VideoCorporate Political Responsibility Taskforce

Implications for CPR: How Quantification Strengthens the Case for Action (and CPR)

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On April 18, 2024, we spoke with Daniel Aronson, Founder of Valutus, to explore “The Value of Values: How Quantification Strengthens the Case for Action (and CPR).”

As more companies face challenges related to ESG and DEI initiatives, some are pulling back on investments and hesitating to take public stances on issues. But prevailing public sentiment and market indicators rebuke the conventional idea that business leaders must choose between profit and purpose. Increasingly, the numbers — factual and financial — show the tangible value for corporations in establishing and prioritizing values and intentionally deciding where and how to show up for policy discussions. Established values can also inform a corporate political responsibility framework that companies can use to navigate the policy landscape and decide how and when to act. As leaders take the courageous and sometimes vulnerable steps to lead with values, they adopt a long-term perspective on management and decision-making that creates more resilient businesses with stronger bottom lines.  

In this module, we explore:

  • How might the Erb Principles help business leaders live out values as they deal with policy challenges?
  • How might double-materiality analysis guide a companies' political involvements?

The Corporate Political Responsibility Taskforce (CPRT) 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. Each module is designed to spark constructive, non-partisan, principles-based dialogue without “being political.”

As Founder of Valutus, Daniel Aronson specializes in creating value through sustainability and responsibility. During his consulting career, he has led sustainability strategy consulting for Deloitte and IBM and has worked with global leaders in the field — including Nike, Johnson & Johnson, Novartis, Autodesk, Interface, Biogen, and Philips. He has been researching, writing, and consulting on the environment, social responsibility, and innovation for over 25 years.   

KEYWORDS: #CorporatePoliticalResponsibility #CPR_Long-term Value #CPR_ESG #CPR_Enterprise Risk #CPR_Systemic Risk #CPR_BizStrategy #CPR_Markets #CPR_PublicPolicy #CPR_Accountability #CPR_Responsibility

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VideoCorporate Political Responsibility Taskforce
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ArticleHarvard Business Review

This article explores the need for companies to think about political responsibility, not just social responsibility.

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ArticleNetwork for Business Sustainability

This article summarizes the rationale for corporate political responsibility and explains the four Erb Principles, which are an actionable, non-partisan template that companies can use to decide whether and how to engage in political influence.  

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ReportCarnegie Endowment for International Peace

This paper provides a deep and detailed examination of how economies and businesses fare under leaders who purport to be both pro-business and populist. With the increase in the number of populist leaders throughout the world, this question has become increasingly pressing. 

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ArticleBloomberg

In this article the authors highlight how the Erb Principles for Corporate Political Responsibility identify common ground between the debate about shareholder value versus stakeholder considerations, and offer a roadmap for more responsible participation by businesses in our political system. 

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ReportPrinciples for Responsible Investment

Provides investors with a structured approach to responsible investment, considering investment beliefs, stewardship, fiduciary duty, governance roles, and public disclosure.

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ReportAmerican Compass

A guide to how responsive politics, productive markets, and supportive communities are key to rebuilding American capitalism.

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ArticleCorporate Political Responsibility Site (published by Bohnen Public Affairs)

This piece proposes that trade associations are positioned to be powerful groundbreakers for business—helping shape rules that enable long-term value and healthy competition. But without clear standards, the authors argue, these same associations risk acting as bodyguards for narrow interests, distorting markets, block innovation and undermining trust in business and government. This piece proposes applying CPR principles—Legitimacy, Transparency, Accountability, and Responsibility—to guide more consistent, credible association advocacy aligned with shared business and societal goals, and the ultimate promise of free markets.

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