ADF attorney to participate on panel promoting new Statement on the Purpose of a Corporation

ADF attorney to participate on panel promoting new Statement on the Purpose of a Corporation

Panel launches coalition, statement to promote depoliticized business culture that prioritizes excellence in goods, services

Monday, Mar 24, 2025

WHO:  Alliance Defending Freedom Senior Counsel and Senior Vice President of Corporate Engagement Jeremy Tedesco; Andrew V. Abela, founding dean of the Busch School of Business and professor of marketing at The Catholic University of America; Tracy Phillips, visiting assistant professor at the Busch School of Business at The Catholic University of America; President and CEO of Axos Bank Gregory Garrabrants; Strive Asset Management Co-Founder Anson Frericks

WHAT:  Panel webinar discussing launch of Good for Business Coalition Statement on the Purpose of a Corporation

WHEN:  9 a.m. EDT, Tuesday, March 25

WHERE:   Online registration link: https://advance.catholic.edu/index.cfm/events:register/home/eventId/754

WASHINGTON – Alliance Defending Freedom Senior Counsel and Senior Vice President of Corporate Engagement Jeremy Tedesco will participate on an online panel on Tuesday at 9 a.m. EDT discussing the launch of the Good for Business Coalition Statement on the Purpose of a Corporation.

Good for Business is a coalition of business and thought leaders who desire to see corporations empowered to pursue excellence in business, shareholder value, and the common good free from activist demands. These principles advocate a strong and healthy corporate environment across the country, where innovation, talent, and the free market can thrive.

“Activists use ESG and DEI to push corporations to regulate society consistent with their radical climate and social justice agenda,” Tedesco said. “This undermines democracy by replacing elected legislatures with unaccountable corporate boards. It also hurts shareholders and alienates customers. That’s a dangerous path, and it’s time to correct course. Our statement advocates for a virtuous business culture, and that starts with businesses staying focused on their core purpose—which is producing excellent goods and services that improve people’s lives. Every business should also embrace policies and practices that respect the fundamental values that have built our nation, including speech and religious freedom.”

Read the statement and view the signatories at www.G4BCoalition.com.

Alliance Defending Freedom is an alliance-building, non-profit legal organization committed to protecting religious freedom, free speech, parental rights, and the sanctity of life.

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