Parshall Partners

Corporate Values

         The right biblical perspective on money is that we are mere stewards of the resources the Lord has provided to us. In that capacity, we are compelled to honor Him with all of our financial decisions.

         Knowing the values of a corporation should be instructive to us as to where we spend our money. When a large company makes a clear declaration on a particular social issue that stands in opposition to Scripture, we can no longer plead ignorance on where they stand or where we will spend our money.

         As revealed in an authenticated leaked memo from the U.S. Supreme Court, it appears the issue of abortion is about to be sent back to the states. As of today, 26 states are certain or likely to ban abortion should that happen.

         California and New York are taking a different approach. Governor Newsome in California is pledging 57 million dollars for out-of-state abortion seekers and New York is expanding abortion laws as well as encouraging aggressive fund-raising by pro-abortion groups. But it isn’t just state governments that are weighing into the fray, major corporations are now declaring where they stand on the issue.

         In a letter sent to their employees, Starbucks stated those enrolled in the company's health care insurance plan will be reimbursed "for eligible travel expenses when accessing abortion or gender-affirming procedures" if the services are beyond 100 miles of their home. An executive with the company stated:

"Regardless of what the Supreme Court ends up deciding, we will always ensure our partners have access to quality healthcare and when actions impact your access to healthcare, we will work on a way to make sure you feel supported."

         Last week, Microsoft Corporation stated it will "continue to do everything we can under the law to protect our employees’ rights and support employees and their enrolled dependents in accessing critical healthcare" regardless of where they live. 

         The corporation said:

"This support is being extended to include travel expense assistance for these and other medical services where access to care is limited in availability in an employee’s home geographic region.”

         Airbnb said that its "healthcare coverage supports reproductive rights and we will work to make sure our employees have the resources they need to make choices about their reproductive rights, as we committed to last fall."

         Elon Musk’s company, Tesla, made the announcement regarding the expansion of their health insurance offerings that coverage would include "travel and lodging support for those who may need to seek healthcare services that are unavailable in their home state." 

         Citigroup announced that it will "provide travel benefits to facilitate access to adequate resources" due to "changes in reproductive healthcare laws in certain states in the U.S.” Yelp also announced an expansion of its health insurance coverage to support consistent access to abortion across its distributed workforce.

         Unfortunately, the list of corporations jumping on this controversial bandwagon will continue to grow. But as each business makes their position clear in supporting abortion-on-demand, you and I, as financial stewards will need to make wise, discerning, and God-honoring decisions about where we invest our money. But for now, you can’t say you ‘ain’t been told’.

         Those are my thoughts. I’m Janet Parshall.