WebsiteWorld Benchmarking Alliance

Social Transformation Framework: Responsible Lobbying & Political Engagement

2021

https://assets.worldbenchmarkingalliance.org/app/uploads/2021/02/WBA-Social-Transformation-Framework-FINAL.pdf

This framework is developed through a multi-stakeholder process and designed to gauge company progress against the UN Sustainable Development Goals. It provides succinct definitions for various core social indicators (CSIs), as well as a rubric to gauge company performance regarding these indicators. CSI 18 is their standard for responsible lobbying and political engagement, drawing from the Transparency International principles.

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ReportThe Conference Board

Avoiding the Tragedy of the Commons

2023

This report addresses the impact of increased political polarization and decreased trust in government, which has resulted in policy differences that affect long-term business planning. To take initiative, companies should rethink their approach to PAC giving and lobbying to support bipartisanship, systemic change, and a positive social impact.

ArticleBCG Henderson Institute

Breaking the Vicious Cycle of Corporate Entanglement

Martinez, et al, 2023

This note acknowledges the increased pressure on business to engage in politics and counsels corporate restraint.

ReportBusiness for America

Business Perspectives on Political Backlash

2023

To better understand how businesses are navigating this toxic political environment, Business for America (BFA) surveyed more than 50 business leaders across the country and across sectors, from Fortune 500 company executives to small business owners. This report shares the results of that survey and provides key take-aways for business leaders.

ReportClimate Governance Initiative

Corporate climate policy engagement: A briefing for board directors

2023

Conducting corporate climate policy engagement positively and appropriately is critical to creating the conditions that will enable a company to achieve its net zero transition. This briefing, produced by the Climate Governance Initiative in collaboration with the global think tank InfluenceMap, highlights the key issues that board directors should be aware of.

BookErb Corporate Political Responsibility Taskforce

Corporate Political Responsibility

Tom P. Lyon, 2023

An overview of the need for CPR and how the Erb Institute’s Corporate Political Responsibility Taskforce supports companies in aligning their approaches to political influence with their commitments to purpose, values, sustainability and stakeholders, while contributing to rebuilding trust in US civic institutions.

ArticleProMarket

Corporate Political Responsibility in a Captured Economy

Claudine Schneider and Ed Dolan, 2023

This article argues that corporate governance need to take account of a company's political responsibility and that the Erb Principles provide a helpful framework for doing so.

ArticleFortune

Corporations were never supposed to write the rules

Maureen Kline, 2023

This article argues that "corporations were never supposed to write the rules of the game. Now they need to help make them better for capitalism to survive."

WebsiteHarvard Law School Forum on Corporate Governance

CPA’s Guide to Corporate Political Spending: A Practical Guide for Management

Bruce F. Freed, Jeanne Hanna, Karl J. Sandstrom, Center for Political Accountability, 2023

This post summarizes the Center for Political Accountability’s Guide to Corporate Political Spending, which provides best practices for implementing the CPA-Zicklin Model Code. The Model Code identifies a company’s broader societal and democracy obligations and responsibilities that should govern its political spending decisions. This new Guide spells out what concrete steps and actions management should follow as it makes spending decisions and evaluates the accompanying risks.

ToolDebevoise & Plimpton

ESG Investigations Tracker

2023

This is a tracker of the latest federal and state-level investigations in the U.S. into ESG practices and initiatives.

WebsiteIGC Institute

Executive Guide to Navigating Our Complex Political, Social and Economic Environment

2023

This guide provides a good overview of how the current environment developed for companies and some tips that business leaders can use to navigate through the conflicting pressures.

ReportHarvard Law School Forum on Corporate Governance

Financial Implications of Rising Political Risk in the US

Stephen Davis, 2023

This report explores the financial impacts of growing political instability in the U.S., emphasizing how shifts in policy and governance affect corporate decision-making, risk assessment, and long-term value. It outlines the importance of aligning business strategies with evolving political landscapes to protect financial interests.

ReportThe Heritage Foundation

Free Enterprise and the Common Good: Economic Science and Political Economy

Richard Reinsch, 2023

This report argues free enterprise supports both individual prosperity and societal well-being, advocating for competitive markets over government intervention to ensure long-term economic growth.

ToolClimate-lobbying.com

Global Standards on Responsible Climate Lobbying

2023

This framework guides companies to align lobbying with climate goals, focusing on transparent reporting, board oversight, and annual reviews to support efforts to limit global temperature rise to 1.5°C.

ReportGreenwash Action Lab

Greenwashing 3.0: Why addressing greenwashing remains as important as ever

2023

This report outlines how corporate greenwashing tactics have become more sophisticated, shifting from exaggerated claims to subtler misrepresentations and legal obfuscation. It highlights emerging regulatory gaps, critiques industry self-regulation, and calls for more robust public accountability frameworks to ensure environmental claims align with actual business practices.

ArticleHarvard Business Review

How and when should companies engage in the political process

Ed Dolan, 2023

This article explores the need for companies to think about political responsibility, not just social responsibility.

ArticleNetwork for Business Sustainability

How Can Companies Use their Political Influence Responsibly?

Tom Lyon & Elizabeth Doty, 2023

This article summarizes the rationale for corporate political responsibility and explains the four Erb Principles, which are an actionable, non-partisan template that companies can use to decide whether and how to engage in political influence.

VideoCorporate Political Responsibility Taskforce

How CPR Could Help Strengthen Trust in Civic Institutions

2023

ReportCarnegie Endowment for International Peace

How Does Business Fare Under Populism?

Rachel Kleinfeld, 2023

This paper provides a deep and detailed examination of how economies and businesses fare under leaders who purport to be both pro-business and populist. With the increase in the number of populist leaders throughout the world, this question has become increasingly pressing.

ArticleBloomberg

How to Juggle Corporate Political Activity with Stakeholder Goals

Allison Herren Lee & Ed Dolan, 2023

In this article the authors highlight how the Erb Principles for Corporate Political Responsibility identify common ground between the debate about shareholder value versus stakeholder considerations, and offer a roadmap for more responsible participation by businesses in our political system.

ReportPrinciples for Responsible Investment

PRI Reporting Framework: Policy, Governance, and Strategy

2023

Provides investors with a structured approach to responsible investment, considering investment beliefs, stewardship, fiduciary duty, governance roles, and public disclosure.

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