VideoCorporate Political Responsibility Taskforce

Common Areas of Climate Policy Misalignment

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On September 9, 2021, we spoke with Dylan Tanner & Kendra Haven of Influence Map to explore “CPR and Climate Policy Mapping: Tracking Scope 4 Emissions”

Companies are taking great steps to make public statements on social and environmental responsibility. That said, misalignment between companies’ statements and actions abound. Are these misalignments detrimental not only to the company’s climate goals, but create financial risks as well?

In this module, we explore:

  • Where are the biggest misalignments between a company's stated commitments and their political influence?
  • What immediate threats do companies face as a result of their misalignments?

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.

InfluenceMap was founded in 2015 to track companies’ “Scope 4” emissions: the impact of their influence on climate policy, in the US, Europe and Asia. Their methodology includes direct advocacy, trade association relationships and lobbying intensity, and how they advance policies designed to limit global warming to 1.5o C.

#CorporatePoliticalResponsibility #ESG #CPR_Transparency #Greenwashing #ClimatePolicy #LongTermValue

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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