Christian investors ask major retailers not to sell abortion pills, citing adverse side effects
Inspire Investing manages $3 billion of assets, including GuideStone, the investment arm of Southern Baptist churches.
Hundreds of Christian investors have signed letters to major U.S. retailers, including Costco, Walmart, Kroger, McKesson, and Albertsons, urging them not to sell the chemical abortion drug mifepristone after the federal government loosened standards to allow the controversial drug to be sold at retail pharmacies nationwide, according to numerous published reports.
The religious coalition, led by Inspire Investing, owns about $172 million in shares of the five companies. Inspire Investing manages $3 billion of assets, including GuideStone, the investment arm of Southern Baptist churches, and the American Family Association.
Mifepristone is the first drug in the chemical abortion pill regimen and has led to 32 deaths, 4,218 adverse events, 1,049 hospitalizations, 604 blood loss incidents requiring transfusions, 418 infections, and 75 severe infections from 2000 to 2022, according to letters from the religious coalition to the retailers.