VideoErb Institute

CPRT Mini-Workshop: Managing Political Spending Risk in the 2024 US Election

Video 1 of 1

 

With the tumultuous events of the 2024 US election season, companies are reviewing a wider range of risk scenarios — from political violence to election interference, conflicting stakeholder pressures, regulatory uncertainty, and the politicization of strategic business issues. These challenges are unlikely to abate completely after the election.

In this hyper-politicized environment, proactive risk management is all the more important. One major area of risk management is whether companies’ political spending aligns with their public statements and commitments, exposes the firm to political pressure, or has broader impacts on the systems and institutions that are foundational to the business. Managing these risks is not a trivial exercise; it involves complex decisions, tradeoffs, and judgment calls.

To help companies take a consistent, principled approach, the CPR Taskforce has been hosting a series of mini-workshops on Corporate Political Responsibility and Election Readiness 2024. First, we explored How to Conduct a Political Risk Assessment, and then High-stakes Decisions in a Polarized World, Using our New CPR Decision Tool.

The session was led by Elizabeth Doty, Director of the Erb Institute’s Corporate Political Responsibility Taskforce, and will feature three distinguished guests: 

The CPRT is strictly non-partisan and does not advocate, promote, or support any political party or candidate. While members and partners may express their views freely, we do not endorse or advocate particular policies or legislation but may provide thought processes for evaluating proposals based on CPR principles.   

More Resources

Sort by type
321 – 324 of 324 results showing
ReportAccountAbility, UN Global Compact

This guide provides a framework for companies and NGO's to use to determine whether their lobbying practices are responsible.

View Details
BookBerrett Koehler

The book opens by establishing the minimum expectation that businesses support the right rules of the game—those rewarding long-term value creation rather than destruction—and shows how companies can live their values through cross-sector collaboration, eco-efficiency, and strategies advancing prosperity, planet, and people, supported by real-world cases.

View Details
ArticleMIT Sloan

Presents a framework for when companies should present forceful or tempered political positions based on their publicly stated values and materiality.

View Details
Website

The Long-Term Stock Exchange (LTSE) listing standards include expectations that companies will take responsibility for long-term decision-making across strategy, governance, executive compensation, stakeholder engagement, and investor relations. These standards are designed to help businesses build sustainable value over time for all stakeholders, rather than focusing on short-term gains, allowing investors to better assess long-term capital investments.

 

View Details
Share.

Do you have a resource to recommend for The CPR Hub? Please reach out and we will review it for future updates!

Receive Updates from The CPR Hub

Learn about new tools, insights and events to help you consider how CPR can help your company, clients or members.

Stay in the loop.