Investors target 38 major corporations with shareholder proposals to rid of

EXCLUSIVE: Corporate America has long claimed that progressive social activism reflects the will of customers and shareholders — but a growing group of investors is now pushing back against that idea.

A Christian investment firm that manages more than $4 billion in assets is targeting dozens of major corporations this year with shareholder proposals aimed at pressuring companies to drop what it calls “woke” agendas, return to political neutrality and focus on their core business.

“Really what we’re working to do through our engagement efforts, is really help corporations get back to a place of neutrality, to stay out of contentious social issues and really just focus on shareholder value and really adequately representing the fiduciary duty that they do to derive value for shareholders instead of bringing in all these other risks that relate to social activism, political activism,” Inspire Investing CEO Robert Netzly told Fox News Digital.

“We’re long-term investors. We’re not activists,” Inspire’s CFA Tim Schwarzenberger said. “So what we’re asking companies to do is to return to neutrality. And the purpose of these proposals is that we want companies to treat all our customers and employees fairly, and to focus on their core business and to stay out of divisive political issues that could expose the company to customer backlash, legal and financial risk.”

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The firm spoke exclusively with Fox News Digital about 38 shareholder proposals it plans to bring throughout 2026 — targeting companies among the so-called “Magnificent Seven” and other large-cap corporations on policies related to water and artificial intelligence use, off-duty speech, de-banking, diversity, equity and inclusion (DEI) programs, abortion pill access and more.

Inspire Investing is targeting a slew of major corporations in 2026, tied to DEI-related resolution topics. (Getty Images)

“We’re seeing these chickens coming home to roost. The things that we’ve been warning about and saying that these social issues, the social activism on behalf of these companies, comes with real material, financial risk for shareholders is being proven true,” Netzly said. “And as you look at the cautionary tales of Bud Light, of Disney, of Target, other companies are watching the sidelines and taking their lessons. And so as we go into these boardrooms, as we go into the shareholder meetings, as we discuss with investment relations departments, we have truth on our side.”

Critics have pointed to recent high-profile corporate controversies as examples of the financial risks that can follow divisive social activism. Disney’s live-action remake of “Snow White” reportedly lost $115…