ArticleIMD

The Nonmarket Sustainability Advantage

What It Is: An article laying out a structured "nonmarket strategy" framework — analysis, strategy formulation, capacity building, feasibility checks, and implementation — for how companies should engage with regulators, activists, and public opinion alongside their core market strategy. 

Why It Matters: The authors provide detailed cases that show the risks and best practices, that impact a company's social license to operate — nonmarket engagement isn't a side activity but a core determinant of whether a company's social license to operate holds. 

How to Use It: Use the five-stage framework (analysis, strategy, capacity, feasibility, implementation) as a working checklist when developing or auditing your organization's own nonmarket/public affairs strategy, while also considering safeguards, such as those in our Principled Influence: A Guide to Strengthening Public Affairs Practices in Polarized Environments. 

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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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WebsiteCivic Alliance

Civic Alliance assembled a robust playbook for companies to more representatively support a strong democracy. The playbook includes concepts to support one’s business case, questions to ask oneself in building an action plan, and concrete steps to better engage employees, consumers, and other stakeholders.

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ReportPolicyLink

This report argues that the private sector has an indispensable and influential role in achieving a future free of racial and economic inequality in the US. Outlines guidelines to help business leaders and stakeholders articulate the need for corporate priorities on equity.

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VideoCorporate Political Responsibility Taskforce
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ArticleHarvard Business Review

Strine and Lund argue that political spending hurts shareholder interests because it increases risks, is not transparent, and correlates with lower financial performance. They make the case that companies should either end all spending, obtain shareholder consent, or limit expenditures to PACs (which are strictly voluntary and have mandated disclosure).

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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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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ReportEuropean Financial Reporting Advisory Group (EFRAG)

ESRS G1 sets mandatory disclosure requirements on business conduct, covering corporate culture, supplier relationships, anti-corruption and bribery, whistleblower protection, political influence and lobbying, and payment practices, especially toward SMEs. It links governance and conduct to impact, risk, and opportunity management, making companies explain how business behavior supports transparent, sustainable practices for all stakeholders. 

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ReportBeneficial State Foundation

The Equitable Bank Standards define a comprehensive framework for banks across five areas: governance, lending and investments, products and services, operational practices, and corporate citizenship. They lay out concrete standards for maximizing positive social and environmental impact while minimizing harm, guiding bankers, regulators, advocates, and customers in assessing whether finance advances equity and community well-being.

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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