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Disney Board Wants To Hide Political Donations, Spending On Sex Changes From Shareholders, Docs Reveal

The Walt Disney Company board wants to hide key financial data from the public, particularly as it relates to their funding of the transgender movement and donations to political candidates, documents reviewed by the Daily Caller reveal.

The 2024 proxy vote ballot for Disney’s annual shareholder meeting, scheduled for April 2, reveals the board doesn’t want the public, or even their own shareholders, to know how much Disney spends on “gender transition compensation and benefits” for its staff. Despite the board’s suggested vote to shareholders, the National Legal and Policy Center (NLPC) and National Center for Public Policy Research (NCPPR) are urging the company to release the data.

In Disney’s 2024 “Notice of Annual Meeting of Shareholders and Proxy Statement,” Disney details how the NLPC and NCPPR notified the company that they intend to present proposals focused on these issues. Within the same document, Disney “affirms” that people who suffer from gender dysphoria can “transition to a different sex.” However, “an increasing body of scientific evidence shows no benefits result from such medical treatments,” the NLPC argues. They go on to cite the European and American medical community’s “increasing” caution about gender-transition “therapies.”

“Victims report transition treatments and surgeries are harmful. Examples include long-lasting or permanent outcomes like chronic pain, sexual dysfunction, unwanted hair loss or hair gain, menstrual irregularities, urinary problems, and other complications,” the statement continues. “Rather than resolve health problems ‘gender affirming’ therapies instead often exacerbate them. In such instances, those who desire to ‘detransition’ cannot find medical care or insurance coverage, and are permanently mutilated. Many of these sufferers litigate against those who misled or harmed them.”

But as transitioners are de-transitioners are protected under “gender identity” and “sexual orientation” aspects of the Equal Employment Opportunity Commission (EEOC), they cannot be discriminated against in any way, resulting in Disney covering transition procedures.

Shareholders have asked the board to issue a report on Disney’s funding of gender care and related activities by Dec. 31, 2024, and whether there are any “benefit gaps” related to gender dysphoria, as well as “associated reputational, competitive, operational and litigative risks.”

Similarly, Disney doesn’t want shareholders to approve the publication of the company’s charitable and political donations. The board recommends a vote against “requesting a report on political expenditures” and “publication of recipients of charitable contributions.”

In their recommendation, NCPPR argued that there are “issues” with donating to certain groups who support sex-change surgeries, not just for the potential legal and medical issues listed above, but because is it “time Disney stop injecting itself into controversial and significant social policy issues,” the proposal stated.

Disney’s board ignores all the arguments and scientific evidence laid out by the NCPPR and NLPC in their explanation for why they’re recommending voting “against” the proposals. “We believe the proposal is an attempt to generate attention from a proponent with a narrow focus seeking to advance a limited agenda rather than an authentic attempt to call for action in the best interest of the Company and shareholders,” Disney wrote in response to the proposals.

The board also ignored any mention of “gender” in their request for shareholders to reject the proposal to publicize Disney’s charitable donation, and instead stated the company is already transparent enough about their spending.

“In its opposition statement Disney revealed why our proposal is so important, and how badly it has failed to fulfill its fiduciary duties. Disney clearly hasn’t spent a single moment considering how much Iger and his team have harmed the company by going full-in on politics instead of running the company for shareholder and even genuine stakeholder benefit. Iger has hired people like Kathleen Kennedy who hate Disney’s customers and want to shove their politics down audiences’ throats rather than entertaining them,” NCPPR director Scott Shepard said in a statement to the Daily Caller. “Iger seems to think that by adopting a partisan position he makes it non-partisan and just ‘the right thing to do.’ He is wrong in this, of course, as he’s wrong in just about every decision he’s made for many years.”

Disney has found itself increasingly mired in political squabbles in recent years, most notably with Republican Florida Gov. Ron DeSantis, who has gone after the megacorporation’s special tax status. Conservatives have accused Disney of shoehorning progressive messaging into its content and pursuing a political agenda over putting out quality family content.

Disney did not respond to the Daily Caller’s request for comment.

AUTHOR

KAY SMYTHE

News and commentary writer.

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