VideoCorporate Political Responsibility Taskforce

CPR & Acting on Racial Equity Pledges

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On July 22, 2021, we spoke with Lisa Lewin, CEO of General Assembly to explore “Economic Dynamism, Racial Equity & Fatigue: 3 Reasons CPR Matters to CEOs”

Many companies are struggling with the range of issues where they are being asked to take a stand -- from racial equity, to LGBTQ+ rights, climate change, and increasingly, the functioning of our civic institutions. In 2019, Lewin was one of hundreds of chief executives, corporate officers and companies that made public commitments to actively address racial inequality and discriminatory practices. How can CEOs create and commit to effective and sustainable pledges?

In this module, we explore:

  • Where does CPR fit into these racial equity commitments?
  • How can these commitments be maintained long term?

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.

Lisa Lewin is a strategist and operating executive with 25 years of experience leading and advising private, public, and nonprofit sector organizations. She is CEO of General Assembly, a global education company that helps students transform their lives by transforming their careers, providing in-demand digital skills to pivot from low-wage work to high-paying tech jobs. Prior, she held various roles at Pearson and McGraw-Hill, and founded Ethical Ventures, a New York City-based management consulting firm advising some of the world’s most ambitious social enterprises and mission-driven companies.

KEYWORDS: #CorporatePoliticalResponsibility #ESG #SystemicRisk #Injustice #Inequality

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BookHarvard University Press

Advances the argument that American CEOs, seemingly more powerful today than ever, have abrogated the key leadership role they once played in addressing national challenges, with grave consequences for American society. 

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ReportUN

Widely accepted multi-sector framework outlining expectations for companies to evaluate and disclose their commitment to human rights, identify salient issues, identifying processes for responding to claims, conducting due diligence and identifying strategies to prevent, mitigate or remediate adverse impacts on individuals and communities. Supports corporate political responsibility by outlining political rights as human rights, and providing established processes to draw on. 

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ReportHeritage Foundation

This article outlines how crony capitalism distorts the market, violates the principles of free markets, and risks value creation for all, as reflected in the Heritage Foundation's Index of Economic Freedom.

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Outlines a framework to help companies determine how to engage with social issues and an appropriate level of engagement—ranging from supporter to champion—describing the key to an effective engagement plan that integrates functional silos, all bolstered by compelling case studies.

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This seminal report from Freshfields Bruckhaus Deringer, addresses the question of whether institutional investors such as pension funds and insurance companies are legally permitted to integrate environmental, social and governance issues into their investment decision-making and ownership practices. The study describes the legal framework for institutions in Australia, Canada, France, Germany, Italy, Japan, Spain, the UK and the US.

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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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