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A New Pope is Elected—Just as Business Leaders Embrace Faith in the Workplace, Signaling a Global Shift

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The Dave Alexander Center for Social Capital's latest feature explores how respecting employees' spiritual beliefs is the new safe space for diversity and inclusion.

SCOTTSDALE, Ariz. - s4story -- The election of Pope Leo XIV marks a pivotal moment for faith and leadership worldwide, coinciding with a growing trend among business leaders to integrate faith into workplace culture. Our latest feature Who's Keeping the Faith at Work? dives deeper into this growing movement, exploring how today's top executives are leading the charge.

Companies across the United States and beyond are embracing religious expression as an integral part of diversity and inclusion, recognizing the role it plays in fostering stronger workplace communities.

This shift aligns with Pope Leo XIV's commitment to social capital principles, echoing the legacy of Pope Leo XIII, who advocated for ethical leadership and the dignity of workers. As business executives like Julie Sweet (Accenture), Stephan Jacob (Cotopaxi), Alex Chriss (PayPal), Rich Templeton and Haviv Ilan (Texas Instruments), and John Goodbrake (Master's Transportation) lead the charge for faith-friendly workplaces, a powerful transformation is taking shape across industries.

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Faith on the Rise in Corporate America

According to the latest findings from the Religious Freedom & Business Foundation, over 85% of Fortune 500 companies now acknowledge and incorporate religion as part of their diversity programs—an astounding 40% increase from the previous year. In addition, faith-based employee resource groups (ERGs) are rapidly growing, with 62 companies actively supporting them.

Brian Grim, Ph.D., founder of the Religious Freedom & Business Foundation, has been documenting this shift, noting that businesses recognize the value of allowing employees to bring their full identities—including their faith—to work. "The economic value and social benefits of religious diversity and liberty for all are tremendous," Grim says.

The rise of faith-friendly workplace initiatives isn't just an American phenomenon. Across the pond, FTSE 100 companies in England have doubled the number of formal mechanisms supporting employees' religious beliefs.

The Business Case for Faith-Based Inclusion

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Organizations that prioritize respect for employees' spiritual beliefs see measurable benefits, including:
  • Higher employee engagement and retention – Workers feel valued when their beliefs are respected.
  • Stronger company culture – Diversity in faith fosters mutual understanding and unity.
  • Enhanced innovation and collaboration – Employees who feel free to be themselves contribute more meaningfully.
  • Improved brand reputation – Companies with inclusive policies attract top talent and customer trust.
About the Dave Alexander Center for Social Capital

The Dave Alexander Center for Social Capital is dedicated to advancing people-driven leadership, fostering environments where diversity, inclusion, and human values thrive.

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Source: The Center for Social Capital llc
Filed Under: Business

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