ArticleCovington & Burling LLP

Corporate Political Disclosure Shareholder Proposals Draw Surprising Support

Covington Public Policy & Political Law Practice, 2025
https://www.cov.com/en/news-and-insights/insights/2025/08/corporate-political-disclosure-shareholder-proposals-draw-surprising-support

This Covington client alert reports that shareholder proposals for greater corporate political spending transparency received unusually strong support in 2025, averaging 42% compared to 26% in 2024. The alert highlights rising investor expectations shaped by the CPA-Zicklin Index and warns companies to balance transparency with legitimate confidentiality, emphasizing the governance risks of insufficient disclosure and unexamined political expenditures. 

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