ issues.
Presenting at that meeting, along with Inspire's director of corporate engagement Tim Schwarzenberger, was Soren Aldaco, a detransitioner (someone who undergoes gender transition surgery and later regrets it). Aldaco talked to the company about the risks and ramifications of covering gender transition surgery in its healthcare, particularly for children as it appears that Amex does. This was a powerful example of the real human consequences of corporate policies that aid or adopt radical, activist social agendas - and why the corporate move away from such policies and back to sanity cannot come quickly enough.
Learn more about Inspire at inspireinvesting.com, and watch Soren's video here.
Follow Tim at: https://www.linkedin.com/in/timschwarzenbergercfa/.

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