Inspire Investing, LLC, along with over 100 investors and financial professionals managing over $250 billion in assets, has urged JPMorgan Chase & Co. shareholders to vote in favor of Proposal 11. This proposal calls for a report on the company's impact on workforce civil liberties, particularly concerning Diversity, Equity, and Inclusion (DEI) initiatives. The group argues that DEI programs, which cost U.S. companies around $8 billion annually, have been divisive and counterproductive, citing various sources including a survey by Alliance Defending Freedom and a UK government report. They contend that these initiatives pose legal, regulatory, and financial risks by alienating employees and potentially leading to discrimination based on race, sex, religion, and political views. The proposal aims to increase transparency and assess the risks associated with the company's policies and practices on its employees and business operations.

Inspire Investing, LLC, along with over 100 investors and financial professionals managing over $250 billion in assets, has urged JPMorgan Chase & Co. shareholders to vote in favor of Proposal 11. This proposal calls for a report on the company's impact on workforce civil liberties, particularly concerning Diversity, Equity, and Inclusion (DEI) initiatives. The group argues that DEI programs, which cost U.S. companies around $8 billion annually, have been divisive and counterproductive, citing various sources including a survey by Alliance Defending Freedom and a UK government report. They contend that these initiatives pose legal, regulatory, and financial risks by alienating employees and potentially leading to discrimination based on race, sex, religion, and political views. The proposal aims to increase transparency and assess the risks associated with the company's policies and practices on its employees and business operations.