VideoCorporate Political Responsibility Taskforce

Factors & Stakeholders in Defining CPR

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On September 30, 2021, we spoke with Chris Padilla, Vice President, Government & Regulatory Affairs at IBM to explore “A Different Approach to Influence: Non-Giving as a Viable Government Relations Strategy.”

The last few years have seen an unprecedented number of issues where companies have been pressed to step in on societal, civic and political questions. IBM’s history has kept social issues separate from the company. In this module, we examine how they have adapted to today’s pressures and defined corporate political responsibility.

In this module, we explore:

  • What challenges does IBM face responding to social issues?
  • What factors need to be considered in defining CPR?

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 discussion.

Christopher A. Padilla leads IBM's global government affairs team of more than 100 professionals in thirty six countries. His team represents IBM’s interests before governments worldwide on such issues as cyber security policy, taxation, trade, intellectual property rights, workforce and education policy, and government procurement. He is also responsible for corporate compliance with export controls, economic sanctions, and customs regulations. He has been named one of Washington’s Top Corporate Lobbyists by The Hill newspaper.

Keywords: #CPRPracticesEEEngagement #CPAPoliticalLobbying #CPAAvenues #CPAExternalCommunications #CPAEmployeeCommunications #CorporatePoliticalResponsibility

More Resources

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ReportAccountAbility, UN Global Compact

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

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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.

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ArticleMIT Sloan

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

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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.

 

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