Corporate America and Roe V Wade

(Provided by Yale School of Management Chief Executive Leadership Institute)

In listening to CNBC financial news, I have been hearing more and more about companies that are offering travel benefits to women who opt to go to another state so that they can fulfill their abortion plans.  Also, I have heard questions posed to corporate management representatives asking why they are not joining the fray and stating their position and/or supporting employees with regard to the   recent overturn of Roe v Wade by the Supreme Court.  Pressure – whether self-imposed or by the media – is forcing corporate America to state publicly where they stand on issues such as abortion, gun control, police brutality, immigration, etc.    One of the guidelines now for selecting a financial investment is an ESG rating (Environmental, Social, Governance).  Gone are the days when we bought something or invested in something and had no idea what the CEO and Board of Directors thought.  Over the years we have probably all taken a stand on a particular company or product and boycotted purchases for a personal reason. 

With this in mind, here is a snapshot of companies that currently do provide travel benefits for employees seeking abortions (or in some cases other medical treatment) not offered in their state.   This information may offer an opportunity to think twice before purchasing from these commercial icons.  I would be hypocritical to say I denounce Amazon while I use them for everything, including purchasing diapers for a local pregnancy center but I do not need to buy a SONY brand television, or visit a CVS Pharmacy or get pulled into the middle of the ferocious cyclone known as Disney.  Public and private companies can do what they want as long as their board and investors agree.  And we their customers can take the time to evaluate where best to spend our dollars as it relates to our core beliefs.

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