VideoCorporate Political Responsibility Taskforce

Addressing Concerns about Being Too Political

Angeli Patel with the Berkeley Center for Law and Business

Video 3 of 3

 

On February 8, 2024, we spoke with Angeli Patel with the Berkeley Center for Law and Business to explore “The Business Resiliency Case for CPR.”

As businesses seek to balance shifting expectations from stakeholders ranging from investors and legal counsel to customers and employees, they’re increasingly exploring how a principled structure for political activities can help increase business resilience and sustainability. In her recent work developing more than 30 case studies on corporate sustainability, Angeli Patel has discovered three indicators of resilient businesses across industries: 1) they opt to face challenges head-on rather than wait until a moment of crisis; 2) they’re curious about and engaged with their customers, investors and employees; and 3) they bring all decisions back to long-term goals rather than immediate challenges. In this conversation, we’ll discuss how corporate political responsibility factors into sustainability and can be a tool companies use to enhance these indicators of resilience.

In this module, we explore:

  • What lessons should companies take from concerns about getting too political?
  • Are there concerns about fiduciary duty?
  • Where is the firmest ground for companies to stand?

The Corporate Political Responsibility Taskforce (CPRT)’s Expert Dialogues are in-depth, recorded conversations with academic experts, stakeholder advocates and business practitioners to provide our members and other CPR champions with the expertise and context they need to develop principled, proactive CPR strategies. We invite those interested in a constructive, non-partisan, principles-based discussions

Angeli Patel is the Executive Director of the Berkeley Center for Law and Business. Previously, she was an attorney in the Sustainability & ESG Advisory Practice at Paul, Weiss, Rifkind, Wharton & Garrison LLP in San Francisco where she advised clients on the governance of climate and social risks, and a Lecturer at Berkeley Law. Prior to her legal career, Angeli served at the White House Office of Management and Budget under the Obama Administration and served as a policy advisor at the U.S. Department of Health and Human Services on consumer privacy.

Keywords: #CorporatePoliticalResponsibility, #CPR_Enterprise Risk, #CPR_FiduciaryDuty, #CPR_Legitimacy

More Resources

Sort by type
221 – 240 of 285 results showing
BookHarvard Business Review Press

Introduces the concept of “net positive advocacy,” which involves working with partners to advocate for policy that supports systemic solutions and net positive outcomes for all competitors. This requires courage and a shift in mindset, but actually helps de-risk both sustainable business strategies AND political interactions for companies. Their Readiness Test tool provides a useful conversation starter about the change in mindset required.  

View Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video Details
ReportWorld Resources Institute

As companies face increased pressure to advocate publicly for robust climate policies, this WRI report outlines three internal and four external barriers, including org charts and quarterly reports as well as trade associations and political winds, that present the biggest hurdles to implementation, and suggests ways to overcome them.

View Details
WebsiteWorld Benchmarking Alliance

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.

View Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video Details
ArticleHarvard Business Review

This article introduces the concept of “net positive advocacy,” which involves working with partners to advocate for policy that supports systemic solutions and net positive outcomes for all competitors. This requires courage and a shift in mindset, but actually helps de-risk both sustainable business strategies AND political interactions for companies. Their Readiness Test tool provides a useful conversation starter about the change in mindset required. 

View Details
ReportWBCSD

This guide outlines nine clear pathways—like net-zero emissions, circular economy, and inclusive societies—across key sectors including energy, mobility, food, and manufacturing, providing businesses a strategic roadmap to embed sustainability in governance and operations for a thriving 2050 within planetary limits.

View Details
ReportWBCSD

In a major refresh of its Vision 2050, the World Business Council for Sustainable Development argues that the decade ahead is critical if we are to achieve “9+ billion people living well within planetary boundaries.” They highlight the need to shift political and economic incentives that push companies into short-term behaviors that undermine societal or environmental systems, and propose a new CPR-driven mindset where firms align all policy influence activities to purpose statements and sustainability goals, partner to generate new policy ideas and help ensure relevant stakeholders are at the table.

View Details
VideoCorporate Political Responsibility Taskforce
Video Details
ReportThe Conference Board

A robust overview of current legal landscape for corporate political activity. It highlights the reputational and other risks companies need to manage, and the need for oversight and transparency to govern political spending.

View Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video Details
VideoCorporate Political Responsibility Taskforce
Video 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.