VideoCorporate Political Responsibility Taskforce

Actions Companies Can Take

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On February 16, 2023, we spoke with Jonas Kron of Trillium Asset Management to explore “The Paradoxes of Shareholder Voice: CPR & the Investment Manager Perspective.”

Amidst the current debate about ESG and impact investing, fund managers are taking a deeper look at the political activities of the companies they invest in. Some push companies into active advocacy. Others focus on ensuring that political influences are not adding risk, or insisting that firms stay out of politics altogether. Yet all of these strategies raise enormous practical questions.

In this module, we explore:

  • Do companies have a role in helping to restore trust in civil institutions?
  • What objections might there be to having companies get involved that way? How do you respond?

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.

Jonas Kron, Esq. is Trillium Asset Management's Chief Advocacy Officer. With more than 20 years of experience in shareholder advocacy, Jonas is responsible for leading and coordinating Trillium’s extensive advocacy program, which works to engage companies on their environmental and social performance.

The full transcript for this module is available here

Keywords: #CorporatePoliticalResponsibility #CivicRestoration #PoliticalAction #CSRBacklash

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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