Political spending increasingly seen as ESG metric as transparency rating reaches new milestone
One fifth of S&P 500 firms rank as ‘trendsetters’ in 2023 CPA-Zicklin Index of Corporate Political Disclosure and Accountability.
In our ‘hyper-polarized’ political climate, 20% of the S&P 500 is now doing this
As the U.S. continues to look polarized politically, a growing number of S&P 500 companies have made the effort to earn the highest scores from a watchdog organization that’s focused on transparency in corporate political spending.
Political Spending: Checklist for Reducing Corporate Risk
The Center for Political Accountability recently published this 10-page guide to corporate political spending. The guide suggests solutions to 5 common challenges that arise from contributions to political candidates, trade associations, and other third-party groups.
Harvard Law School Forum: Guide to Corporate Political Spending: A Practical Checklist for Management
The purpose of the Guide is to help safeguard companies as they make political spending decisions in today’s charged environment.
Investors Ask Members of BRT To Evaluate How Their Political Activities May Reinforce Or Undermine Democratic Institutions
Today members of the Interfaith Center on Corporate Responsibility (ICCR) announced they had sent letters to members of the Business Roundtable urging them to align political spending with their state core values, to mitigate both reputational risks to the company, and broader risks to democracy.
The FirstEnergy scandal shows everything that could wrong with companies’ political spending in 2024
Corporations increasingly face risk from their political spending, and that risk is heightened when they have not charted where funds will actually go.
Former Ohio House Speaker Sentenced to 20 Years After Bribery Conviction
“The whole issue of dark money and soliciting dark money presents a real crisis in our political system today and poses a real risk to companies,” said Bruce Freed, president of the Center for Political Accountability, a Washington, D.C., group that pushes companies to disclose more about their financing of political efforts. “At this point,…
Conservatives Want Corporate Political Responsibility
Bud Light. Disney. Goya. Coca-Cola. Delta. The one thing these companies all have in common is they have all found themselves in the crosshairs of American politics.
Support for Abortion-Related Risk Disclosure Wanes This Year
Coca-Cola and UPS investors are among those rejecting abortion bids. Growing Awareness of risks from political, lobbying donations.