VideoCorporate Political Responsibility Taskforce

Defining and Mobilizing New Norms for CPR

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On July 21, 2022, we spoke with Yousuf Aftab, Director of Atelier Aftab, to explore “CPR and the Law: Human Rights, Fiduciary Duty & Sustainability Governance ”

As investor interest in ESG accelerates and new challenges emerge, directors and executives can expect more nuanced legal challenges. Among the most difficult of these are questions about the legal aspects of corporate political responsibility.

In this module, we explore:

  • How would you define corporate political responsibility through a human rights lens?
  • How would you envision principles for CPR spreading to become the norm? How would you approach it?

Yousuf Aftab, Director of Atelier Aftab, is an ESG lawyer and strategist with deep expertise in business and human rights and a decade of experience advising Fortune 100 companies, governments, and international organizations on all aspects of strategic sustainability--from governance design and due diligence crisis management and disputes.

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.

KEYWORDS: #CorporatePoliticalResponsibility #ESG #Inclusion #CPR_Legitimacy #CPR_Responsibility #CPR_Trends

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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