VideoCorporate Political Responsibility Taskforce

Corporate Political Responsibility: From Theory to Action

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Companies have become increasingly powerful political players in recent decades, using their political clout to influence public policy on social, economic and environmental issues – often behind closed doors and too often, in ways that undermine the public interest. In his new book, Corporate Political Responsibility, Tom Lyon and a series of leading scholars of corporate political responsibility seek to create a new norm for responsible political behaviour by corporations. During this virtual event, contributors will discuss both this book and the path forward for researchers, activists, business leaders, and citizens who seek a future in which corporate political influence is transparent, accountable and responsible.

Panelists:

Tom Lyon, Dow Professor of Sustainable Science, Technology and Commerce at the University of Michigan, Erb Institute Faculty Director

Bruce Freed, President and Co-Founder, Center for Political Accountability

Steven Rothstein, Managing Director, Ceres Accelerator for Sustainable Capital Markets

Moderator:

Elizabeth Doty, Director, Corporate Political Responsibility Taskforce at the University of Michigan

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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