At Starbucks' annual meeting, the company faced a shareholder proposal from the Heritage Foundation via its Free Enterprise Initiative over its reliance on the Southern Poverty Law Center in vetting charities. Stefan Padfield presented for Heritage, urging the company to drop this biased, discredited data source as part of its responsibility to fiduciary duty and political neutrality.

"Given that relying on the SPLC’s Hate List is a business decision that must be fully informed in order to satisfy applicable fiduciary duties, shareholders can seemingly only conclude that Starbucks is aware of how biased the Hate List is, and either simply doesn’t care or actually supports that bias."

Learn more about Heritage's Free Enterprise Initiative here.

At Starbucks' annual meeting, the company faced a shareholder proposal from the Heritage Foundation via its Free Enterprise Initiative over its reliance on the Southern Poverty Law Center in vetting charities. Stefan Padfield presented for Heritage, urging the company to drop this biased, discredited data source as part of its responsibility to fiduciary duty and political neutrality.
"Given that relying on the SPLC&rsquo;s Hate List is a business decision that must be fully informed in order to satisfy applicable fiduciary duties, shareholders can seemingly only conclude that Starbucks is aware of how biased the Hate List is, and either simply doesn&rsquo;t care or actually supports that bias."
Learn more about Heritage's Free Enterprise Initiative <a href="https://www.heritage.org/free-enterprise-initiative">here</a>.

Meeting of Minds brings together the top minds in history, theology, finance, economics, language, mathematics and science. Host Jerry Bowyer invites guests to be both intelligent and clear and to follow truth wherever it leads.

Meeting of Minds brings together the top minds in history, theology, finance, economics, language, mathematics and science. Host Jerry Bowyer invites guests to be both intelligent and clear and to follow truth wherever it leads.

Meeting of Minds Podcast

I talk to the smartest people in the world about the wisest people who have ever lived, and I ask them not to dumb it down and not to follow any party line.

I talk to the smartest people in the world about the wisest people who have ever lived, and I ask them not to dumb it down and not to follow any party line.

Meeting of Minds

The Heritage Foundation: Starbucks, Drop the SPLC's Lies

https://api.omny.fm/orgs/5e27a451-e6e6-4c51-aa03-a7370003783c/clips/f4ce98b2-57a7-4564-83dd-b44a00d0618b/transcript