VideoCorporate Political Responsibility Taskforce

Why Would Companies Support POST-MAP-ASK?

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On March 3, 2023, we spoke with Christine Mahoney of the University of Virginia to explore “Better Disclosure: Could a Voluntary Lobby Disclosure Platform Improve CPR While Lowering Reporting Requirements?”

Despite the enormous burden of current reporting requirements on lobbying activity, there is surprisingly little useful information to enable problem-solving or accountability. Meanwhile, companies now face pressure to report in more depth on the issues they advocate for and their positions on key issues. Lawmakers and their staffs struggle to make sense of the policy landscape and cumbersome comment processes, while constituents are demanding more accountability from their elected representatives, amid an environment of declining trust.

In this module, we explore:

  • What would companies want to support a system like this?

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 #CPR_Responsibility #CivicInstitutions #Democracy #CPR_Accountability

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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